VIP Industries (NSE:VIPIND) ROCE % : 0.45% (As of Dec. 2024)

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What is VIP 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. VIP Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.45%.

VIP Industries ROCE % Historical Data

The historical data trend for VIP 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.

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VIP Industries ROCE % Chart

VIP Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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24.43

-12.80

15.52

29.55

13.91

VIP Industries 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															11.86	-10.34	9.08	-10.84	0.45

VIP Industries ROCE % Calculation

VIP Industries'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 )
	=	1228.6	/	( ( (14153.1 - 6261)	+	(20665.4 - 10895.4) )	/ 2 )
	=	1228.6	/	( (7892.1	+	9770)	/ 2 )
	=	1228.6	/	8831.05
	=	13.91 %

VIP Industries'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 )
	=	42	/	( ( (19655.5 - 10241.6)	+	(0 - 0) )	/ 1 )
	=	42	/	( ( 9413.9	+	0 )	/ 1 )
	=	42	/	9413.9
	=	0.45 %

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

VIP Industries (NSE:VIPIND) 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.

VIP Industries ROCE % Related Terms

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VIP Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VIP Industries Ltd (NSE:VIPIND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

507880:India

Address

88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025

Website

https://www.vipindustries.co.in

VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.

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