Oriental Rail Infrastructure (BOM:531859) ROCE % : 19.72% (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Oriental Rail 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. Oriental Rail Infrastructure's annualized ROCE % for the quarter that ended in Sep. 2024 was 19.72%.

Oriental Rail Infrastructure ROCE % Historical Data

The historical data trend for Oriental Rail 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.

* Premium members only.

Oriental Rail Infrastructure ROCE % Chart

Oriental Rail Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

25.83

15.80

13.11

8.08

18.27

Oriental Rail Infrastructure Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															22.32	32.14	9.57	12.12	19.72

Oriental Rail Infrastructure ROCE % Calculation

Oriental Rail 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 )
	=	595.274	/	( ( (4776.482 - 2319.531)	+	(6463.149 - 2403.72) )	/ 2 )
	=	595.274	/	( (2456.951	+	4059.429)	/ 2 )
	=	595.274	/	3258.19
	=	18.27 %

Oriental Rail Infrastructure's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	816.916	/	( ( (0 - 0)	+	(6717.996 - 2574.682) )	/ 1 )
	=	816.916	/	( ( 0	+	4143.314 )	/ 1 )
	=	816.916	/	4143.314
	=	19.72 %

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

Oriental Rail Infrastructure (BOM:531859) 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.

Oriental Rail Infrastructure ROCE % Related Terms

Thank you for viewing the detailed overview of Oriental Rail Infrastructure's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Oriental Rail Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Oriental Rail Infrastructure Ltd (BOM:531859) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Mascarenhas Road, Mazgaon, Mumbai, MH, IND, 400010

Website

https://www.orientalrail.com

Oriental Rail Infrastructure Ltd is involved in the manufacturing of wood-based resin-impregnated densified laminated boards. It is engaged in the manufacturing, buying, and selling of various types of Recron, Seat and Bearth, and Coompreg Boards. It is also involved in trading timber woods, ferrous and non-ferrous metals, casting tools, slabs, rods, section flats, and other ferrous and non-ferrous products. The company caters to both Indian and international markets.

Oriental Rail Infrastructure Headlines

No Headlines