RailTel of India (BOM:543265) ROCE % : 21.57% (As of Mar. 2024)

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What is RailTel of India 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. RailTel of India's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.57%.

RailTel of India ROCE % Historical Data

The historical data trend for RailTel of India'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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RailTel of India ROCE % Chart

RailTel of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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13.16

13.12

17.70

14.80

17.65

RailTel of India Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															10.37	22.52	19.56	17.85	21.57

RailTel of India ROCE % Calculation

RailTel of India'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 )
	=	3338	/	( ( (33391.4 - 15124.4)	+	(40495.8 - 20938.5) )	/ 2 )
	=	3338	/	( (18267	+	19557.3)	/ 2 )
	=	3338	/	18912.15
	=	17.65 %

RailTel of India'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 )
	=	4217.6	/	( ( (0 - 0)	+	(40495.8 - 20938.5) )	/ 1 )
	=	4217.6	/	( ( 0	+	19557.3 )	/ 1 )
	=	4217.6	/	19557.3
	=	21.57 %

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

RailTel of India (BOM:543265) 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.

RailTel of India ROCE % Related Terms

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RailTel of India (BOM:543265) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » RailTel Corporation of India Ltd (BOM:543265) » Definitions » ROCE %

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RAILTEL:India

Address

Tower-2, East Kidwai Nagar, Plate - A, 6th Floor, Office Block, South Delhi, New Delhi, IND, 110023

Website

https://www.railtelindia.com

RailTel Corporation of India Ltd is a neutral telecom infrastructure provider in the country. It owns a pan-India optic fiber network on an exclusive Right of Way along the Railway track. The company's operating segment includes Telecom Services and Project Work services. It generates maximum revenue from the Telecom Services segment. The telecom services segment of the company provides services such as Managed Data Services; Leased Lines; Virtual Private Networks; Internet Leased Lines; Data Centre; Tower collocation and others; and the project work services involve the following projects; National Optical Fiber Networks, Telecom and IT services related projects, and Enterprise specific IT & ITES Projects.

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