Bondada Engineering (BOM:543971) ROCE % : 59.63% (As of Mar. 2024)

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What is Bondada Engineering 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. Bondada Engineering's annualized ROCE % for the quarter that ended in Mar. 2024 was 59.63%.

Bondada Engineering ROCE % Historical Data

The historical data trend for Bondada Engineering'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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Bondada Engineering ROCE % Chart

Bondada Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

27.47

30.73

38.27

51.05

Bondada Engineering Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	25.97	46.95	36.05	59.63

Bondada Engineering ROCE % Calculation

Bondada Engineering'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 )
	=	705.241	/	( ( (2511.546 - 1641.926)	+	(5047.934 - 3154.864) )	/ 2 )
	=	705.241	/	( (869.62	+	1893.07)	/ 2 )
	=	705.241	/	1381.345
	=	51.05 %

Bondada Engineering's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	994.022	/	( ( (3894.861 - 2453.842)	+	(5047.934 - 3154.864) )	/ 2 )
	=	994.022	/	( ( 1441.019	+	1893.07 )	/ 2 )
	=	994.022	/	1667.0445
	=	59.63 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Bondada Engineering (BOM:543971) 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.

Bondada Engineering ROCE % Related Terms

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Bondada Engineering (BOM:543971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bondada Engineering Ltd (BOM:543971) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 11 & 15, 3rd Floor, Surya PPR Towers, Ranga Reddy, Hyderabad, TG, IND, 500062

Website

https://www.bondada.net

Bondada Engineering Ltd is an ISO 9001:2015 certified integrated infrastructure company engaged in the business of providing engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to pan India customers operating in the telecom and solar energy industry. The company provides passive telecom infrastructure services which include turnkey services for cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India. The firm generates the majority of its revenue from EPC.

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