Crompton Greaves Consumer Electricals (NSE:CROMPTON) ROCE % : 18.51% (As of Sep. 2024)

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What is Crompton Greaves Consumer Electricals 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. Crompton Greaves Consumer Electricals's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.51%.

Crompton Greaves Consumer Electricals ROCE % Historical Data

The historical data trend for Crompton Greaves Consumer Electricals'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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Crompton Greaves Consumer Electricals ROCE % Chart

Crompton Greaves Consumer Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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40.33

38.01

27.09

19.60

16.42

Crompton Greaves Consumer Electricals 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															16.92	14.42	18.31	21.80	18.51

Crompton Greaves Consumer Electricals ROCE % Calculation

Crompton Greaves Consumer Electricals'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 )
	=	6516.4	/	( ( (56544.3 - 17369.3)	+	(60817 - 20632.7) )	/ 2 )
	=	6516.4	/	( (39175	+	40184.3)	/ 2 )
	=	6516.4	/	39679.65
	=	16.42 %

Crompton Greaves Consumer Electricals'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 )
	=	7311.2	/	( ( (0 - 0)	+	(57173.3 - 17684.7) )	/ 1 )
	=	7311.2	/	( ( 0	+	39488.6 )	/ 1 )
	=	7311.2	/	39488.6
	=	18.51 %

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

Crompton Greaves Consumer Electricals (NSE:CROMPTON) 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.

Crompton Greaves Consumer Electricals ROCE % Related Terms

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Crompton Greaves Consumer Electricals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Crompton Greaves Consumer Electricals Ltd (NSE:CROMPTON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

539876:India

Address

Equinox Business Park, Lal Bahadur Shastri Marg, Tower 3, 1st Floor, East Wing, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.crompton.co.in

Crompton Greaves Consumer Electricals Ltd manufactures and markets consumer products in India. Its operating segments are Electric Consumer Durables Lighting Products and Butterfly. The company offers Fans, Lights, Water Heaters, Air Coolers, Home Appliances, Kitchen Appliances, Built-in Appliances, and Pumps. The company operates predominantly in the domestic market, in India.

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