DRA Consultants (BOM:540144) ROCE % : 9.27% (As of Sep. 2024)

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What is DRA Consultants 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. DRA Consultants's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.27%.

DRA Consultants ROCE % Historical Data

The historical data trend for DRA Consultants'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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DRA Consultants ROCE % Chart

DRA Consultants Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.26

9.99

9.19

9.07

10.87

DRA Consultants Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															8.39	9.78	6.78	15.00	9.27

DRA Consultants ROCE % Calculation

DRA Consultants'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 )
	=	31.453	/	( ( (313.027 - 35.529)	+	(339.396 - 38.09) )	/ 2 )
	=	31.453	/	( (277.498	+	301.306)	/ 2 )
	=	31.453	/	289.402
	=	10.87 %

DRA Consultants's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	28.394	/	( ( (339.396 - 38.09)	+	(349.943 - 38.743) )	/ 2 )
	=	28.394	/	( ( 301.306	+	311.2 )	/ 2 )
	=	28.394	/	306.253
	=	9.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

DRA Consultants (BOM:540144) 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.

DRA Consultants ROCE % Related Terms

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DRA Consultants Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DRA Consultants Ltd (BOM:540144) » Definitions » ROCE %

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Address

Wardha Road, Plot No. 58, Ingole Nagar, Opposite Airport Behind Hotel Pride, Nagpur, MH, IND, 440005

Website

https://www.dra.net.in

DRA Consultants Ltd is an Indian based company engaged in providing consultancy services in energy saving, infrastructure development and water supply projects to its clients, which mainly comprise cement Plants and Municipal Corporations.

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