Ravikumar Distilleries (NSE:RKDL) ROCE % : -8.23% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Ravikumar Distilleries 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. Ravikumar Distilleries's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.23%.

Ravikumar Distilleries ROCE % Historical Data

The historical data trend for Ravikumar Distilleries'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.

* Premium members only.

Ravikumar Distilleries ROCE % Chart

Ravikumar Distilleries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.49

0.98

-9.69

-20.02

-3.68

Ravikumar Distilleries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.61	-15.19	-3.08	-10.72	-8.23

Ravikumar Distilleries ROCE % Calculation

Ravikumar Distilleries's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-22.076	/	( ( (1295.849 - 694.284)	+	(1301.728 - 703.574) )	/ 2 )
	=	-22.076	/	( (601.565	+	598.154)	/ 2 )
	=	-22.076	/	599.8595
	=	-3.68 %

Ravikumar Distilleries's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-48.648	/	( ( (1315.963 - 724.786)	+	(0 - 0) )	/ 1 )
	=	-48.648	/	( ( 591.177	+	0 )	/ 1 )
	=	-48.648	/	591.177
	=	-8.23 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Ravikumar Distilleries (NSE:RKDL) 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.

Ravikumar Distilleries ROCE % Related Terms

Thank you for viewing the detailed overview of Ravikumar Distilleries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ravikumar Distilleries (NSE:RKDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ravikumar Distilleries Ltd (NSE:RKDL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

533294:India

Address

2nd Main Road, C-9, C-10, Industrial Estate, Thattanchavady, Puducherry, IND, 605 009

Website

http://www.ravikumardistilleries.com

Ravikumar Distilleries Ltd operates in the beverages industry. The company is principally engaged in the manufacturing and trading of liquors. The company's product categories include super-premium, premium, and regular. Its super-premium products comprise Capricorn super-premium whisky, Capricorn super brandy, and 2 barrels Napoleon brandy. Its premium products include 3 coins VSOP brandy, Mr.King brandy, Dupleix fine whisky, and Kada mark brandy. Its Regular products include Konarak grape brandy, Konarak malt whisky, and Chevalier brandy.

Ravikumar Distilleries (NSE:RKDL) Headlines

No Headlines