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NBCC India (NSE:NBCC) ROCE % : 23.14% (As of Dec. 2023)


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What is NBCC 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. NBCC India's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.14%.


NBCC India ROCE % Historical Data

The historical data trend for NBCC 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.

* Premium members only.

NBCC India ROCE % Chart

NBCC India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.42 27.72 23.95 13.88 15.09

NBCC India 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.02 23.52 16.18 15.91 23.14

NBCC India ROCE % Calculation

NBCC India'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 )
=3733.811/( ( (134438.484 - 110617.333) + (128789.251 - 103125.505) )/ 2 )
=3733.811/( (23821.151+25663.746)/ 2 )
=3733.811/24742.4485
=15.09 %

NBCC India'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 )
=6094.512/( ( (122263.556 - 95920.962) + (0 - 0) )/ 1 )
=6094.512/( ( 26342.594 + 0 )/ 1 )
=6094.512/26342.594
=23.14 %

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

* 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.


NBCC India  (NSE:NBCC) 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.


NBCC India ROCE % Related Terms

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NBCC India (NSE:NBCC) Business Description

Traded in Other Exchanges
Address
Lodhi Road, NBCC Bhawan, New Delhi, IND, 110003
NBCC India Ltd is engaged in the urban and regional development sector. The operating segment includes Project Management Consultancy which offers management and consultancy services for civil construction projects, Real Estate Development which focuses on residential and commercial projects and Engineering Procurement, and Construction segment which covers chimneys, cooling towers, roads, water and sewage treatment plants. Business activity of the company functions through India and it derives the majority of its revenue from the Project Management Consultancy segment.

NBCC India (NSE:NBCC) Headlines