Vishwas Agri Seeds (NSE:VISHWAS) ROCE % : 48.59% (As of Sep. 2023)

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What is Vishwas Agri Seeds 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. Vishwas Agri Seeds's annualized ROCE % for the quarter that ended in Sep. 2023 was 48.59%.

Vishwas Agri Seeds ROCE % Historical Data

The historical data trend for Vishwas Agri Seeds'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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Vishwas Agri Seeds ROCE % Chart

Vishwas Agri Seeds Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

35.34

46.79

42.64

Vishwas Agri Seeds Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
ROCE %	-	-	-	48.59

Vishwas Agri Seeds ROCE % Calculation

Vishwas Agri Seeds's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	78.242	/	( ( (336.293 - 207.83)	+	(535.189 - 296.686) )	/ 2 )
	=	78.242	/	( (128.463	+	238.503)	/ 2 )
	=	78.242	/	183.483
	=	42.64 %

Vishwas Agri Seeds's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	134.454	/	( ( (535.189 - 296.686)	+	(807.195 - 492.309) )	/ 2 )
	=	134.454	/	( ( 238.503	+	314.886 )	/ 2 )
	=	134.454	/	276.6945
	=	48.59 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Vishwas Agri Seeds (NSE:VISHWAS) 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.

Vishwas Agri Seeds ROCE % Related Terms

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Vishwas Agri Seeds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vishwas Agri Seeds Ltd (NSE:VISHWAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gangad Road, Near Toll Tax, S. No. 460, Bhayla, Bavla, Ahmedabad, GJ, IND, 382220

Website

https://www.vishwasagriseeds.com

Vishwas Agri Seeds Ltd seeds processing company. It produced seeds for more than 40 different field crops, vegetables that portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegitable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.

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