Venkys (India) (NSE:VENKEYS) ROCE % : 8.47% (As of Dec. 2024)

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What is Venkys (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. Venkys (India)'s annualized ROCE % for the quarter that ended in Dec. 2024 was 8.47%.

Venkys (India) ROCE % Historical Data

The historical data trend for Venkys (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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Venkys (India) ROCE % Chart

Venkys (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-2.17

37.90

19.77

8.57

9.19

Venkys (India) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-1.70	14.54	29.38	4.00	8.47

Venkys (India) ROCE % Calculation

Venkys (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 )
	=	1276.055	/	( ( (20148.824 - 6645.89)	+	(20937.526 - 6659.142) )	/ 2 )
	=	1276.055	/	( (13502.934	+	14278.384)	/ 2 )
	=	1276.055	/	13890.659
	=	9.19 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1274	/	( ( (20366.5 - 5331.7)	+	(0 - 0) )	/ 1 )
	=	1274	/	( ( 15034.8	+	0 )	/ 1 )
	=	1274	/	15034.8
	=	8.47 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Venkys (India) (NSE:VENKEYS) 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.

Venkys (India) ROCE % Related Terms

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Venkys (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Venkys (India) Ltd (NSE:VENKEYS) » Definitions » ROCE %

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523261:India

Address

Survey No. 114/A/2, Pune Sinhagad Road, Venkateshwara House, Pune, MH, IND, 411030

Website

https://www.venkys.com

Venkys (India) Ltd is India based poultry company with three operating segments Poultry and poultry products; Animal health products and Oilseed. The Poultry and poultry products segment consists of the production and sale of day-old broiler and layer chicks, specific pathogen-free eggs, processed chicken products, and poultry feed. The Animal health product segment produces and sells medicines and other health products for birds in Pune. The Oilseed segment produces and sells edible refined soya oil and soya de-oiled cake. Its activities include SPF eggs, chicken and eggs processing, broiler and layer breeding, genetic research and poultry diseases diagnostic, poultry vaccines and feed supplements, soya bean extract, etc.

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