Radhika Jeweltech (BOM:540125) ROCE % : 41.87% (As of Dec. 2024)

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What is Radhika Jeweltech 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. Radhika Jeweltech's annualized ROCE % for the quarter that ended in Dec. 2024 was 41.87%.

Radhika Jeweltech ROCE % Historical Data

The historical data trend for Radhika Jeweltech'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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Radhika Jeweltech ROCE % Chart

Radhika Jeweltech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.32

19.61

20.97

19.76

27.65

Radhika Jeweltech 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															35.16	23.30	26.72	25.44	41.87

Radhika Jeweltech ROCE % Calculation

Radhika Jeweltech'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 )
	=	692.835	/	( ( (2590.836 - 328.874)	+	(3210.158 - 459.903) )	/ 2 )
	=	692.835	/	( (2261.962	+	2750.255)	/ 2 )
	=	692.835	/	2506.1085
	=	27.65 %

Radhika Jeweltech'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 )
	=	1248.976	/	( ( (3587.244 - 604.298)	+	(0 - 0) )	/ 1 )
	=	1248.976	/	( ( 2982.946	+	0 )	/ 1 )
	=	1248.976	/	2982.946
	=	41.87 %

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

Radhika Jeweltech (BOM:540125) 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.

Radhika Jeweltech ROCE % Related Terms

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Radhika Jeweltech Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Radhika Jeweltech Ltd (BOM:540125) » Definitions » ROCE %

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RADHIKAJWE:India

Address

Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001

Website

https://www.radhikajeweltech.com

Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates revenue from the sale of Pure Gold and Gold Jewellery, Loose Diamond and Diamond Jewellery and Platinum Jewellery.

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