Naksh Precious Metals (BOM:539402) ROCE % : 9.24% (As of Dec. 2024)

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What is Naksh Precious Metals 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. Naksh Precious Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.24%.

Naksh Precious Metals ROCE % Historical Data

The historical data trend for Naksh Precious Metals'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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Naksh Precious Metals ROCE % Chart

Naksh Precious Metals Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-67.19

-2.70

0.72

0.10

-0.85

Naksh Precious Metals Quarterly Data
	Sep19	Mar20	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															1.28	-3.02	6.96	8.30	9.24

Naksh Precious Metals ROCE % Calculation

Naksh Precious Metals'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 )
	=	-0.511	/	( ( (93.603 - 33.111)	+	(65.172 - 5.196) )	/ 2 )
	=	-0.511	/	( (60.492	+	59.976)	/ 2 )
	=	-0.511	/	60.234
	=	-0.85 %

Naksh Precious Metals'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 )
	=	5.756	/	( ( (64.108 - 1.804)	+	(0 - 0) )	/ 1 )
	=	5.756	/	( ( 62.304	+	0 )	/ 1 )
	=	5.756	/	62.304
	=	9.24 %

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

Naksh Precious Metals (BOM:539402) 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.

Naksh Precious Metals ROCE % Related Terms

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Naksh Precious Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Naksh Precious Metals Ltd (BOM:539402) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

105, 1st Floor, Barodia Tower, D Block, Prashant Vihar, Central Market, Plot No. 12, New Delhi, IND, 110085

Website

https://www.nakshmetals.com

Naksh Precious Metals Ltd is a company operating in both the jewelry and base metals industries, with a focus on manufacturing and distributing jewelry items made from gold, silver, and diamonds. The company's product range includes necklaces, bangles, rings, chains, and earrings, designed to reflect sophistication and high-quality craftsmanship. In addition to its jewelry division, Naksh Precious Metals Ltd. is engaged in the production and trading of base metals and steel products. The company's offerings include roofing sheets, nails, nuts and bolts, pipes, springs, CRC and SRC coils, billets, angles, ball bearings, and metals such as zinc and nickel. This product range supports the needs of various industries and markets.

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