Bajel Projects (BOM:544042) ROCE % : 7.46% (As of Mar. 2024)

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What is Bajel Projects 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. Bajel Projects's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.46%.

Bajel Projects ROCE % Historical Data

The historical data trend for Bajel Projects'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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Bajel Projects ROCE % Chart

Bajel Projects Annual Data

Trend

Mar23

Mar24

ROCE %

3,581.30

7.46

Bajel Projects Semi-Annual Data
	Mar23	Mar24
ROCE %	3,581.30	7.46

Bajel Projects ROCE % Calculation

Bajel Projects'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 )
	=	222.115	/	( ( (4.825 - 2.836)	+	(13428.686 - 7473.635) )	/ 2 )
	=	222.115	/	( (1.989	+	5955.051)	/ 2 )
	=	222.115	/	2978.52
	=	7.46 %

Bajel Projects'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	222.115	/	( ( (4.825 - 2.836)	+	(13428.686 - 7473.635) )	/ 2 )
	=	222.115	/	( ( 1.989	+	5955.051 )	/ 2 )
	=	222.115	/	2978.52
	=	7.46 %

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

Bajel Projects (BOM:544042) 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.

Bajel Projects ROCE % Related Terms

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Bajel Projects (BOM:544042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Bajel Projects Ltd (BOM:544042) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BAJEL:India

Address

Anik Wadala Link Road, 801 Rustomjee Aspiree, Sion East, Mumbai, MH, IND, 400 022

Website

https://www.bajelprojects.com

Bajel Projects Ltd is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects.

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