Euphoria Infotech (INDIA) (BOM:544094) ROCE % : 20.66% (As of Sep. 2024)

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What is Euphoria Infotech (INDIA) 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. Euphoria Infotech (INDIA)'s annualized ROCE % for the quarter that ended in Sep. 2024 was 20.66%.

Euphoria Infotech (INDIA) ROCE % Historical Data

The historical data trend for Euphoria Infotech (INDIA)'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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Euphoria Infotech (INDIA) ROCE % Chart

Euphoria Infotech (INDIA) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

17.36

16.63

56.67

15.00

Euphoria Infotech (INDIA) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	41.83	8.96	20.66

Euphoria Infotech (INDIA) ROCE % Calculation

Euphoria Infotech (INDIA)'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 )
	=	14.632	/	( ( (83.264 - 39.214)	+	(166.705 - 15.677) )	/ 2 )
	=	14.632	/	( (44.05	+	151.028)	/ 2 )
	=	14.632	/	97.539
	=	15.00 %

Euphoria Infotech (INDIA)'s ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	32.122	/	( ( (166.705 - 15.677)	+	(206.543 - 46.617) )	/ 2 )
	=	32.122	/	( ( 151.028	+	159.926 )	/ 2 )
	=	32.122	/	155.477
	=	20.66 %

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

Euphoria Infotech (INDIA) (BOM:544094) 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.

Euphoria Infotech (INDIA) ROCE % Related Terms

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Euphoria Infotech (INDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Euphoria Infotech (INDIA) Ltd (BOM:544094) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor, Sector V, Salt Lake City, Kolkata, WB, IND, 700091

Website

https://www.euphoriainfotech.com

Euphoria Infotech (INDIA) Ltd is an IT and ITes solution company based in Kolkata India. It provides high-end IT and ITes solution in the field of Citizen-Centric Applications, Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Internet of Things (IoT), cloud-based tools and application, data management, etc, and also offers five broad categories namely, customized software, e-commerce, IoT, Artificial Intelligence and Machine Learning. It is also engaged in the business of customized web application development for industry and general citizens. The applications range from Online Recruitment, Online Application, Urban Local Body services, University management system, Online Ticket Booking Systems, E-commerce, etc.

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