M K Proteins (NSE:MKPL) ROCE % : 11.60% (As of Dec. 2024)

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What is M K Proteins 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. M K Proteins's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.60%.

M K Proteins ROCE % Historical Data

The historical data trend for M K Proteins'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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M K Proteins ROCE % Chart

M K Proteins Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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18.89

53.07

38.86

34.96

28.64

M K Proteins Quarterly Data
	Mar13	Mar14	Mar15	Mar16	Dec16	Mar17	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															25.87	55.96	23.54	14.28	11.60

M K Proteins ROCE % Calculation

M K Proteins'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 )
	=	165.928	/	( ( (1032.197 - 496.297)	+	(962.46 - 339.624) )	/ 2 )
	=	165.928	/	( (535.9	+	622.836)	/ 2 )
	=	165.928	/	579.368
	=	28.64 %

M K Proteins'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 )
	=	77.116	/	( ( (710.631 - 45.61)	+	(0 - 0) )	/ 1 )
	=	77.116	/	( ( 665.021	+	0 )	/ 1 )
	=	77.116	/	665.021
	=	11.60 %

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

M K Proteins (NSE:MKPL) 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.

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M K Proteins Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M K Proteins Ltd (NSE:MKPL) » Definitions » ROCE %

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543919:India

Address

Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003

Website

https://www.mkproteins.in

M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

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