Challani Capital (BOM:530747) ROCE %

: 5.67% (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

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. Challani Capital's annualized ROCE % for the quarter that ended in Sep. 2023 was 5.67%.

Challani Capital ROCE % Historical Data

The historical data trend for Challani Capital'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.

Challani Capital Annual Data

Trend

Mar13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-17.08

-7.69

-3.28

27.47

0.08

Challani Capital Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																3.24	4.18	-0.55	1.42	5.67

Challani Capital ROCE % Calculation

Challani Capital'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 )
	=	0.041	/	( ( (46.504 - 0.517)	+	(60.594 - 0.275) )	/ 2 )
	=	0.041	/	( (45.987	+	60.319)	/ 2 )
	=	0.041	/	53.153
	=	0.08 %

Challani Capital's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	3.532	/	( ( (60.78 - 0.002)	+	(63.718 - 0.019) )	/ 2 )
	=	3.532	/	( ( 60.778	+	63.699 )	/ 2 )
	=	3.532	/	62.2385
	=	5.67 %

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

Challani Capital (BOM:530747) 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.

Challani Capital ROCE % Related Terms

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

Challani Capital (BOM:530747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Challani Capital Ltd (BOM:530747) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, New Giri Road, Off. G.N. Chetty Road, Opposite Hotel Accord, T. Nagar, Chennai, TN, IND, 600017

Website

http://www.indoasiafinance.com

Challani Capital Ltd Formerly Indo Asia Finance Ltd is a non-banking finance corporation operating in India. The company also provides services like heavy-duty trucks, pickup trucks, and medium, intermediate, and light-duty trucks. It operates in a single segment which is financing.

Challani Capital (BOM:530747) Headlines

No Headlines