Prabhhans Industries (BOM:530361) ROCE % : 25.83% (As of Dec. 2024)

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What is Prabhhans Industries 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. Prabhhans Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 25.83%.

Prabhhans Industries ROCE % Historical Data

The historical data trend for Prabhhans Industries'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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Prabhhans Industries ROCE % Chart

Prabhhans Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-4.97

-3.38

-0.40

33.36

30.94

Prabhhans Industries 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															32.21	43.42	39.28	29.43	25.83

Prabhhans Industries ROCE % Calculation

Prabhhans Industries'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 )
	=	21.936	/	( ( (212.117 - 151.647)	+	(287.686 - 206.373) )	/ 2 )
	=	21.936	/	( (60.47	+	81.313)	/ 2 )
	=	21.936	/	70.8915
	=	30.94 %

Prabhhans Industries'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 )
	=	35.608	/	( ( (336.325 - 198.493)	+	(0 - 0) )	/ 1 )
	=	35.608	/	( ( 137.832	+	0 )	/ 1 )
	=	35.608	/	137.832
	=	25.83 %

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

Prabhhans Industries (BOM:530361) 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.

Prabhhans Industries ROCE % Related Terms

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Prabhhans Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prabhhans Industries Ltd (BOM:530361) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karta Ram Gali Ghass Mandi, House No. 248, Chaura Bazar, Ludhiana, PB, IND, 141 008

Website

http://www.seagoldaqua.com

Prabhhans Industries Ltd formerly Sea Gold Infrastructure Ltd is engaged in Infrastructure activities in India.

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