Innovators Facade Systems (BOM:541353) ROCE % : 19.01% (As of Sep. 2024)

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What is Innovators Facade Systems 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. Innovators Facade Systems's annualized ROCE % for the quarter that ended in Sep. 2024 was 19.01%.

Innovators Facade Systems ROCE % Historical Data

The historical data trend for Innovators Facade Systems'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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Innovators Facade Systems ROCE % Chart

Innovators Facade Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-3.54

2.64

2.78

9.27

16.64

Innovators Facade Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial														5.83	12.76	13.64	18.16	19.01

Innovators Facade Systems ROCE % Calculation

Innovators Facade Systems'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 )
	=	255.002	/	( ( (2546.995 - 1092.771)	+	(2710.513 - 1099.531) )	/ 2 )
	=	255.002	/	( (1454.224	+	1610.982)	/ 2 )
	=	255.002	/	1532.603
	=	16.64 %

Innovators Facade Systems'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 )
	=	314.414	/	( ( (2710.513 - 1099.531)	+	(2854.384 - 1158.051) )	/ 2 )
	=	314.414	/	( ( 1610.982	+	1696.333 )	/ 2 )
	=	314.414	/	1653.6575
	=	19.01 %

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

Innovators Facade Systems (BOM:541353) 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.

Innovators Facade Systems ROCE % Related Terms

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Innovators Facade Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Innovators Facade Systems Ltd (BOM:541353) » Definitions » ROCE %

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Address

Sector Number 1, Station Road, 204, B-65, Jaydeep Shanti Nagar, Mira Bhayandar, Mira Road (East), Thane, MH, IND, 401107

Website

https://www.innovators.in

Innovators Facade Systems Ltd is engaged in the designing, engineering, fabrication, and installation of facade systems. The company offers total solutions to customers with respect to their requirements for facade installation in complex projects. The entity operates in residential, commercial, and infrastructure projects.

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