Indiabulls Real Estate (BOM:532832) ROCE % : -37.21% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Indiabulls Real Estate 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. Indiabulls Real Estate's annualized ROCE % for the quarter that ended in Mar. 2024 was -37.21%.

Indiabulls Real Estate ROCE % Historical Data

The historical data trend for Indiabulls Real Estate'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.

Indiabulls Real Estate ROCE % Chart

Indiabulls Real Estate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

14.99

6.86

2.06

-13.41

-28.06

Indiabulls Real Estate 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															-37.06	-67.39	-1.65	-2.93	-37.21

Indiabulls Real Estate ROCE % Calculation

Indiabulls Real Estate'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 )
	=	-10135.5	/	( ( (65074.3 - 24938.9)	+	(58474 - 26359.6) )	/ 2 )
	=	-10135.5	/	( (40135.4	+	32114.4)	/ 2 )
	=	-10135.5	/	36124.9
	=	-28.06 %

Indiabulls Real Estate'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 )
	=	-11950.4	/	( ( (0 - 0)	+	(58474 - 26359.6) )	/ 1 )
	=	-11950.4	/	( ( 0	+	32114.4 )	/ 1 )
	=	-11950.4	/	32114.4
	=	-37.21 %

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

Indiabulls Real Estate (BOM:532832) 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.

Indiabulls Real Estate ROCE % Related Terms

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

Indiabulls Real Estate (BOM:532832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Indiabulls Real Estate Ltd (BOM:532832) » Definitions » ROCE %

Traded in Other Exchanges

IBREALEST:India

Address

Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030

Website

https://www.indiabullsrealestate.com

Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Indiabulls Real Estate (BOM:532832) Headlines

No Headlines