IIRM Holdings India (BOM:526530) ROCE % : 15.39% (As of Dec. 2024)

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What is IIRM Holdings India 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. IIRM Holdings India's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.39%.

IIRM Holdings India ROCE % Historical Data

The historical data trend for IIRM Holdings India'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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IIRM Holdings India ROCE % Chart

IIRM Holdings India Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

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Mar24

ROCE %

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57.34

IIRM Holdings India 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															280.49	111.20	42.24	28.39	15.39

IIRM Holdings India ROCE % Calculation

IIRM Holdings India'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 )
	=	344.741	/	( ( (3.435 - 6.248)	+	(1562.213 - 356.983) )	/ 2 )
	=	344.741	/	( (-2.813	+	1205.23)	/ 2 )
	=	344.741	/	601.2085
	=	57.34 %

IIRM Holdings India'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 )
	=	214.488	/	( ( (1857.34 - 463.395)	+	(0 - 0) )	/ 1 )
	=	214.488	/	( ( 1393.945	+	0 )	/ 1 )
	=	214.488	/	1393.945
	=	15.39 %

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

IIRM Holdings India (BOM:526530) 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.

IIRM Holdings India ROCE % Related Terms

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IIRM Holdings India Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IIRM Holdings India Ltd (BOM:526530) » Definitions » ROCE %

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Address

Sardar Patel Road, 5th Floor, Ashoka My Home Chambers, Sindhi Colony, Begumpet, Secunderabad, Hyderabad, TG, IND, 500003

Website

https://www.iirmholdings.in

IIRM Holdings India Ltd invests in various group companies involved in insurance distribution, wellness services, and insurance staffing and skill development services. The group comprises approximately 7 companies, each specializing in a different area within this spectrum of services. Together with its Subsidiaries and Associates engaged in Insurance Distribution are Regulated by the respective Regulators in their respective Geographies. The Group currently operates in India, Singapore, Sri Lanka, Maldives and Kenya through entities in respective countries.

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