Meghna Infracon Infrastructure (BOM:538668) ROCE % : 139.72% (As of Dec. 2024)

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What is Meghna Infracon Infrastructure 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. Meghna Infracon Infrastructure's annualized ROCE % for the quarter that ended in Dec. 2024 was 139.72%.

Meghna Infracon Infrastructure ROCE % Historical Data

The historical data trend for Meghna Infracon Infrastructure'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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Meghna Infracon Infrastructure ROCE % Chart

Meghna Infracon Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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23.51

33.22

18.65

25.37

Meghna Infracon Infrastructure Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-	16.83	47.96	15.38	139.72

Meghna Infracon Infrastructure ROCE % Calculation

Meghna Infracon Infrastructure'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 )
	=	35.157	/	( ( (187 - 86.77)	+	(212.912 - 35.953) )	/ 2 )
	=	35.157	/	( (100.23	+	176.959)	/ 2 )
	=	35.157	/	138.5945
	=	25.37 %

Meghna Infracon Infrastructure'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 )
	=	196.232	/	( ( (201.738 - 61.291)	+	(0 - 0) )	/ 1 )
	=	196.232	/	( ( 140.447	+	0 )	/ 1 )
	=	196.232	/	140.447
	=	139.72 %

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

Meghna Infracon Infrastructure (BOM:538668) 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.

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Meghna Infracon Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Meghna Infracon Infrastructure Ltd (BOM:538668) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

S.V. Road, 102/104, Shivam Chambers, Above Spectra Motors Showroom, Goregaon (West), Mumbai, MH, IND, 400062

Website

https://www.meghnarealty.com

Meghna Infracon Infrastructure Ltd is in the real estate sector. The company's project includes Ashraya Heights, Rasik CHS, Kamalalaya, Mukund Kunj, Nav Sudhir, Abhishek, Shillo Mahal, Sharad CHS, Rivaan, and Pai Niwas. The company generates revenue from the sale of shares.

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