Dhani Services (BOM:532960) ROCE % : -0.61% (As of Dec. 2024)

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What is Dhani 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. Dhani Services's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.61%.

Dhani Services ROCE % Historical Data

The historical data trend for Dhani 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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Dhani Services ROCE % Chart

Dhani Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.36

-0.16

-11.58

-8.00

-6.71

Dhani Services Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-4.71	-9.94	-3.91	-0.06	-0.61

Dhani Services ROCE % Calculation

Dhani 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 )
	=	-2935.63	/	( ( (53182.607 - 6216.999)	+	(45231.244 - 4760.383) )	/ 2 )
	=	-2935.63	/	( (46965.608	+	40470.861)	/ 2 )
	=	-2935.63	/	43718.2345
	=	-6.71 %

Dhani Services's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-223.648	/	( ( (37599.313 - 820.783)	+	(0 - 0) )	/ 1 )
	=	-223.648	/	( ( 36778.53	+	0 )	/ 1 )
	=	-223.648	/	36778.53
	=	-0.61 %

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

Dhani Services (BOM:532960) 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.

Dhani Services ROCE % Related Terms

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Dhani Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dhani Services Ltd (BOM:532960) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DHANI:India

Address

Udyog Vihar, Phase 1, 5th Floor, Plot No. 108, IT Park, Industrial Complex Dundahera, Gurgaon, HR, IND, 122016

Website

https://www.dhani.com

Dhani Services Ltd along with its subsidiaries is engaged in various business segments such as Broking and Related activities, Financing, Digital wallet services and related activities, E-Commerce and Related activities, Asset Reconstruction and Related activities, Real Estate development and related activities, and Others. The maximum revenue for the company is generated from its Financing, Digital wallets and related activities segment which includes its business of financing loans and other ancillary services. Geographically, the company derives a majority of its revenue within India.

Dhani Services Headlines

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