Manjeera Constructions (BOM:533078) ROCE % : 9.90% (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Manjeera Constructions 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. Manjeera Constructions's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.90%.

Manjeera Constructions ROCE % Historical Data

The historical data trend for Manjeera Constructions'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.

Manjeera Constructions ROCE % Chart

Manjeera Constructions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.72

0.36

0.25

2.72

-0.95

Manjeera Constructions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.05	-3.46	-4.82	3.86	9.90

Manjeera Constructions ROCE % Calculation

Manjeera Constructions's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-33.402	/	( ( (6812.628 - 2326.377)	+	(6839.385 - 4310.921) )	/ 2 )
	=	-33.402	/	( (4486.251	+	2528.464)	/ 2 )
	=	-33.402	/	3507.3575
	=	-0.95 %

Manjeera Constructions's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	257.964	/	( ( (6915.782 - 4340.71)	+	(6998.718 - 4361.064) )	/ 2 )
	=	257.964	/	( ( 2575.072	+	2637.654 )	/ 2 )
	=	257.964	/	2606.363
	=	9.90 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Manjeera Constructions (BOM:533078) 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.

Manjeera Constructions ROCE % Related Terms

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

Manjeera Constructions (BOM:533078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Manjeera Constructions Ltd (BOM:533078) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

JNTU-Hitech City Road, KPHB, No. 711, Manjeera Trinity Corporate, Beside Manjeera Mall, Kukatpally, Hyderabad, TG, IND, 500072

Website

https://www.manjeera.com

Manjeera Constructions Ltd is engaged in property development, civil construction contracts, infrastructure project development, and Windmill Energy Production. It operates through the Real estate, and Sub Contracted Contractual business, Its residential projects include Manjeera casa, Manjeera Tuscany, Manjeera NewYork and Manjeera Blue. Its commercial projects include Aditya Trade Centre, Manjeera Trinity Corporate, Manjeera Platina and Manjeera Majestic Commercial. Its retail Project Includes Manjeera Mall . Its Hospitality Project include Aditya Park, Aditya Hometel, Radisson Hotel, Majeera Sarovar and Manjeera convention centre. The real Estate segment generates the majority of revenue.

Manjeera Constructions (BOM:533078) Headlines

No Headlines