Walpar Nutritions (NSE:WALPAR) ROCE % : 11.46% (As of Sep. 2023)

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What is Walpar Nutritions 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. Walpar Nutritions's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.46%.

Walpar Nutritions ROCE % Historical Data

The historical data trend for Walpar Nutritions'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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Walpar Nutritions ROCE % Chart

Walpar Nutritions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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20.24

22.27

4.79

6.39

11.22

Walpar Nutritions Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial				6.16	4.35	2.51	18.00	11.46

Walpar Nutritions ROCE % Calculation

Walpar Nutritions'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 )
	=	19.045	/	( ( (280.9 - 138.449)	+	(343.015 - 145.946) )	/ 2 )
	=	19.045	/	( (142.451	+	197.069)	/ 2 )
	=	19.045	/	169.76
	=	11.22 %

Walpar Nutritions'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 )
	=	22.548	/	( ( (343.015 - 145.946)	+	(416.138 - 219.607) )	/ 2 )
	=	22.548	/	( ( 197.069	+	196.531 )	/ 2 )
	=	22.548	/	196.8
	=	11.46 %

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

Walpar Nutritions (NSE:WALPAR) 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.

Walpar Nutritions ROCE % Related Terms

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Walpar Nutritions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Walpar Nutritions Ltd (NSE:WALPAR) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Khatraj, 2nd Floor L5:377 Plot No 5, Omkar Estate, Opposite Sabarmati Gas Station, Kalol, Gandhinagar, GJ, IND, 382721

Website

https://www.walparnutritions.com

Walpar Nutritions Ltd is primarily engaged in manufacturing and trading of Pharmaceutical, Nutraceutical, Herbal, and Ayurvedic commodities.

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