Shree Krishna Infrastructure (BOM:542146) ROCE % : 0.50% (As of Sep. 2023)

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What is Shree Krishna Infrastructure 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. Shree Krishna Infrastructure's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.50%.

Shree Krishna Infrastructure ROCE % Historical Data

The historical data trend for Shree Krishna Infrastructure'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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Shree Krishna Infrastructure ROCE % Chart

Shree Krishna Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.08

1.18

0.68

0.42

0.43

Shree Krishna Infrastructure Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											0.55	0.30	0.99	0.21	0.50

Shree Krishna Infrastructure ROCE % Calculation

Shree Krishna Infrastructure's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.334	/	( ( (39.894 - 0.714)	+	(114.759 - 0.141) )	/ 2 )
	=	0.334	/	( (39.18	+	114.618)	/ 2 )
	=	0.334	/	76.899
	=	0.43 %

Shree Krishna Infrastructure's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	0.568	/	( ( (114.759 - 0.141)	+	(115.208 - 0.338) )	/ 2 )
	=	0.568	/	( ( 114.618	+	114.87 )	/ 2 )
	=	0.568	/	114.744
	=	0.50 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Shree Krishna Infrastructure (BOM:542146) 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.

Shree Krishna Infrastructure ROCE % Related Terms

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Shree Krishna Infrastructure (BOM:542146) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shree Krishna Infrastructure Ltd (BOM:542146) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

36, Shri Rang Residency, 101, 1st Floor, Vadia, Narmada, Rajpipla, GJ, IND, 393145

Website

https://www.skifl.com

Shree Krishna Infrastructure Ltd is an Indian company engaged in buying, taking on the lease, large size of plots to provide roads, drains, water supply, electricity and lights and within such lands, and plots to build residential houses and business premises and colonies. Its other activities involve to carry on the business of financier and the hire purchase and hire sales and of commission agents arthias; to acquire, purchase, hire or lease agricultural lands and to cultivate any crop or crops for the benefit of the company. The company's projects cover Terra project, Contract farming and Swabhiman E-vehicles and among others.

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