Chemcon Speciality Chemicals (NSE:CHEMCON) ROCE % : 7.68% (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Chemcon Speciality Chemicals 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. Chemcon Speciality Chemicals's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.68%.

Chemcon Speciality Chemicals ROCE % Historical Data

The historical data trend for Chemcon Speciality Chemicals'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.

* Premium members only.

Chemcon Speciality Chemicals ROCE % Chart

Chemcon Speciality Chemicals Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

51.25

30.18

21.57

17.13

6.30

Chemcon Speciality Chemicals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															7.40	6.00	4.29	6.94	7.68

Chemcon Speciality Chemicals ROCE % Calculation

Chemcon Speciality Chemicals'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 )
	=	297.126	/	( ( (5533.568 - 912.54)	+	(5452.42 - 637.007) )	/ 2 )
	=	297.126	/	( (4621.028	+	4815.413)	/ 2 )
	=	297.126	/	4718.2205
	=	6.30 %

Chemcon Speciality Chemicals's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	378.628	/	( ( (0 - 0)	+	(5605.883 - 673.337) )	/ 1 )
	=	378.628	/	( ( 0	+	4932.546 )	/ 1 )
	=	378.628	/	4932.546
	=	7.68 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Chemcon Speciality Chemicals (NSE:CHEMCON) 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.

Chemcon Speciality Chemicals ROCE % Related Terms

Thank you for viewing the detailed overview of Chemcon Speciality Chemicals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chemcon Speciality Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcon Speciality Chemicals Ltd (NSE:CHEMCON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

543233:India

Address

Old Padra Road, Akshar Chowk, 9th Floor, Onyx Business Center, Vadodara, GJ, IND, 390020

Website

https://www.cscpl.com

Chemcon Speciality Chemicals Ltd manufactures specialized chemicals including Hexamethyldisilazane and Chloromethyl Isopropyl Carbonate, which are mainly used in the pharmaceutical industry. The company also produce inorganic bromides such as Calcium Bromide, Zinc Bromide, and Sodium Bromide, which are primarily used as completion fluids in the oilfields industry. The company's product lines include Oilfield Chemicals, Pharmaceutical Chemicals, Silanes, and Contract Manufacturing. It operates in India and internationally, with the majority of its revenue coming from India. In addition to the sale of products, the company also generates revenue from the sale of services.

Chemcon Speciality Chemicals Headlines

No Headlines