Manjeera Constructions (BOM:533078) ROCE %: 9.95% (As of Sep. 2024)


BOM:533078 Manjeera Constructions Ltd BOM:533078
4 GF Score
Price ₹36.00
View Full Analysis

What is Manjeera Constructions ROCE %?

Manjeera Constructions BOM:533078 4 ROCE % is 9.95% as of Sep. 2024. GuruFocus rates BOM:533078 with a GF Score™ of 4/100.

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 Sep. 2024 was 9.95%.

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

Manjeera Constructions ROCE % Historical Data

* Premium members only.

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.

Manjeera Constructions ROCE % Chart

Manjeera Constructions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.64 1.73 -0.58 4.35

Manjeera Constructions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.86 9.90 8.20 7.55 9.95
BOM:533078
4GF Score
Manjeera Constructions Ltd BOM:533078
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manjeera Constructions ROCE % Calculation

Manjeera Constructions'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 )
=113.524/( ( (6839.385 - 4310.921) + (7062.258 - 4369.904) )/ 2 )
=113.524/( (2528.464+2692.354)/ 2 )
=113.524/2610.409
=4.35 %

Manjeera Constructions'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 )
=278.716/( ( (0 - 0) + (7155.912 - 4353.888) )/ 1 )
=278.716/( ( 0 + 2802.024 )/ 1 )
=278.716/2802.024
=9.95 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.95% mean?
Manjeera Constructions (BOM:533078) has a ROCE % of 9.95% as of Sep. 2024.
Is Manjeera Constructions' ROCE % too high?
Manjeera Constructions' current ROCE % is 9.95%. The Real Estate industry median ROCE % is 4.65. Manjeera Constructions' value of 9.95% is 114% above this industry median. Overall, Manjeera Constructions has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Manjeera Constructions' ROCE % compare to competitors?
Manjeera Constructions' ROCE % of 9.95% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.65. Manjeera Constructions' value of 9.95% is 114% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.65, based on 1,756 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manjeera Constructions's current ROCE % of 9.95% is 114% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manjeera Constructions's current ROCE % is 9.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manjeera Constructions stock overvalued right now?
Manjeera Constructions (BOM:533078) has a current ROCE % of 9.95%. The current ROCE % is 9.95% and 114% above the Real Estate industry median of 4.65. Manjeera Constructions' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Manjeera Constructions (BOM:533078), the current ROCE % is 9.95% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manjeera Constructions Business Description

Address JNTU-Hitech City Road, KPHB, No. 711, Manjeera Trinity Corporate, Beside Manjeera Mall, Kukatpally, Hyderabad, TG, IND, 500072
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 Contract 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 Projects include Aditya Park, Aditya Hometel, Radisson Hotel, Majeera Sarovar, and Manjeera Convention Center. The real Estate segment generates the majority of revenue.
4GF Score

Get the complete analysis for BOM:533078

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.00
Price