Vindhya Telelinks (BOM:517015) ROCE % : 13.23% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Vindhya Telelinks 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. Vindhya Telelinks's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.23%.

Vindhya Telelinks ROCE % Historical Data

The historical data trend for Vindhya Telelinks'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.

Vindhya Telelinks ROCE % Chart

Vindhya Telelinks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

14.89

11.91

8.00

7.42

9.67

Vindhya Telelinks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															14.52	8.78	6.81	9.48	13.23

Vindhya Telelinks ROCE % Calculation

Vindhya Telelinks'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 )
	=	4647.609	/	( ( (60684.435 - 15753.598)	+	(67869.161 - 16724.925) )	/ 2 )
	=	4647.609	/	( (44930.837	+	51144.236)	/ 2 )
	=	4647.609	/	48037.5365
	=	9.67 %

Vindhya Telelinks's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	6767.092	/	( ( (0 - 0)	+	(67869.161 - 16724.925) )	/ 1 )
	=	6767.092	/	( ( 0	+	51144.236 )	/ 1 )
	=	6767.092	/	51144.236
	=	13.23 %

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

Vindhya Telelinks (BOM:517015) 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.

Vindhya Telelinks ROCE % Related Terms

Thank you for viewing the detailed overview of Vindhya Telelinks's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vindhya Telelinks (BOM:517015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vindhya Telelinks Ltd (BOM:517015) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VINDHYATEL:India

Address

Radisson Hotel National Highyway-8, 2nd Floor, Wing-B Commercial Plaza, Mahipalpur, New Delhi, IND, 110037

Website

https://www.vtlrewa.com

Vindhya Telelinks Ltd is engaged in the manufacturing and sale of cables as well as turnkey contracts and services business. The company's operating segment includes Cable and EPC (Engineering, Procurement and Construction). It generates maximum revenue from the EPC segment. EPC segment undertakes and executes contracts or provides infrastructure related services with or without materials. Geographically, it derives a majority of its revenue from India. The company derives revenue from goods and services such as Construction Contracts, Indefeasible Right of Usage (IRU), and Operation and Maintenance Services.

Vindhya Telelinks (BOM:517015) Headlines

No Headlines