Shradha AI Technologies (BOM:543976) ROCE % : 20.14% (As of Dec. 2024)

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What is Shradha AI 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. Shradha AI Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.14%.

Shradha AI Technologies ROCE % Historical Data

The historical data trend for Shradha AI 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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Shradha AI Technologies ROCE % Chart

Shradha AI Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.93

-1.87

23.15

3.26

17.28

Shradha AI Technologies Quarterly Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										20.84	18.43	15.48	16.00	20.14

Shradha AI Technologies ROCE % Calculation

Shradha AI 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 )
	=	86.638	/	( ( (430.792 - 2.549)	+	(585.62 - 11.379) )	/ 2 )
	=	86.638	/	( (428.243	+	574.241)	/ 2 )
	=	86.638	/	501.242
	=	17.28 %

Shradha AI 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 )
	=	167.852	/	( ( (850.598 - 16.979)	+	(0 - 0) )	/ 1 )
	=	167.852	/	( ( 833.619	+	0 )	/ 1 )
	=	167.852	/	833.619
	=	20.14 %

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

Shradha AI Technologies (BOM:543976) 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.

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Shradha AI Technologies Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shradha AI Technologies Ltd (BOM:543976) » Definitions » ROCE %

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Address

Kingsway Road, Shradha House, 1st Floor, Room No.345, Nagpur, MH, IND, 440 001

Website

https://www.shradhhaindustries.com

Shradha AI Technologies Ltd Formerly Shradha Industries Ltd is engaged in trading of items like Computers, Computer peripherals, Computer Hardware and Software, data processors, computerized telecommunication systems and networks, calculators, tabulators, machines, appliances, accessories, devices and instruments of every kind and activation for use of industrial, commercial or any other purpose and distribution of IT hardware, software & security products distribution which is broadly categorized into IT consumers & enterprise segment. Its operational activity pertaining to its products offering includes procurement, warehousing, technical support, material movement and evaluation-based credit facilities to the resellers based on their financial credibility.

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