Plaza Wires (BOM:544003) ROCE % : 4.04% (As of Dec. 2024)

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What is Plaza Wires 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. Plaza Wires's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.04%.

Plaza Wires ROCE % Historical Data

The historical data trend for Plaza Wires'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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Plaza Wires ROCE % Chart

Plaza Wires Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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23.17

21.28

23.43

25.40

10.20

Plaza Wires Quarterly Data
	Mar19	Mar20	Mar21	Dec21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								-	5.94	6.02	2.52	4.04

Plaza Wires ROCE % Calculation

Plaza Wires'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 )
	=	94.21	/	( ( (1121.02 - 514.73)	+	(1727.7 - 486.62) )	/ 2 )
	=	94.21	/	( (606.29	+	1241.08)	/ 2 )
	=	94.21	/	923.685
	=	10.20 %

Plaza Wires'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 )
	=	50.24	/	( ( (1527.47 - 282.68)	+	(0 - 0) )	/ 1 )
	=	50.24	/	( ( 1244.79	+	0 )	/ 1 )
	=	50.24	/	1244.79
	=	4.04 %

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

Plaza Wires (BOM:544003) 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.

Plaza Wires ROCE % Related Terms

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Plaza Wires Business Description

Industry

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PLAZACABLE:India

Address

A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020

Website

https://www.plazawires.in

Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.

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