Advait Energy Transitions (BOM:543230) ROCE % : 30.97% (As of Dec. 2024)

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What is Advait Energy Transitions 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. Advait Energy Transitions's annualized ROCE % for the quarter that ended in Dec. 2024 was 30.97%.

Advait Energy Transitions ROCE % Historical Data

The historical data trend for Advait Energy Transitions'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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Advait Energy Transitions ROCE % Chart

Advait Energy Transitions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.04

14.40

20.08

24.68

45.75

Advait Energy Transitions Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial													64.39	45.87	34.38	16.36	30.97

Advait Energy Transitions ROCE % Calculation

Advait Energy Transitions'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 )
	=	349.884	/	( ( (1159.816 - 560.672)	+	(1991.389 - 1060.986) )	/ 2 )
	=	349.884	/	( (599.144	+	930.403)	/ 2 )
	=	349.884	/	764.7735
	=	45.75 %

Advait Energy Transitions'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 )
	=	637.44	/	( ( (2995.937 - 937.424)	+	(0 - 0) )	/ 1 )
	=	637.44	/	( ( 2058.513	+	0 )	/ 1 )
	=	637.44	/	2058.513
	=	30.97 %

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

Advait Energy Transitions (BOM:543230) 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.

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Advait Energy Transitions Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Energy Transitions Ltd (BOM:543230) » Definitions » ROCE %

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Address

Iskcon Ambli Road, 1st Floor, KIFS Corporate House, Beside Hotel Planet Landmark, Near Ashok Vatika, Ambli, Ahmedabad, GJ, IND, 380058

Website

https://www.advaitinfra.com

Advait Energy Transitions Ltd formerly Advait Infratech Ltd is engaged in the manufacturing and supply of power transmission products such as Stringing Tools, OPGW (Optical Fibre Ground Wire), OFC cables, ACS (Aluminum Clad Steel Wire), ERS (Emergency Restoration System), and OPGW joint boxes which are the products and solutions tailored for power transmission, substation, and telecommunication infrastructure.

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