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Rajgor Castor Derivatives (NSE:RCDL) ROCE % : 35.04% (As of Mar. 2024)


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What is Rajgor Castor Derivatives 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. Rajgor Castor Derivatives's annualized ROCE % for the quarter that ended in Mar. 2024 was 35.04%.

Rajgor Castor Derivatives ROCE % Historical Data

The historical data trend for Rajgor Castor Derivatives'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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Rajgor Castor Derivatives ROCE % Chart

Rajgor Castor Derivatives Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
7.70 -2.54 26.23 53.91 35.04

Rajgor Castor Derivatives Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
ROCE % 7.70 -2.54 26.23 53.91 35.04

Rajgor Castor Derivatives ROCE % Calculation

Rajgor Castor Derivatives'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 )
=188.994/( ( (778.264 - 481.842) + (1878.171 - 1096.002) )/ 2 )
=188.994/( (296.422+782.169)/ 2 )
=188.994/539.2955
=35.04 %

Rajgor Castor Derivatives's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=188.994/( ( (778.264 - 481.842) + (1878.171 - 1096.002) )/ 2 )
=188.994/( ( 296.422 + 782.169 )/ 2 )
=188.994/539.2955
=35.04 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

* 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.

Rajgor Castor Derivatives  (NSE:RCDL) 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.

Rajgor Castor Derivatives ROCE % Related Terms

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Rajgor Castor Derivatives Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajgor Castor Derivatives Ltd (NSE:RCDL) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
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Address
Science City Road, 1118, Fortune Business Hub, Near Satyamev Elysium, Sola, Ahmedabad, GJ, IND, 380060
Website
https://www.rajgorcastor.com
Rajgor Castor Derivatives Ltd has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. It focuses on operations relating to quality control, inventory management, and business development. Being a customer-centric company, its prime focus is to attain the utmost client satisfaction by offering them quality products.

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