#ROCE
In FY25, the ROCE improved to 20.2% led by increase in PBIT. Capital employed increased to ~₹2,966 cr because of increase in reserve. Return on capital employed from FY15 to FY18 had declined because of slow growth in PBIT due to stagnant sales and an increase in capital employed. In FY19, it reported the highest ROCE of 45.7% because of the increase in PBIT driven by scale benefit and pricing power in ATBS. The company has been able to maintain a long-term relationship with its clients (such as BASF Corporation, Mitsubishi Corporation, Dow Chemicals among others) over the years. It enters into long term supply contracts with its customers, for its two primary products IBB and ATBS.
1August 31, 2026 1K
