GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amara Raja Energy & Mobility Ltd (BOM:500008) » Definitions » ROCE %

Amara Raja Energy & Mobility (BOM:500008) ROCE % : 21.69% (As of Dec. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Amara Raja Energy & Mobility 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. Amara Raja Energy & Mobility's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.69%.


Amara Raja Energy & Mobility ROCE % Historical Data

The historical data trend for Amara Raja Energy & Mobility'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.

Amara Raja Energy & Mobility ROCE % Chart

Amara Raja Energy & Mobility Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.73 21.12 15.14 18.09 18.63

Amara Raja Energy & Mobility Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 23.67 17.39 18.98 17.08 21.69

Amara Raja Energy & Mobility ROCE % Calculation

Amara Raja Energy & Mobility's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=12795.5/( ( (79620.8 - 14782.4) + (89777.6 - 17250.6) )/ 2 )
=12795.5/( (64838.4+72527)/ 2 )
=12795.5/68682.7
=18.63 %

Amara Raja Energy & Mobility's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=16800.8/( ( (100401.2 - 22956.4) + (0 - 0) )/ 1 )
=16800.8/( ( 77444.8 + 0 )/ 1 )
=16800.8/77444.8
=21.69 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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.


Amara Raja Energy & Mobility  (BOM:500008) 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.


Amara Raja Energy & Mobility ROCE % Related Terms

Thank you for viewing the detailed overview of Amara Raja Energy & Mobility's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Amara Raja Energy & Mobility Business Description

Traded in Other Exchanges
Address
Terminal A, 1-18/1/AMR/NR, Nanakramguda Gachibowli, Hyderabad, TG, IND, 500032
Amara Raja Energy & Mobility Ltd is an India-based battery maker for both industrial and automotive applications in the Indian storage battery industry. It offers Li-ion cells, battery packs, and charging solutions for Light Electric Vehicles and the telecom industry. The company's reportable segments are; Lead acid and allied products, and Others. The majority of its revenue is generated from the Lead acid and allied products segment. The others segment includes predominantly the manufacture and sale of new energy business-related products. Geographically, the derives its key revenue from India and also exports its products to various other countries.

Amara Raja Energy & Mobility Headlines

No Headlines