Kriti Industries (India) (NSE:KRITI) ROCE % : -6.92% (As of Dec. 2024)

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What is Kriti Industries (India) 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. Kriti Industries (India)'s annualized ROCE % for the quarter that ended in Dec. 2024 was -6.92%.

Kriti Industries (India) ROCE % Historical Data

The historical data trend for Kriti Industries (India)'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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Kriti Industries (India) ROCE % Chart

Kriti Industries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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27.18

37.12

16.25

-9.29

23.08

Kriti Industries (India) 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															35.30	10.00	39.65	4.41	-6.92

Kriti Industries (India) ROCE % Calculation

Kriti Industries (India)'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 )
	=	444.759	/	( ( (4114.08 - 2459.02)	+	(4537.156 - 2337.637) )	/ 2 )
	=	444.759	/	( (1655.06	+	2199.519)	/ 2 )
	=	444.759	/	1927.2895
	=	23.08 %

Kriti Industries (India)'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 )
	=	-180.704	/	( ( (5325.091 - 2713.987)	+	(0 - 0) )	/ 1 )
	=	-180.704	/	( ( 2611.104	+	0 )	/ 1 )
	=	-180.704	/	2611.104
	=	-6.92 %

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

Kriti Industries (India) (NSE:KRITI) 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.

Kriti Industries (India) ROCE % Related Terms

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Kriti Industries (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kriti Industries (India) Ltd (NSE:KRITI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

526423:India

Address

Plot No. 10, Scheme No. 78-II, Vijay Nagar, Brilliant Sapphire, 801 - 804, 8th Floor, Indore, MP, IND, 452 010

Website

http://www.kritiindia.com

Kriti Industries (India) Ltd is a manufacturer of plastic polymer Piping Systems, Blow moulded plastic products as well as refined Soyabean products. Its agriculture products include rigid polyvinyl chloride (RPVC) pipe and fittings, casing pipe, polyethylene (PE) coils, sprinkler systems, submersible pipe, suction, and garden pipe. Building products include soil waste rainwater (SWR) drainage pipe and fittings, chlorinated polyvinyl chloride (CPVC) and plumb pipe and fittings, garden pipe and water tank. Its micro irrigation products includes micro irrigation lateral (inline and online), sprinkler systems, and RPVC pipe and fittings. Geographically, it derives a majority of revenue from India.

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