Shanti Educational Initiatives (BOM:539921) ROCE % : 14.19% (As of Dec. 2024)

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What is Shanti Educational Initiatives 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. Shanti Educational Initiatives's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.19%.

Shanti Educational Initiatives ROCE % Historical Data

The historical data trend for Shanti Educational Initiatives'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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Shanti Educational Initiatives ROCE % Chart

Shanti Educational Initiatives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.53

1.17

2.25

8.13

8.23

Shanti Educational Initiatives 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															0.36	-7.96	24.84	21.83	14.19

Shanti Educational Initiatives ROCE % Calculation

Shanti Educational Initiatives'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 )
	=	52.634	/	( ( (670.117 - 43.015)	+	(694.234 - 42.212) )	/ 2 )
	=	52.634	/	( (627.102	+	652.022)	/ 2 )
	=	52.634	/	639.562
	=	8.23 %

Shanti Educational Initiatives'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 )
	=	98.22	/	( ( (740.758 - 48.626)	+	(0 - 0) )	/ 1 )
	=	98.22	/	( ( 692.132	+	0 )	/ 1 )
	=	98.22	/	692.132
	=	14.19 %

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

Shanti Educational Initiatives (BOM:539921) 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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Shanti Educational Initiatives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanti Educational Initiatives Ltd (BOM:539921) » Definitions » ROCE %

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Address

Bopal-Ambli Road, Shanti Corporate House, Near Hirarupa Banquet Hall, Opposite Landmark Hotel, Ahmedabad, GJ, IND, 380058

Website

http://www.seil.edu.in

Shanti Educational Initiatives Ltd is a school management solutions provider and education company. Its educational units include Shanti Asiatic schools, Shanti juniors, Shanti hopskotch, and Shanti business schools. The company services include infrastructure setup support, campus layout plan, building school governance manuals, complete administration of the school, marketing and branding, manpower mapping and resource planning, budgeting, and business and financial models. Its revenue comes from the sale of Services, Training Income, Education Services, and Franchisee Income.

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