Tega Industries (NSE:TEGA) ROCE % : 33.80% (As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is Tega Industries 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. Tega Industries's annualized ROCE % for the quarter that ended in Mar. 2025 was 33.80%.

Tega Industries ROCE % Historical Data

The historical data trend for Tega Industries'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.

Tega Industries ROCE % Chart

Tega Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

ROCE %

Get a 7-Day Free Trial

29.35

20.90

24.32

21.41

19.62

Tega Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															35.86	15.95	6.38	22.01	33.80

Tega Industries ROCE % Calculation

Tega Industries's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	2861.02	/	( ( (18901.39 - 5260.99)	+	(20952.02 - 5430.29) )	/ 2 )
	=	2861.02	/	( (13640.4	+	15521.73)	/ 2 )
	=	2861.02	/	14581.065
	=	19.62 %

Tega Industries's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	5247.08	/	( ( (0 - 0)	+	(20952.02 - 5430.29) )	/ 1 )
	=	5247.08	/	( ( 0	+	15521.73 )	/ 1 )
	=	5247.08	/	15521.73
	=	33.80 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Tega Industries (NSE:TEGA) 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.

Tega Industries ROCE % Related Terms

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

Tega Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tega Industries Ltd (NSE:TEGA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

543413:India

Address

Godrej Waterside, Tower-II, Ring Road, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091

Website

https://www.tegaindustries.com

Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.

Tega Industries Headlines

No Headlines