Visaka Industries (NSE:VISAKAIND) ROCE % : -1.24% (As of Dec. 2024)

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What is Visaka 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. Visaka Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.24%.

Visaka Industries ROCE % Historical Data

The historical data trend for Visaka 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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Visaka Industries ROCE % Chart

Visaka Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.29

24.46

22.67

10.92

4.10

Visaka 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															0.62	4.61	10.15	-4.42	-1.24

Visaka Industries ROCE % Calculation

Visaka 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 )
	=	394.48	/	( ( (13703.849 - 4219.185)	+	(14944.288 - 5182.51) )	/ 2 )
	=	394.48	/	( (9484.664	+	9761.778)	/ 2 )
	=	394.48	/	9623.221
	=	4.10 %

Visaka 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 )
	=	-117.604	/	( ( (14403.804 - 4888.022)	+	(0 - 0) )	/ 1 )
	=	-117.604	/	( ( 9515.782	+	0 )	/ 1 )
	=	-117.604	/	9515.782
	=	-1.24 %

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

Visaka Industries (NSE:VISAKAIND) 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.

Visaka Industries ROCE % Related Terms

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Visaka Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Visaka Industries Ltd (NSE:VISAKAIND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

509055:India

Address

S.P. Road, Visaka Towers, 1-8-303/69/3, Secunderabad, TG, IND, 500 003

Website

https://www.visaka.co

Visaka Industries Ltd is a manufacturer of Roofing sheets and Cement sheets. It also manufactures Fiber sheets, Industrial sheets, Fiber cement corrugated sheets, Fiber cement sheets, and Roofing sheets. The company's activities are organized into two operating segments namely, Building Products and Textile Synthetic Yarn. The Building Products division produces asbestos sheets, accessories used mostly as a roofing material, and non-asbestos flat sheets and sandwich panels used as interiors. Its Synthetic Yarn division manufactures yarn out of blends of polyester, viscose, and other materials which go into the weaving of the fabric. It generates maximum revenue from the Building Products segment. Geographically, it derives a majority of its revenue from India.

Visaka Industries Headlines

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