HMA Agro Industries (NSE:HMAAGRO) ROCE % : 30.76% (As of Sep. 2024)

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What is HMA Agro Industries 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. HMA Agro Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 30.76%.

HMA Agro Industries ROCE % Historical Data

The historical data trend for HMA Agro Industries'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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HMA Agro Industries ROCE % Chart

HMA Agro Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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41.44

44.63

46.45

37.45

22.38

HMA Agro Industries Quarterly Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial									10.46	36.27	-0.70	4.70	30.76

HMA Agro Industries ROCE % Calculation

HMA Agro Industries'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 )
	=	1467.55	/	( ( (9989.6 - 4581.52)	+	(14394.59 - 6688.4) )	/ 2 )
	=	1467.55	/	( (5408.08	+	7706.19)	/ 2 )
	=	1467.55	/	6557.135
	=	22.38 %

HMA Agro Industries'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 )
	=	2466.44	/	( ( (0 - 0)	+	(19694.77 - 11677.5) )	/ 1 )
	=	2466.44	/	( ( 0	+	8017.27 )	/ 1 )
	=	2466.44	/	8017.27
	=	30.76 %

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

HMA Agro Industries (NSE:HMAAGRO) 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.

HMA Agro Industries ROCE % Related Terms

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HMA Agro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (NSE:HMAAGRO) » Definitions » ROCE %

Traded in Other Exchanges

543929:India

Address

Fatehabad Road, N No. 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001

Website

https://www.hmagroup.co

HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat. The Company operates in the State of Uttar Pradesh, Punjab, Haryana, Rajasthan, Bihar and Maharashtra.

HMA Agro Industries Headlines

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