Nakoda Group of Industries (NSE:NGIL) ROCE % : 6.42% (As of Dec. 2024)

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What is Nakoda Group of Industries 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. Nakoda Group of Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.42%.

Nakoda Group of Industries ROCE % Historical Data

The historical data trend for Nakoda Group of Industries'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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Nakoda Group of Industries ROCE % Chart

Nakoda Group of Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.20

14.14

15.03

13.40

-2.87

Nakoda Group of Industries Quarterly Data
	Sep19	Mar20	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															-4.30	-18.33	-6.63	-7.27	6.42

Nakoda Group of Industries ROCE % Calculation

Nakoda Group of Industries'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 )
	=	-6.839	/	( ( (414.39 - 175.192)	+	(406.806 - 169.831) )	/ 2 )
	=	-6.839	/	( (239.198	+	236.975)	/ 2 )
	=	-6.839	/	238.0865
	=	-2.87 %

Nakoda Group of Industries'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 )
	=	16.12	/	( ( (399.84 - 148.725)	+	(0 - 0) )	/ 1 )
	=	16.12	/	( ( 251.115	+	0 )	/ 1 )
	=	16.12	/	251.115
	=	6.42 %

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

Nakoda Group of Industries (NSE:NGIL) 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.

Nakoda Group of Industries ROCE % Related Terms

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Nakoda Group of Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nakoda Group of Industries Ltd (NSE:NGIL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NGILPP1:India 890204:India 541418:India

Address

South Old Bagad Ganj, Plot No. 239, Small Factory Area, Nagpur, MH, IND, 440008

Website

https://www.nakodas.com

Nakoda Group of Industries Ltd is engaged in the manufacturing of tutti fruity and canned fruit cubes. The company is also engaged in trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal. Its product categories comprise of jams, candies, canned products, pickles, papads, bakery ingredients, edible seeds and nuts, fruit pulp, and chickpeas.

Nakoda Group of Industries Headlines

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