Shankara Building Products (BOM:540425) ROCE % : 17.43% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Shankara Building Products 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. Shankara Building Products's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.43%.

Shankara Building Products ROCE % Historical Data

The historical data trend for Shankara Building Products'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.

* Premium members only.

Shankara Building Products ROCE % Chart

Shankara Building Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

17.99

9.26

11.79

16.43

18.14

Shankara Building Products 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															20.57	18.27	18.02	15.85	17.43

Shankara Building Products ROCE % Calculation

Shankara Building Products'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 )
	=	1365.6	/	( ( (12917.5 - 6083.1)	+	(15855.4 - 7631.7) )	/ 2 )
	=	1365.6	/	( (6834.4	+	8223.7)	/ 2 )
	=	1365.6	/	7529.05
	=	18.14 %

Shankara Building Products'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 )
	=	1466.8	/	( ( (16794.9 - 8377.2)	+	(0 - 0) )	/ 1 )
	=	1466.8	/	( ( 8417.7	+	0 )	/ 1 )
	=	1466.8	/	8417.7
	=	17.43 %

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

Shankara Building Products (BOM:540425) 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.

Shankara Building Products ROCE % Related Terms

Thank you for viewing the detailed overview of Shankara Building Products's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shankara Building Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shankara Building Products Ltd (BOM:540425) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SHANKARA:India

Address

Hosur Main Road, No.21/1 & 35-A-1, Electronic City Post, Veerasandra, Bengaluru, KA, IND, 560100

Website

https://www.shankarabuildpro.com

Shankara Building Products Ltd is an organised retailer of home improvement and building products in India. The company's operating segments include Retail, Channel and Enterprise. It generates maximum revenue from the Retail segment. The Retail segment offers construction materials, plumbing and sanitaryware, flooring, electrical items, and interior-exterior finishing. Its In-house brands include Taurus; Loha; Prince; Century Roof; Ganga and Ganga Gold and Prince Scaffolding.

Shankara Building Products Headlines

No Headlines