Bombay Super Hybrid Seeds (NSE:BSHSL) ROCE % : 14.69% (As of Sep. 2023)

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What is Bombay Super Hybrid Seeds ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bombay Super Hybrid Seeds's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.69%.

Bombay Super Hybrid Seeds ROCE % Historical Data

The historical data trend for Bombay Super Hybrid Seeds's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bombay Super Hybrid Seeds ROCE % Chart

Bombay Super Hybrid Seeds Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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17.74

23.98

34.71

41.85

40.67

Bombay Super Hybrid Seeds Quarterly Data
	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															63.22	22.80	85.05	14.69	-

Bombay Super Hybrid Seeds ROCE % Calculation

Bombay Super Hybrid Seeds's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	280.961	/	( ( (1328.778 - 742.5)	+	(1621.86 - 826.583) )	/ 2 )
	=	280.961	/	( (586.278	+	795.277)	/ 2 )
	=	280.961	/	690.7775
	=	40.67 %

Bombay Super Hybrid Seeds's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	104.636	/	( ( (0 - 0)	+	(1084.464 - 371.973) )	/ 1 )
	=	104.636	/	( ( 0	+	712.491 )	/ 1 )
	=	104.636	/	712.491
	=	14.69 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Bombay Super Hybrid Seeds (NSE:BSHSL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bombay Super Hybrid Seeds ROCE % Related Terms

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Bombay Super Hybrid Seeds (NSE:BSHSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bombay Super Hybrid Seeds Ltd (NSE:BSHSL) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

N.H. 8-B Kuvadva, Plot No. 8,9,10,11, Shreenathji Industrial Estate, Near Kuvadva G.I.D.C., Rajkot, GJ, IND, 360023

Website

https://www.bombaysuperseeds.com

Bombay Super Hybrid Seeds Ltd manufactures agricultural seeds. Its products include Groundnut seeds, Coriander seeds, Onion seeds, Wheat seeds, Lucerne seeds, Cumin seeds, and others. Its only operating segment is seeds. Geographically, it operates only in India.

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