Khadim India (BOM:540775) ROCE % : 9.97% (As of Sep. 2024)

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What is Khadim India 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. Khadim India's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.97%.

Khadim India ROCE % Historical Data

The historical data trend for Khadim India'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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Khadim India ROCE % Chart

Khadim India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.42

-4.93

9.22

14.15

9.56

Khadim India Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															9.61	9.65	9.36	8.22	9.97

Khadim India ROCE % Calculation

Khadim India'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 )
	=	395.21	/	( ( (7350.27 - 3286.24)	+	(7315.2 - 3107.95) )	/ 2 )
	=	395.21	/	( (4064.03	+	4207.25)	/ 2 )
	=	395.21	/	4135.64
	=	9.56 %

Khadim India'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	430.24	/	( ( (0 - 0)	+	(8190.73 - 3877.19) )	/ 1 )
	=	430.24	/	( ( 0	+	4313.54 )	/ 1 )
	=	430.24	/	4313.54
	=	9.97 %

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

Khadim India (BOM:540775) 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.

Khadim India ROCE % Related Terms

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Khadim India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Khadim India Ltd (BOM:540775) » Definitions » ROCE %

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KHADIM:India

Address

08 Major Arterial Road, 7th Floor, Tower C, DLF IT Park, Block - AF, New Town (Rajarhat), Kolkata, WB, IND, 7000156

Website

https://www.khadims.com

Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. It generates the majority of revenue from India.

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