PCBL Chemical (NSE:PCBL) ROCE % : 11.42% (As of Dec. 2024)

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What is PCBL Chemical 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. PCBL Chemical's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.42%.

PCBL Chemical ROCE % Historical Data

The historical data trend for PCBL Chemical'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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PCBL Chemical ROCE % Chart

PCBL Chemical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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17.89

17.29

19.19

18.70

14.64

PCBL Chemical 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															23.45	12.57	14.08	13.38	11.42

PCBL Chemical ROCE % Calculation

PCBL Chemical'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 )
	=	8536.9	/	( ( (54328.1 - 18518.3)	+	(112954.1 - 32107.7) )	/ 2 )
	=	8536.9	/	( (35809.8	+	80846.4)	/ 2 )
	=	8536.9	/	58328.1
	=	14.64 %

PCBL Chemical'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 )
	=	9650	/	( ( (117446.3 - 32924.8)	+	(0 - 0) )	/ 1 )
	=	9650	/	( ( 84521.5	+	0 )	/ 1 )
	=	9650	/	84521.5
	=	11.42 %

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

PCBL Chemical (NSE:PCBL) 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.

PCBL Chemical ROCE % Related Terms

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PCBL Chemical Business Description

Industry

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Comparable Companies

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506590:India

Address

2/4 Judges Court Road, RPSG House, 4th Floor, Kolkata, WB, IND, 700 027

Website

https://www.pcblltd.com

PCBL Chemical Ltd is mainly engaged in the manufacturing of carbon black. The business activities of the entity are functioned through the segments of Carbon Black, Specialty Chemicals and Power segments. Carbon black is a reinforcing filler used in rubber compounds and enhancement in rubber properties. Specialty Chemicals are used as a pigment in plastics, inks, coatings and many other applications.

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