Prajay Engineers Syndicate (BOM:531746) ROCE % : 0.00% (As of Dec. 2023)

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What is Prajay Engineers Syndicate 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. Prajay Engineers Syndicate's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Prajay Engineers Syndicate ROCE % Historical Data

The historical data trend for Prajay Engineers Syndicate'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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Prajay Engineers Syndicate ROCE % Chart

Prajay Engineers Syndicate Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-0.03

0.06

0.20

0.40

-0.74

Prajay Engineers Syndicate 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															-2.02	0.68	-0.66	-	-

Prajay Engineers Syndicate ROCE % Calculation

Prajay Engineers Syndicate'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 )
	=	-53.886	/	( ( (11527.464 - 4194.401)	+	(9426.498 - 2163.046) )	/ 2 )
	=	-53.886	/	( (7333.063	+	7263.452)	/ 2 )
	=	-53.886	/	7298.2575
	=	-0.74 %

Prajay Engineers Syndicate'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 )
	=	-269.768	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	-269.768	/	( ( 0	+	0 )	/ 1 )
	=	-269.768	/	0
	=	0 %

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

Prajay Engineers Syndicate (BOM:531746) 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.

Prajay Engineers Syndicate ROCE % Related Terms

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Prajay Engineers Syndicate (BOM:531746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prajay Engineers Syndicate Ltd (BOM:531746) » Definitions » ROCE %

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PRAENG:India

Address

Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016

Website

http://www.prajayengineers.com

Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and Resorts Segment (HR) is into upkeep and maintenance of Hotels, Restaurants, and Resorts. Geographically, it operates only in India.

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