Transformers & Rectifiers (India) (BOM:532928) ROCE % : 25.08% (As of Jun. 2024)

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What is Transformers & Rectifiers (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. Transformers & Rectifiers (India)'s annualized ROCE % for the quarter that ended in Jun. 2024 was 25.08%.

Transformers & Rectifiers (India) ROCE % Historical Data

The historical data trend for Transformers & Rectifiers (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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Transformers & Rectifiers (India) ROCE % Chart

Transformers & Rectifiers (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.45

11.71

12.99

20.59

18.56

Transformers & Rectifiers (India) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-0.02	12.71	29.57	34.90	25.08

Transformers & Rectifiers (India) ROCE % Calculation

Transformers & Rectifiers (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 )
	=	1026.97	/	( ( (11856.815 - 7076.869)	+	(11683.026 - 5393.69) )	/ 2 )
	=	1026.97	/	( (4779.946	+	6289.336)	/ 2 )
	=	1026.97	/	5534.641
	=	18.56 %

Transformers & Rectifiers (India)'s ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	1577.6	/	( ( (11683.026 - 5393.69)	+	(0 - 0) )	/ 1 )
	=	1577.6	/	( ( 6289.336	+	0 )	/ 1 )
	=	1577.6	/	6289.336
	=	25.08 %

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

Transformers & Rectifiers (India) (BOM:532928) 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.

Transformers & Rectifiers (India) ROCE % Related Terms

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Transformers & Rectifiers (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Transformers & Rectifiers (India) Ltd (BOM:532928) » Definitions » ROCE %

Traded in Other Exchanges

TRIL:India

Address

Survey No. 427 P/3-4 and 431 P/1-2, Sarkhej-Bavla Highway, Village Moraiya, Taluka Sanand, Ahmedabad, GJ, IND, 382 213

Website

http://www.transformerindia.com

Transformers & Rectifiers (India) Ltd is a holding company that manufactures a range of transformers and rectifiers. The firm's products are Power Transformers, which include generator transformers, unit auxiliary transformers, station auxiliary transformers, and trackside transformers for railways; Distribution Transformers, which include step-down transformers, step-up transformers, and energy-efficient transformers; Rectifier Transformers, which include six pulse transformers with interphase transformer (IPT) and 12 pulse with IPT; Furnace Transformers, Specialty Transformers, which include testing transformers and transformers having multiple secondaries, and Reactors, which include shunt and series reactors.

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