Jubilant Ingrevia (NSE:JUBLINGREA) ROCE % : 10.91% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jubilant Ingrevia 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. Jubilant Ingrevia's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.91%.

Jubilant Ingrevia ROCE % Historical Data

The historical data trend for Jubilant Ingrevia'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.

Jubilant Ingrevia ROCE % Chart

Jubilant Ingrevia Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

6.79

28.15

15.70

9.80

Jubilant Ingrevia Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												11.27	8.55	7.47	9.32	10.91

Jubilant Ingrevia ROCE % Calculation

Jubilant Ingrevia'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 )
	=	3196.15	/	( ( (42588.79 - 11795.75)	+	(47318.9 - 12860.76) )	/ 2 )
	=	3196.15	/	( (30793.04	+	34458.14)	/ 2 )
	=	3196.15	/	32625.59
	=	9.80 %

Jubilant Ingrevia'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 )
	=	3811.6	/	( ( (0 - 0)	+	(48412.9 - 13483.4) )	/ 1 )
	=	3811.6	/	( ( 0	+	34929.5 )	/ 1 )
	=	3811.6	/	34929.5
	=	10.91 %

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

Jubilant Ingrevia (NSE:JUBLINGREA) 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.

Jubilant Ingrevia ROCE % Related Terms

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

Jubilant Ingrevia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jubilant Ingrevia Ltd (NSE:JUBLINGREA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

543271:India

Address

1-A, Sector 16-A, Noida, UP, IND, 201301

Website

https://www.jubilantingrevia.com

Jubilant Ingrevia Ltd is a life science products and solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer, and Industrial customers with its customized products and solutions. It is engaged in the manufacturing and supply of specialty intermediates, nutrition and health solutions, and life science chemicals. Its segments are Speciality Chemicals, Nutrition, and Health Solutions, and Chemical Intermediates. The maximum revenue for the company is generated from its Chemical Intermediaries segment which manufactures acetyls, and speciality ethanol. Geographically, it derives key revenue from India and the rest from the Americas and Europe, China, and the Rest of the world.

Jubilant Ingrevia Headlines

No Headlines