Bhatia Communications & Retail (India) (BOM:540956) ROCE % : 21.09% (As of Dec. 2023)

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What is Bhatia Communications & Retail (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. Bhatia Communications & Retail (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 21.09%.

Bhatia Communications & Retail (India) ROCE % Historical Data

The historical data trend for Bhatia Communications & Retail (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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Bhatia Communications & Retail (India) ROCE % Chart

Bhatia Communications & Retail (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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22.55

20.66

13.29

14.57

20.59

Bhatia Communications & Retail (India) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															27.42	18.87	31.75	19.30	21.09

Bhatia Communications & Retail (India) ROCE % Calculation

Bhatia Communications & Retail (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 )
	=	121.839	/	( ( (824.388 - 278.99)	+	(949.307 - 311.073) )	/ 2 )
	=	121.839	/	( (545.398	+	638.234)	/ 2 )
	=	121.839	/	591.816
	=	20.59 %

Bhatia Communications & Retail (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 )
	=	155.392	/	( ( (1085.085 - 348.134)	+	(0 - 0) )	/ 1 )
	=	155.392	/	( ( 736.951	+	0 )	/ 1 )
	=	155.392	/	736.951
	=	21.09 %

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

Bhatia Communications & Retail (India) (BOM:540956) 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.

Bhatia Communications & Retail (India) ROCE % Related Terms

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Bhatia Communications & Retail (India) (BOM:540956) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bhatia Communications & Retail (India) Ltd (BOM:540956) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Ring Road, 132, Dr. Ambedkar Shopping Centre, Surat, GJ, IND, 395002

Website

https://www.bhatiamobile.com

Bhatia Communications & Retail (India) Ltd is the distributor of mobile handsets and accessories. The firm is engaged in the retail and wholesale distribution of mobile handsets, tablets, data cards and mobile accessories through retail and franchised stores. The business segment includes: It is a growth-oriented company selling multi-product brands that also operates under stores and sells electronic appliances such as television, refrigerators, air conditioners, coolers, washing machines, and microwaves. Bhatia Communications markets and sells its product under the brands: Apple iPhone, Samsung, OPPO, VIVO, etc. Substantial revenue accrues from owned retail stores. It also offers technical expertise and guide to customers to buy the right product as per their needs.

Bhatia Communications & Retail (India) (BOM:540956) Headlines

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