Orissa Bengal Carrier (NSE:OBCL) ROCE % : 8.81% (As of Dec. 2024)

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What is Orissa Bengal Carrier 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. Orissa Bengal Carrier's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.81%.

Orissa Bengal Carrier ROCE % Historical Data

The historical data trend for Orissa Bengal Carrier'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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Orissa Bengal Carrier ROCE % Chart

Orissa Bengal Carrier Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.82

12.52

14.95

7.41

7.17

Orissa Bengal Carrier Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															11.72	-7.22	6.95	8.45	8.81

Orissa Bengal Carrier ROCE % Calculation

Orissa Bengal Carrier'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 )
	=	66.377	/	( ( (983.651 - 113.122)	+	(1136.058 - 155.463) )	/ 2 )
	=	66.377	/	( (870.529	+	980.595)	/ 2 )
	=	66.377	/	925.562
	=	7.17 %

Orissa Bengal Carrier'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 )
	=	96.48	/	( ( (1458.824 - 364.308)	+	(0 - 0) )	/ 1 )
	=	96.48	/	( ( 1094.516	+	0 )	/ 1 )
	=	96.48	/	1094.516
	=	8.81 %

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

Orissa Bengal Carrier (NSE:OBCL) 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.

Orissa Bengal Carrier ROCE % Related Terms

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Orissa Bengal Carrier Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orissa Bengal Carrier Ltd (NSE:OBCL) » Definitions » ROCE %

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541206:India

Address

Vidhan Sabha Road, A-1, 3rd Floor, C.G. Elite Complex, Opposite Mandi Gate, Pandri, Raipur, CT, IND, 492001

Website

https://www.obclimited.com

Orissa Bengal Carrier Ltd is engaged in the Transportation and Logistics Business. It offers shipments for local, regional, and nationwide cargoes. Its services include customized or specialized fleets for meeting specific requirements of clients. It serves a broad range of industries, including steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, and textiles. The company's main business activity is in full truck load transport service, which transports consignments by road all over India.

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