Vedant Fashions (BOM:543463) ROCE % : 43.46% (As of Dec. 2024)

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What is Vedant Fashions 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. Vedant Fashions's annualized ROCE % for the quarter that ended in Dec. 2024 was 43.46%.

Vedant Fashions ROCE % Historical Data

The historical data trend for Vedant Fashions'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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Vedant Fashions ROCE % Chart

Vedant Fashions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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27.15

15.24

32.33

38.01

30.36

Vedant Fashions Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial														50.22	30.18	18.16	20.04	43.46

Vedant Fashions ROCE % Calculation

Vedant Fashions'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 )
	=	5929.06	/	( ( (21660.16 - 3966.66)	+	(25087.56 - 3728.51) )	/ 2 )
	=	5929.06	/	( (17693.5	+	21359.05)	/ 2 )
	=	5929.06	/	19526.275
	=	30.36 %

Vedant Fashions'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 )
	=	9018.32	/	( ( (24628.18 - 3877.52)	+	(0 - 0) )	/ 1 )
	=	9018.32	/	( ( 20750.66	+	0 )	/ 1 )
	=	9018.32	/	20750.66
	=	43.46 %

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

Vedant Fashions (BOM:543463) 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.

Vedant Fashions ROCE % Related Terms

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Vedant Fashions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vedant Fashions Ltd (BOM:543463) » Definitions » ROCE %

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MANYAVAR:India

Address

19 Canal South Road, Paridhan Garment Park, A501-A502, SDF-1, 4th Floor, Kolkata, WB, IND, 700 015

Website

https://www.vedantfashions.com

Vedant Fashions Ltd is engaged in the men's Indian wedding and celebration wear segment.The Company has only one reportable segment i.e., branded fashion apparel and accessories. The company's products include men's ethnic and celebration wear items such as Indo-western, sherwanis, kurtas, jackets and accessories such as jutti, safa, mala, and women's ethnic and celebration wear items such as lehengas, sarees, stitched suits, gowns and kurtis.

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