Vidhi Specialty Food Ingredients (NSE:VIDHIING) ROCE % : 23.79% (As of Dec. 2024)

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What is Vidhi Specialty Food Ingredients 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. Vidhi Specialty Food Ingredients's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.79%.

Vidhi Specialty Food Ingredients ROCE % Historical Data

The historical data trend for Vidhi Specialty Food Ingredients'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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Vidhi Specialty Food Ingredients ROCE % Chart

Vidhi Specialty Food Ingredients Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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39.64

33.79

40.62

20.98

18.56

Vidhi Specialty Food Ingredients 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															18.34	18.06	17.24	18.93	23.79

Vidhi Specialty Food Ingredients ROCE % Calculation

Vidhi Specialty Food Ingredients'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 )
	=	505.177	/	( ( (3311.278 - 723.226)	+	(3245.323 - 390.508) )	/ 2 )
	=	505.177	/	( (2588.052	+	2854.815)	/ 2 )
	=	505.177	/	2721.4335
	=	18.56 %

Vidhi Specialty Food Ingredients'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 )
	=	701.768	/	( ( (3560.844 - 610.659)	+	(0 - 0) )	/ 1 )
	=	701.768	/	( ( 2950.185	+	0 )	/ 1 )
	=	701.768	/	2950.185
	=	23.79 %

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

Vidhi Specialty Food Ingredients (NSE:VIDHIING) 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.

Vidhi Specialty Food Ingredients ROCE % Related Terms

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Vidhi Specialty Food Ingredients Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vidhi Specialty Food Ingredients Ltd (NSE:VIDHIING) » Definitions » ROCE %

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531717:India

Address

78, Tardeo Road, E/27, Commerce Centre, Mumbai, MH, IND, 400034

Website

https://www.vidhifoodcolors.com

Vidhi Specialty Food Ingredients Ltd is engaged in the business of manufacturing & trading synthetic food colors and chemicals. The company offers synthetic water-soluble colors, natural colors, aluminum lakes, federal food, drug, and cosmetic act certified lakes, drug and cosmetic colors, and other products. Their products are used in providing color solutions in the application of food and beverage, confectionery, pharmaceuticals, feeds, cosmetics, inkjet inks, pet food, healthcare, and salt-free color. The manufacturing facility is located in the Raigad district in the Indian state of Maharashtra. The Company's operating divisions are managed from India. The Company operates within India & Outside India. The majority of its revenue comes from export sales.

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