Sanghvi Brands (BOM:540782) ROCE % : 1.11% (As of Mar. 2024)

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What is Sanghvi Brands 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. Sanghvi Brands's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.11%.

Sanghvi Brands ROCE % Historical Data

The historical data trend for Sanghvi Brands'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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Sanghvi Brands ROCE % Chart

Sanghvi Brands Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-52.87

-60.62

-51.23

9.37

14.29

Sanghvi Brands Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial														-20.64	15.80	1.91	27.38	1.11

Sanghvi Brands ROCE % Calculation

Sanghvi Brands'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 )
	=	6.392	/	( ( (73.271 - 31.275)	+	(71.542 - 24.053) )	/ 2 )
	=	6.392	/	( (41.996	+	47.489)	/ 2 )
	=	6.392	/	44.7425
	=	14.29 %

Sanghvi Brands's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	0.528	/	( ( (71.419 - 23.894)	+	(71.542 - 24.053) )	/ 2 )
	=	0.528	/	( ( 47.525	+	47.489 )	/ 2 )
	=	0.528	/	47.507
	=	1.11 %

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

Sanghvi Brands (BOM:540782) 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.

Sanghvi Brands ROCE % Related Terms

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Sanghvi Brands (BOM:540782) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Sanghvi Brands Ltd (BOM:540782) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shivajinagar, Sanghvi House, 105/2, Pune, MH, IND, 411005

Website

https://www.sanghvibrands.com

Sanghvi Brands Ltd is engaged in the business of branding national and international brands, dealing in goods and services of such brands, and providing spa services. Its brands include Spa Loccitane, Elle Spas and Salons, Warren Tricomi, Ramona Braganza, Elemis, and Holyfield Gyms. The company has a domestic as well as an international presence. Revenue is generated from the sale of products and services. The majority of the revenue is generated from the sale of services.

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