Surya Roshni (BOM:500336) ROCE % : 21.06% (As of Dec. 2024)

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What is Surya Roshni 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. Surya Roshni's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.06%.

Surya Roshni ROCE % Historical Data

The historical data trend for Surya Roshni'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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Surya Roshni ROCE % Chart

Surya Roshni Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.26

16.53

19.28

26.76

22.03

Surya Roshni 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															24.55	24.88	22.58	8.81	21.06

Surya Roshni ROCE % Calculation

Surya Roshni'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 )
	=	4668.9	/	( ( (30571.7 - 10880.6)	+	(29217.3 - 6520.1) )	/ 2 )
	=	4668.9	/	( (19691.1	+	22697.2)	/ 2 )
	=	4668.9	/	21194.15
	=	22.03 %

Surya Roshni'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 )
	=	5011.2	/	( ( (29702.9 - 5906.6)	+	(0 - 0) )	/ 1 )
	=	5011.2	/	( ( 23796.3	+	0 )	/ 1 )
	=	5011.2	/	23796.3
	=	21.06 %

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

Surya Roshni (BOM:500336) 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.

Surya Roshni ROCE % Related Terms

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Surya Roshni Business Description

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SURYAROSNI:India

Address

5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008

Website

https://www.surya.co.in

Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips, and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international markets.

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