KJMCorate Advisors (India) (BOM:532304) ROCE % : 2.58% (As of Mar. 2024)

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What is KJMCorate Advisors (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. KJMCorate Advisors (India)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 2.58%.

KJMCorate Advisors (India) ROCE % Historical Data

The historical data trend for KJMCorate Advisors (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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KJMCorate Advisors (India) ROCE % Chart

KJMCorate Advisors (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.89

-2.54

1.10

0.06

6.21

KJMCorate Advisors (India) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.19	6.69	7.18	8.14	2.58

KJMCorate Advisors (India) ROCE % Calculation

KJMCorate Advisors (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 )
	=	34.065	/	( ( (498.1 - 24.585)	+	(648.069 - 23.84) )	/ 2 )
	=	34.065	/	( (473.515	+	624.229)	/ 2 )
	=	34.065	/	548.872
	=	6.21 %

KJMCorate Advisors (India)'s ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	16.136	/	( ( (0 - 0)	+	(648.069 - 23.84) )	/ 1 )
	=	16.136	/	( ( 0	+	624.229 )	/ 1 )
	=	16.136	/	624.229
	=	2.58 %

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

KJMCorate Advisors (India) (BOM:532304) 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.

KJMCorate Advisors (India) ROCE % Related Terms

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KJMCorate Advisors (India) (BOM:532304) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KJMC Corporate Advisors (India) Ltd (BOM:532304) » Definitions » ROCE %

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Address

162, Atlanta, 16th Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.kjmcfinserv.com

KJMC Corporate Advisors (India) Ltd provides merchant banking services. The company is in the business of providing Corporate Advisory, Financial Advisory, Equity Valuation, and Investment Banking services It offers various services to the corporate sector which include merchant banking, mergers, and acquisition advisory services, syndication of funds, syndication of debt, and channel financing. The company operates with a single business segment of merchant banking operations in India. The company's revenue is generated from the Sale of Services, Brokerage and Depository Income, sale of Shares / Mutual Funds, Fair Value Changes, and Interest Income; the majority being from Brokerage and depository Income.

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