Kolte-Patil Developers (BOM:532924) ROCE % : -8.68% (As of Mar. 2024)

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What is Kolte-Patil Developers 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. Kolte-Patil Developers's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.68%.

Kolte-Patil Developers ROCE % Historical Data

The historical data trend for Kolte-Patil Developers'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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Kolte-Patil Developers ROCE % Chart

Kolte-Patil Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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18.45

4.34

13.82

14.76

2.07

Kolte-Patil Developers 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															46.80	24.85	-1.78	-8.64	-8.68

Kolte-Patil Developers ROCE % Calculation

Kolte-Patil Developers'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 )
	=	269.9	/	( ( (42201.7 - 26983.2)	+	(49473.5 - 38580.1) )	/ 2 )
	=	269.9	/	( (15218.5	+	10893.4)	/ 2 )
	=	269.9	/	13055.95
	=	2.07 %

Kolte-Patil Developers'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 )
	=	-945.6	/	( ( (0 - 0)	+	(49473.5 - 38580.1) )	/ 1 )
	=	-945.6	/	( ( 0	+	10893.4 )	/ 1 )
	=	-945.6	/	10893.4
	=	-8.68 %

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

Kolte-Patil Developers (BOM:532924) 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.

Kolte-Patil Developers ROCE % Related Terms

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Kolte-Patil Developers (BOM:532924) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kolte-Patil Developers Ltd (BOM:532924) » Definitions » ROCE %

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KOLTEPATIL:India

Address

Dhole Patil Road, 2nd Floor, City Point, Pune, MH, IND, 411001

Website

https://www.koltepatil.com

Kolte-Patil Developers Ltd is a real estate company. It is engaged in the construction of residential, commercial, IT Parks, and integrated townships. The company is also engaged in renting immovable properties and providing project management services for managing and developing real estate projects. Some of its projects include Life Republic, Ivy Estate, Green Olive, Tuskan Parkland, etc. The company operates in one geographical segment which is within India.

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