IFGL Refractories (NSE:IFGLEXPOR) ROCE % : 0.52% (As of Dec. 2024)

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What is IFGL Refractories 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. IFGL Refractories's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.52%.

IFGL Refractories ROCE % Historical Data

The historical data trend for IFGL Refractories'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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IFGL Refractories ROCE % Chart

IFGL Refractories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.03

14.12

10.96

10.44

9.49

IFGL Refractories Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-5.32	8.34	12.21	6.23	0.52

IFGL Refractories ROCE % Calculation

IFGL Refractories'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 )
	=	1088.671	/	( ( (14259.349 - 3090.333)	+	(14903.595 - 3129.943) )	/ 2 )
	=	1088.671	/	( (11169.016	+	11773.652)	/ 2 )
	=	1088.671	/	11471.334
	=	9.49 %

IFGL Refractories's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	62.8	/	( ( (15471.4 - 3397.1)	+	(0 - 0) )	/ 1 )
	=	62.8	/	( ( 12074.3	+	0 )	/ 1 )
	=	62.8	/	12074.3
	=	0.52 %

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

IFGL Refractories (NSE:IFGLEXPOR) 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.

IFGL Refractories ROCE % Related Terms

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IFGL Refractories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » IFGL Refractories Ltd (NSE:IFGLEXPOR) » Definitions » ROCE %

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540774:India

Address

3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001

Website

https://www.ifglgroup.com

IFGL Refractories Ltd is engaged in the business of manufacture, trading, and sale of refractories and services thereof. The company's geographical segments include India, the United Kingdom, Europe, Asia Excluding India, the Americas, and Others. It generates maximum revenue from India. The company product categories include Isostatic, slide gate, Tube changer system, Purging system, Cast products and Monolithics, Zircon and zirconia nozzles, Engineering division, Foundry ceramics, Wire guides, and Heating ovens. It serves for Iron and Steel Industries.

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