Natraj Proteins (BOM:530119) ROCE % : -12.35% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Natraj Proteins 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. Natraj Proteins's annualized ROCE % for the quarter that ended in Dec. 2023 was -12.35%.

Natraj Proteins ROCE % Historical Data

The historical data trend for Natraj Proteins'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.

Natraj Proteins ROCE % Chart

Natraj Proteins Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

15.07

10.27

7.41

32.08

5.47

Natraj Proteins Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.18	8.01	-44.11	-50.57	-12.35

Natraj Proteins ROCE % Calculation

Natraj Proteins'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 )
	=	27.1	/	( ( (757.869 - 263.695)	+	(891.092 - 394.878) )	/ 2 )
	=	27.1	/	( (494.174	+	496.214)	/ 2 )
	=	27.1	/	495.194
	=	5.47 %

Natraj Proteins's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-46.916	/	( ( (565.194 - 185.279)	+	(0 - 0) )	/ 1 )
	=	-46.916	/	( ( 379.915	+	0 )	/ 1 )
	=	-46.916	/	379.915
	=	-12.35 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Natraj Proteins (BOM:530119) 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.

Natraj Proteins ROCE % Related Terms

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

Natraj Proteins (BOM:530119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natraj Proteins Ltd (BOM:530119) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Nagpur Kalan, Ordinance Factory Road, District Hoshangabad, Itarsi, MP, IND, 461111

Website

https://www.natrajproteins.com

Natraj Proteins Ltd is in the business of processing oil seeds and refining soya crude oil for edible use. The company also produces oil meals, food products from the soya, and value-added products. It is also engaged in the trading of cereals like Rice, Wheat, Tuar Dall, Maize, Moong Dall, Gram, Mustard, and the trading of Agri equipment.

Natraj Proteins (BOM:530119) Headlines

No Headlines