Nahar Capital & Financial Services (BOM:532952) ROCE % : 3.14% (As of Sep. 2024)

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What is Nahar Capital & Financial Services 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. Nahar Capital & Financial Services's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.14%.

Nahar Capital & Financial Services ROCE % Historical Data

The historical data trend for Nahar Capital & Financial Services'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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Nahar Capital & Financial Services ROCE % Chart

Nahar Capital & Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.45

8.57

22.47

6.03

0.98

Nahar Capital & Financial Services 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															1.41	0.13	2.06	5.23	3.14

Nahar Capital & Financial Services ROCE % Calculation

Nahar Capital & Financial Services'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 )
	=	151.008	/	( ( (16807.538 - 1491.538)	+	(16995.108 - 1499.193) )	/ 2 )
	=	151.008	/	( (15316	+	15495.915)	/ 2 )
	=	151.008	/	15405.9575
	=	0.98 %

Nahar Capital & Financial Services'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 )
	=	566.42	/	( ( (0 - 0)	+	(18095.196 - 39.017) )	/ 1 )
	=	566.42	/	( ( 0	+	18056.179 )	/ 1 )
	=	566.42	/	18056.179
	=	3.14 %

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

Nahar Capital & Financial Services (BOM:532952) 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.

Nahar Capital & Financial Services ROCE % Related Terms

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Nahar Capital & Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nahar Capital & Financial Services Ltd (BOM:532952) » Definitions » ROCE %

Comparable Companies

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NAHARCAP:India

Address

375, Industrial Area - A, Nahar Tower, Ludhiana, PB, IND, 141003

Website

http://www.owmnahar.com

Nahar Capital & Financial Services Ltd is a non-deposit non-banking financial service (NBFC) company. It is engaged in investment and financial activities. The company's segment includes Investment/Financial activity and Real estate activity. It generates maximum revenue from the Investment/Financial activity segment which consists of Long Term investment and Strategic Investments and Short Term Investment activities. The Company also makes investments in equity and debt securities, both in Primary and Secondary Market directly as well as through Mutual Funds, Portfolio Management Services, Alternative Investment Funds etc.

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