KIFS Financial Services (BOM:535566) ROCE % : 6.94% (As of Dec. 2024)

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What is KIFS 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. KIFS Financial Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.94%.

KIFS Financial Services ROCE % Historical Data

The historical data trend for KIFS 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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KIFS Financial Services ROCE % Chart

KIFS Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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46.44

58.99

79.51

66.23

93.04

KIFS Financial 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															13.82	127.21	64.13	11.45	6.94

KIFS Financial Services ROCE % Calculation

KIFS 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 )
	=	449.344	/	( ( (3152.727 - 2691.392)	+	(3018.432 - 2513.816) )	/ 2 )
	=	449.344	/	( (461.335	+	504.616)	/ 2 )
	=	449.344	/	482.9755
	=	93.04 %

KIFS Financial 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 )
	=	205.704	/	( ( (2963.089 - 0)	+	(0 - 0) )	/ 1 )
	=	205.704	/	( ( 2963.089	+	0 )	/ 1 )
	=	205.704	/	2963.089
	=	6.94 %

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

KIFS Financial Services (BOM:535566) 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.

KIFS Financial Services ROCE % Related Terms

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KIFS Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KIFS Financial Services Ltd (BOM:535566) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Iskon-Ambli Road, 4th Floor, KIFS Corporate House, Bodakdev, Near. Land Mark Hotel, Near. Neptune House, Ahmedabad, GJ, IND, 380054

Website

https://www.kifsfinance.com

KIFS Financial Services Ltd is a non-banking financial company. The company offers capital market products like margin trading, loans against shares, and funding primary market issues for retail investors. The company is engaged in a single segment of finance. The company generates revenue from Interest Income.

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