Sharika Enterprises (BOM:540786) ROCE % : 10.73% (As of Dec. 2024)

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What is Sharika Enterprises 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. Sharika Enterprises's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.73%.

Sharika Enterprises ROCE % Historical Data

The historical data trend for Sharika Enterprises'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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Sharika Enterprises ROCE % Chart

Sharika Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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6.90

7.94

3.89

-4.92

7.61

Sharika Enterprises 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															-23.61	118.04	-30.29	-45.23	10.73

Sharika Enterprises ROCE % Calculation

Sharika Enterprises'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 )
	=	22.052	/	( ( (598.246 - 300.822)	+	(556.69 - 274.417) )	/ 2 )
	=	22.052	/	( (297.424	+	282.273)	/ 2 )
	=	22.052	/	289.8485
	=	7.61 %

Sharika Enterprises'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 )
	=	24.204	/	( ( (652.51 - 427.011)	+	(0 - 0) )	/ 1 )
	=	24.204	/	( ( 225.499	+	0 )	/ 1 )
	=	24.204	/	225.499
	=	10.73 %

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

Sharika Enterprises (BOM:540786) 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.

Sharika Enterprises ROCE % Related Terms

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Sharika Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sharika Enterprises Ltd (BOM:540786) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

504, Tower C, Project ATS Bouquet, 5th Floor, Sector-132, Noida, UP, IND, 201305

Website

https://www.sharikaindia.com

Sharika Enterprises Ltd company is engaged in the business of Management Consultancy & Project Execution services primarily in the power sector for Indian and International Power Equipment Manufacturers. The company is also engaged in trading of Electrical items comprising of LED lights and other related products and components. Its operations also include a composite range of activities comprising of engineering, procurement, construction, and servicing, etc of Power plants and equipments.

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