Shanti Overseas (India) (NSE:SHANTI) ROCE % : -15.41% (As of Sep. 2024)

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What is Shanti Overseas (India) 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. Shanti Overseas (India)'s annualized ROCE % for the quarter that ended in Sep. 2024 was -15.41%.

Shanti Overseas (India) ROCE % Historical Data

The historical data trend for Shanti Overseas (India)'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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Shanti Overseas (India) ROCE % Chart

Shanti Overseas (India) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.81

7.18

12.42

-74.79

-11.83

Shanti Overseas (India) Semi-Annual Data
	Mar17	Sep17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial										-23.83	-134.97	-11.00	-13.34	-15.41

Shanti Overseas (India) ROCE % Calculation

Shanti Overseas (India)'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 )
	=	-18.878	/	( ( (181.771 - 12.554)	+	(204.418 - 54.486) )	/ 2 )
	=	-18.878	/	( (169.217	+	149.932)	/ 2 )
	=	-18.878	/	159.5745
	=	-11.83 %

Shanti Overseas (India)'s ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-22	/	( ( (204.418 - 54.486)	+	(204.725 - 69.146) )	/ 2 )
	=	-22	/	( ( 149.932	+	135.579 )	/ 2 )
	=	-22	/	142.7555
	=	-15.41 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Shanti Overseas (India) (NSE:SHANTI) 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.

Shanti Overseas (India) ROCE % Related Terms

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Shanti Overseas (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanti Overseas (India) Ltd (NSE:SHANTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8/5 Yeshwant Niwas Road, 203, 2nd Floor, N.M. Verge, Indore, MP, IND, 452003

Website

https://www.shantioverseas.com

Shanti Overseas (India) Ltd is a company engaged in the manufacturing of grains Pulses and other Agri Commodity. It manufactures soya products which include, soya de-oiled cakes (soya meal), soya crude oil, degummed oil and soya lecithin. The company also processes and trades Agri commodities such as chickpeas, soya beans, cracked corn, maize, yellow peas and pulses.

Shanti Overseas (India) Headlines

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