Nimbus Projects (BOM:511714) ROCE % : -21.16% (As of Dec. 2024)

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What is Nimbus Projects 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. Nimbus Projects's annualized ROCE % for the quarter that ended in Dec. 2024 was -21.16%.

Nimbus Projects ROCE % Historical Data

The historical data trend for Nimbus Projects'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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Nimbus Projects ROCE % Chart

Nimbus Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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23.22

-26.40

18.65

22.01

1.53

Nimbus Projects 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															-6.41	8.56	-32.73	67.72	-21.16

Nimbus Projects ROCE % Calculation

Nimbus Projects'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 )
	=	18.264	/	( ( (1171.188 - 21.046)	+	(1271.132 - 41.452) )	/ 2 )
	=	18.264	/	( (1150.142	+	1229.68)	/ 2 )
	=	18.264	/	1189.911
	=	1.53 %

Nimbus Projects'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 )
	=	-363.828	/	( ( (1810.189 - 90.686)	+	(0 - 0) )	/ 1 )
	=	-363.828	/	( ( 1719.503	+	0 )	/ 1 )
	=	-363.828	/	1719.503
	=	-21.16 %

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

Nimbus Projects (BOM:511714) 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.

Nimbus Projects ROCE % Related Terms

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Nimbus Projects Business Description

Industry

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Traded in Other Exchanges

N/A

Address

23, Barakhamba Road, 1001-1006, 10th Floor Narain Manzil, New Delhi, IND, 110001

Website

https://www.nimbusprojectsltd.com

Nimbus Projects Ltd is engaged in the construction of residential flats through Special Purpose Vehicles (SPVs) and these SPVs have been allotted plots of land on long term lease, under Builders Residential Scheme (BRS) of the New Okhla Industrial Development Authority (NOIDA), Greater Noida Industrial Development Authority (GNIDA) and Yamuna Expressway Authority (YEA). The projects developed by the company include Express Park View- I, The Hyde Park, The Golden Palms, The Express Park View II, and Nimbus The Palm Village. The company generates the majority of its revenue from the sale of residential property/plot/flat, followed by income from renting services.

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