Sanghvi Movers (BOM:530073) ROCE % : 15.99% (As of Dec. 2024)

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What is Sanghvi Movers 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. Sanghvi Movers's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.99%.

Sanghvi Movers ROCE % Historical Data

The historical data trend for Sanghvi Movers'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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Sanghvi Movers ROCE % Chart

Sanghvi Movers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.71

-0.62

6.29

17.64

25.00

Sanghvi Movers 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															30.55	22.38	20.19	14.98	15.99

Sanghvi Movers ROCE % Calculation

Sanghvi Movers'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 )
	=	2754.157	/	( ( (11207.098 - 1386.186)	+	(14244.627 - 2029.618) )	/ 2 )
	=	2754.157	/	( (9820.912	+	12215.009)	/ 2 )
	=	2754.157	/	11017.9605
	=	25.00 %

Sanghvi Movers'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 )
	=	2040.984	/	( ( (15130.912 - 2365.919)	+	(0 - 0) )	/ 1 )
	=	2040.984	/	( ( 12764.993	+	0 )	/ 1 )
	=	2040.984	/	12764.993
	=	15.99 %

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

Sanghvi Movers (BOM:530073) 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.

Sanghvi Movers ROCE % Related Terms

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Sanghvi Movers Business Description

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SANGHVIMOV:India

Address

Survey No. 92, Tathawade, Taluka Mulshi, Pune, MH, IND, 411033

Website

https://www.sanghvicranes.com

Sanghvi Movers Ltd operates as a crane rental company in India. The company is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure and core sector areas with a fleet of medium to large-size hydraulic truck-mounted telescopic and lattice boom cranes. The company generates its revenue by providing cranes, trailers on hire, and other ancillary services within India. It provides services to turnkey projects, providing well-maintained equipment, technical services, and skilled manpower.

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