Diamond Power Infrastructure (BOM:522163) ROCE % : -0.91% (As of Dec. 2023)

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What is Diamond Power Infrastructure 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. Diamond Power Infrastructure's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.91%.

Diamond Power Infrastructure ROCE % Historical Data

The historical data trend for Diamond Power Infrastructure'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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Diamond Power Infrastructure ROCE % Chart

Diamond Power Infrastructure Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar21

Mar22

Mar23

ROCE %

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-5.59

-36.20

-3.32

-10.13

Diamond Power Infrastructure Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.54	-4.42	-3.88	1.33	-0.91

Diamond Power Infrastructure ROCE % Calculation

Diamond Power Infrastructure'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 )
	=	-422.747	/	( ( (19799.641 - 25088.506)	+	(14068.155 - 433.242) )	/ 2 )
	=	-422.747	/	( (-5288.865	+	13634.913)	/ 2 )
	=	-422.747	/	4173.024
	=	-10.13 %

Diamond Power Infrastructure'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 )
	=	-125.888	/	( ( (14569.508 - 689.796)	+	(0 - 0) )	/ 1 )
	=	-125.888	/	( ( 13879.712	+	0 )	/ 1 )
	=	-125.888	/	13879.712
	=	-0.91 %

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

Diamond Power Infrastructure (BOM:522163) 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.

Diamond Power Infrastructure ROCE % Related Terms

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Diamond Power Infrastructure (BOM:522163) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Diamond Power Infrastructure Ltd (BOM:522163) » Definitions » ROCE %

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DIACABS:India

Address

Corporate Road, PALLADIUM, A-2, 12th Floor, Behind Divya Bhaskar Press, Prahladnagar, Ahmedabad, GJ, IND, 380015

Website

https://www.dicabs.com

Diamond Power Infrastructure Ltd is a manufacturer of power transmission equipment and a turnkey service, provider. The firm produces flexible wires and cables of various voltage grades, conductors, transformers, transmission towers, control, and relay panels, isolators, and engineering, procurement, and construction. The conductors include aluminum conductors, all aluminum alloy conductors, aluminum conductor steel reinforced, aluminum conductor alloy reinforced, and high conductivity alloy conductors. The existing capacities of the firm are in aluminum and alloy rods, alloy, and aluminum conductor steel-reinforced conductors, high tension cable and specialty cables, and power transformers.

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