Madhusudan Masala (NSE:MADHUSUDAN) ROCE % : 33.86% (As of Sep. 2024)

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What is Madhusudan Masala 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. Madhusudan Masala's annualized ROCE % for the quarter that ended in Sep. 2024 was 33.86%.

Madhusudan Masala ROCE % Historical Data

The historical data trend for Madhusudan Masala'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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Madhusudan Masala ROCE % Chart

Madhusudan Masala Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

13.71

24.60

94.73

44.82

Madhusudan Masala Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
ROCE %	-	-	-	-	33.86

Madhusudan Masala ROCE % Calculation

Madhusudan Masala'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 )
	=	162.866	/	( ( (573.742 - 391.394)	+	(1052.51 - 508.074) )	/ 2 )
	=	162.866	/	( (182.348	+	544.436)	/ 2 )
	=	162.866	/	363.392
	=	44.82 %

Madhusudan Masala'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	228.332	/	( ( (1052.51 - 508.074)	+	(1573.844 - 769.763) )	/ 2 )
	=	228.332	/	( ( 544.436	+	804.081 )	/ 2 )
	=	228.332	/	674.2585
	=	33.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Madhusudan Masala (NSE:MADHUSUDAN) 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.

Madhusudan Masala ROCE % Related Terms

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Madhusudan Masala Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Madhusudan Masala Ltd (NSE:MADHUSUDAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 1 - B Hapa Road, F. P. No. 19, Jamnagar, GJ, IND, 361001

Website

https://www.madhusudanmasala.com

Madhusudan Masala Ltd is engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names of DOUBLE HATHI and MAHARAJA. It also sells products like Whole Spices, Tea and Other Grocery Products like Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek), etc.

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