Kamdhenu Ventures (BOM:543747) ROCE % : 5.41% (As of Sep. 2024)

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What is Kamdhenu Ventures 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. Kamdhenu Ventures's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.41%.

Kamdhenu Ventures ROCE % Historical Data

The historical data trend for Kamdhenu Ventures'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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Kamdhenu Ventures ROCE % Chart

Kamdhenu Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-157.07

-10.21

13.90

Kamdhenu Ventures Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial								9.61	12.57	14.66	6.65	5.41

Kamdhenu Ventures ROCE % Calculation

Kamdhenu Ventures'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 )
	=	186.459	/	( ( (2194.808 - 1215.964)	+	(2705.441 - 1001.167) )	/ 2 )
	=	186.459	/	( (978.844	+	1704.274)	/ 2 )
	=	186.459	/	1341.559
	=	13.90 %

Kamdhenu Ventures'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	94.488	/	( ( (0 - 0)	+	(2756.47 - 1009.016) )	/ 1 )
	=	94.488	/	( ( 0	+	1747.454 )	/ 1 )
	=	94.488	/	1747.454
	=	5.41 %

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

Kamdhenu Ventures (BOM:543747) 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.

Kamdhenu Ventures ROCE % Related Terms

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Kamdhenu Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kamdhenu Ventures Ltd (BOM:543747) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KAMOPAINTS:India

Address

DLF Cyber City, 2nd Floor, Tower-A, Building No. 9, Phase-III, Gurgaon, HR, IND, 122 002

Website

https://www.kamdhenulimited.com

Kamdhenu Ventures Ltd is engaged in the manufacturing, marketing, branding, and distribution of diverse products including Reinforcement steel Bars, Structural steels, Binding Wire, Colour Coated Sheets, Plywood, Paints, and many more. The Group is also engaged in trading TMT Bars, structural steel, and manufacturing of paints products.

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