Suratwwala Business Group (BOM:543218) ROCE % : 65.39% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Suratwwala Business Group 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. Suratwwala Business Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 65.39%.

Suratwwala Business Group ROCE % Historical Data

The historical data trend for Suratwwala Business Group'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.

* Premium members only.

Suratwwala Business Group ROCE % Chart

Suratwwala Business Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

12.59

34.33

-21.47

267.59

93.31

Suratwwala Business Group Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											6.06	170.49	121.15	98.02	65.39

Suratwwala Business Group ROCE % Calculation

Suratwwala Business Group'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 )
	=	387.912	/	( ( (1202.818 - 1018.787)	+	(1272.122 - 624.661) )	/ 2 )
	=	387.912	/	( (184.031	+	647.461)	/ 2 )
	=	387.912	/	415.746
	=	93.31 %

Suratwwala Business Group'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	423.372	/	( ( (0 - 0)	+	(1272.122 - 624.661) )	/ 1 )
	=	423.372	/	( ( 0	+	647.461 )	/ 1 )
	=	423.372	/	647.461
	=	65.39 %

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

Suratwwala Business Group (BOM:543218) 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.

Suratwwala Business Group ROCE % Related Terms

Thank you for viewing the detailed overview of Suratwwala Business Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Suratwwala Business Group (BOM:543218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suratwwala Business Group Ltd (BOM:543218) » Definitions » ROCE %

Traded in Other Exchanges

SBGLP:India

Address

Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004

Website

https://www.suratwwala.co.in

Suratwwala Business Group Ltd is an integrated real estate development company focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company.

Suratwwala Business Group (BOM:543218) Headlines

No Headlines