Kajaria Ceramics (BOM:500233) ROCE % : 20.34% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Kajaria Ceramics 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. Kajaria Ceramics's annualized ROCE % for the quarter that ended in Mar. 2024 was 20.34%.

Kajaria Ceramics ROCE % Historical Data

The historical data trend for Kajaria Ceramics'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.

* Premium members only.

Kajaria Ceramics ROCE % Chart

Kajaria Ceramics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

17.78

21.20

23.79

19.75

21.86

Kajaria Ceramics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															22.88	22.92	22.02	21.90	20.34

Kajaria Ceramics ROCE % Calculation

Kajaria Ceramics'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 )
	=	5967.4	/	( ( (33305.3 - 7482.5)	+	(35429.1 - 6666.7) )	/ 2 )
	=	5967.4	/	( (25822.8	+	28762.4)	/ 2 )
	=	5967.4	/	27292.6
	=	21.86 %

Kajaria Ceramics's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	5850	/	( ( (0 - 0)	+	(35429.1 - 6666.7) )	/ 1 )
	=	5850	/	( ( 0	+	28762.4 )	/ 1 )
	=	5850	/	28762.4
	=	20.34 %

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

Kajaria Ceramics (BOM:500233) 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.

Kajaria Ceramics ROCE % Related Terms

Thank you for viewing the detailed overview of Kajaria Ceramics's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kajaria Ceramics (BOM:500233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kajaria Ceramics Ltd (BOM:500233) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KAJARIACER:India

Address

Mathura Road, J-1/B-1 (Extn), Mohan Co-operative Industrial Estate, Opposite Badarpur Thermal Power Station, New Delhi, IND, 110044

Website

https://www.kajariaceramics.com

Kajaria Ceramics Ltd is a manufacturer of indoor floor and wand tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company operates in India, with production and the majority of sales focused in India.

Kajaria Ceramics (BOM:500233) Headlines

No Headlines