Poddar Housing and Development (BOM:523628) ROCE % : 0.00% (As of Dec. 2023)

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What is Poddar Housing and Development 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. Poddar Housing and Development's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Poddar Housing and Development ROCE % Historical Data

The historical data trend for Poddar Housing and Development'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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Poddar Housing and Development ROCE % Chart

Poddar Housing and Development Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-0.93

-4.91

1.60

-1.47

-5.68

Poddar Housing and Development Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-5.45	1.03	-16.46	-1.16	-

Poddar Housing and Development ROCE % Calculation

Poddar Housing and Development's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-258.186	/	( ( (7179.709 - 2002.027)	+	(7544.523 - 3634.257) )	/ 2 )
	=	-258.186	/	( (5177.682	+	3910.266)	/ 2 )
	=	-258.186	/	4543.974
	=	-5.68 %

Poddar Housing and Development's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	40.292	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	40.292	/	( ( 0	+	0 )	/ 1 )
	=	40.292	/	0
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Poddar Housing and Development (BOM:523628) 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.

Poddar Housing and Development ROCE % Related Terms

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Poddar Housing and Development (BOM:523628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poddar Housing and Development Ltd (BOM:523628) » Definitions » ROCE %

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PODDARHOUS:India

Address

126, N.M. Joshi Marg, Poddar Group Building, Unit Number 3 and 5, Neeru Silk Mills, Mathuradas Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

http://www.poddarhousing.com

Poddar Housing and Development Ltd is engaged in the real estate business. It is involved in the construction, development and sale of the real estate segment. The company operates under various brands that are Poddar Svakam, Poddar Anantah, and Poddar Spraha. The sale of properties generate maximum revenue for the company. Its project consists of Samruddhi Evergreens, Samruddhi Complex, Poddar Svakam Vihar, and others. The company operates in the Indian region.

Poddar Housing and Development (BOM:523628) Headlines

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