Indbank Merchant Banking Services (BOM:511473) ROCE % : 5.96% (As of Dec. 2024)

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What is Indbank Merchant Banking Services 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. Indbank Merchant Banking Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.96%.

Indbank Merchant Banking Services ROCE % Historical Data

The historical data trend for Indbank Merchant Banking Services'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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Indbank Merchant Banking Services ROCE % Chart

Indbank Merchant Banking Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.50

10.26

14.90

8.12

14.58

Indbank Merchant Banking Services 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															12.64	15.20	17.55	13.48	5.96

Indbank Merchant Banking Services ROCE % Calculation

Indbank Merchant Banking Services'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 )
	=	117.241	/	( ( (973.821 - 214.16)	+	(1063.395 - 214.293) )	/ 2 )
	=	117.241	/	( (759.661	+	849.102)	/ 2 )
	=	117.241	/	804.3815
	=	14.58 %

Indbank Merchant Banking Services'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 )
	=	77.752	/	( ( (1309.046 - 5.056)	+	(0 - 0) )	/ 1 )
	=	77.752	/	( ( 1303.99	+	0 )	/ 1 )
	=	77.752	/	1303.99
	=	5.96 %

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

Indbank Merchant Banking Services (BOM:511473) 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.

Indbank Merchant Banking Services ROCE % Related Terms

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Indbank Merchant Banking Services Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indbank Merchant Banking Services Ltd (BOM:511473) » Definitions » ROCE %

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INDBANK:India

Address

Number 480, Anna Salai, First Floor, Khivraj Complex 1, Nandanam, Chennai, TN, IND, 600 035

Website

https://www.indbankonline.com

Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.

Indbank Merchant Banking Services Headlines

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