IKIO Technologies (BOM:543923) ROCE % : 8.02% (As of Dec. 2024)

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What is IKIO Technologies 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. IKIO Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.02%.

IKIO Technologies ROCE % Historical Data

The historical data trend for IKIO Technologies'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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IKIO Technologies ROCE % Chart

IKIO Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

53.24

51.61

55.65

45.08

24.31

IKIO Technologies Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									20.08	7.09	12.34	12.97	8.02

IKIO Technologies ROCE % Calculation

IKIO Technologies'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 )
	=	888.96	/	( ( (3109.61 - 1574.85)	+	(6577 - 798.86) )	/ 2 )
	=	888.96	/	( (1534.76	+	5778.14)	/ 2 )
	=	888.96	/	3656.45
	=	24.31 %

IKIO Technologies'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 )
	=	465.76	/	( ( (6817.86 - 1010.6)	+	(0 - 0) )	/ 1 )
	=	465.76	/	( ( 5807.26	+	0 )	/ 1 )
	=	465.76	/	5807.26
	=	8.02 %

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

IKIO Technologies (BOM:543923) 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.

IKIO Technologies ROCE % Related Terms

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IKIO Technologies Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

IKIO:India

Address

D – 234, Sector 63, Noida, UP, IND, 201 301

Website

https://www.ikio.in

IKIO Lighting Ltd is an Indian manufacturer of light-emitting diode (LED) lighting solutions. It is focused on sustainability and providing low-energy LED products to help India meet its sustainability goals. The company is an original design manufacturer (ODM) and designs, develops, manufactures, and supplies products to customers who further distribute them under their brands. The products are categorized as LED lighting; refrigeration lights; ABS (acrylonitrile butadiene styrene) piping; and other products.

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