Lakshmi Electrical Control Systems (BOM:504258) ROCE % : 0.34% (As of Dec. 2024)

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What is Lakshmi Electrical Control Systems 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. Lakshmi Electrical Control Systems's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.34%.

Lakshmi Electrical Control Systems ROCE % Historical Data

The historical data trend for Lakshmi Electrical Control Systems'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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Lakshmi Electrical Control Systems ROCE % Chart

Lakshmi Electrical Control Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.61

1.70

10.53

12.05

7.26

Lakshmi Electrical Control Systems 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															3.77	4.00	1.33	1.47	0.34

Lakshmi Electrical Control Systems ROCE % Calculation

Lakshmi Electrical Control Systems'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 )
	=	194.445	/	( ( (3100.149 - 702.062)	+	(3370.72 - 414.826) )	/ 2 )
	=	194.445	/	( (2398.087	+	2955.894)	/ 2 )
	=	194.445	/	2676.9905
	=	7.26 %

Lakshmi Electrical Control Systems'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 )
	=	10.884	/	( ( (3744.903 - 518.66)	+	(0 - 0) )	/ 1 )
	=	10.884	/	( ( 3226.243	+	0 )	/ 1 )
	=	10.884	/	3226.243
	=	0.34 %

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

Lakshmi Electrical Control Systems (BOM:504258) 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.

Lakshmi Electrical Control Systems ROCE % Related Terms

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Lakshmi Electrical Control Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lakshmi Electrical Control Systems Ltd (BOM:504258) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Arasur, Coimbatore, TN, IND, 641 407

Website

https://www.lecsindia.com

Lakshmi Electrical Control Systems Ltd is engaged in the manufacturing and selling of control panels and plastic components. The company's operating segment includes Electricals, Plastics, and Wind power generation. It generates maximum revenue from the Electricals segment. The company manufactures control panels for various industrial applications such as Textile Machinery, Machine Tools, Automatic Power Factor Correction (APFC), Energy Saver, Compressors, Variable Frequency Drive (VFD) Panels, Motor Control Center (MCC), Medium Voltage (MV) and Low Voltage (LV) Control Panels and others.

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