Refex Renewables & Infrastructure (BOM:531260) ROCE % : 4.16% (As of Dec. 2024)

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What is Refex Renewables & Infrastructure 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. Refex Renewables & Infrastructure's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.16%.

Refex Renewables & Infrastructure ROCE % Historical Data

The historical data trend for Refex Renewables & Infrastructure'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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Refex Renewables & Infrastructure ROCE % Chart

Refex Renewables & Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-10.05

-9.64

-3.97

1.53

7.04

Refex Renewables & Infrastructure 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															5.35	4.00	4.35	0.78	4.16

Refex Renewables & Infrastructure ROCE % Calculation

Refex Renewables & Infrastructure'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 )
	=	330.216	/	( ( (6026.945 - 988.085)	+	(5101.304 - 754.991) )	/ 2 )
	=	330.216	/	( (5038.86	+	4346.313)	/ 2 )
	=	330.216	/	4692.5865
	=	7.04 %

Refex Renewables & Infrastructure'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 )
	=	173.2	/	( ( (5127.4 - 968.1)	+	(0 - 0) )	/ 1 )
	=	173.2	/	( ( 4159.3	+	0 )	/ 1 )
	=	173.2	/	4159.3
	=	4.16 %

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

Refex Renewables & Infrastructure (BOM:531260) 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.

Refex Renewables & Infrastructure ROCE % Related Terms

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Refex Renewables & Infrastructure Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Refex Renewables & Infrastructure Ltd (BOM:531260) » Definitions » ROCE %

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Address

Venkatanarayana Road, GroundFloor, Bascon Futura SV IT Park, New No: 10/2, Old No: 56L, T Nagar, Chennai, TN, IND, 600017

Website

https://www.refexrenewables.com

Refex Renewables & Infrastructure Ltd is engaged in the business of rendering engineering, procurement and construction services in respect of ground solar power plants, solar water pumps and home systems. . The company segment includes (i) Engineering, procurement and construction 'EPC-Rural' - Supply, installation, commissioning and maintenance of solar water pumps and home systems. (ii) Engineering, procurement and construction 'EPC-Commercial and Industrial (C&I)' - Supply, installation, commissioning and maintenance of ground solar power plants and Rooftop.

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