Sati Poly Plast (NSE:SATIPOLY) ROCE % : 25.40% (As of Mar. 2024)

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What is Sati Poly Plast 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. Sati Poly Plast's annualized ROCE % for the quarter that ended in Mar. 2024 was 25.40%.

Sati Poly Plast ROCE % Historical Data

The historical data trend for Sati Poly Plast'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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Sati Poly Plast ROCE % Chart

Sati Poly Plast Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

14.14

32.96

25.40

Sati Poly Plast Semi-Annual Data
	Mar22	Mar23	Mar24
ROCE %	14.14	32.96	25.40

Sati Poly Plast ROCE % Calculation

Sati Poly Plast'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 )
	=	63.743	/	( ( (419.408 - 214.962)	+	(563.757 - 266.317) )	/ 2 )
	=	63.743	/	( (204.446	+	297.44)	/ 2 )
	=	63.743	/	250.943
	=	25.40 %

Sati Poly Plast'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 )
	=	63.743	/	( ( (419.408 - 214.962)	+	(563.757 - 266.317) )	/ 2 )
	=	63.743	/	( ( 204.446	+	297.44 )	/ 2 )
	=	63.743	/	250.943
	=	25.40 %

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

Sati Poly Plast (NSE:SATIPOLY) 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.

Sati Poly Plast ROCE % Related Terms

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Sati Poly Plast Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sati Poly Plast Ltd (NSE:SATIPOLY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-44, Phase II, District Gautam Budh Nagar, Noida, UP, IND, 201305

Website

https://www.satipolyplast.in

Sati Poly Plast Ltd is engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. Its packaging solutions offers products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods.

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