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Khazanchi Jewellers (BOM:543953) ROCE % : 28.81% (As of Dec. 2024)


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What is Khazanchi Jewellers 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. Khazanchi Jewellers's annualized ROCE % for the quarter that ended in Dec. 2024 was 28.81%.


Khazanchi Jewellers ROCE % Historical Data

The historical data trend for Khazanchi Jewellers'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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Khazanchi Jewellers ROCE % Chart

Khazanchi Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
8.51 9.49 11.00 19.57 28.07

Khazanchi Jewellers Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.41 20.15 25.33 28.10 28.81

Khazanchi Jewellers ROCE % Calculation

Khazanchi Jewellers'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 )
=415.098/( ( (1450.68 - 565.077) + (2542.895 - 471.287) )/ 2 )
=415.098/( (885.603+2071.608)/ 2 )
=415.098/1478.6055
=28.07 %

Khazanchi Jewellers'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 )
=656.876/( ( (2755.799 - 542.266) + (2959.04 - 612.164) )/ 2 )
=656.876/( ( 2213.533 + 2346.876 )/ 2 )
=656.876/2280.2045
=28.81 %

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

* 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.


Khazanchi Jewellers  (BOM:543953) 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.


Khazanchi Jewellers ROCE % Related Terms

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Khazanchi Jewellers Business Description

Traded in Other Exchanges
N/A
Address
NSC Bose Road, No. 130, Sowcarpet, Chennai, TN, IND, 600 079
Khazanchi Jewellers Ltd is a prominent player in the Indian jewellry industry, with a presence in both the wholesale and retail sectors. The company in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.

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