Premier Energies (BOM:544238) ROCE % : 46.38% (As of Dec. 2024)

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What is Premier Energies 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. Premier Energies's annualized ROCE % for the quarter that ended in Dec. 2024 was 46.38%.

Premier Energies ROCE % Historical Data

The historical data trend for Premier Energies'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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Premier Energies ROCE % Chart

Premier Energies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

11.96

2.30

4.22

27.35

Premier Energies Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					25.39	30.98	65.09	47.83	46.38

Premier Energies ROCE % Calculation

Premier Energies'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 )
	=	3748.64	/	( ( (21106.88 - 10374.31)	+	(35541.25 - 18859.06) )	/ 2 )
	=	3748.64	/	( (10732.57	+	16682.19)	/ 2 )
	=	3748.64	/	13707.38
	=	27.35 %

Premier Energies'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 )
	=	15918.44	/	( ( (52908.15 - 18589.86)	+	(0 - 0) )	/ 1 )
	=	15918.44	/	( ( 34318.29	+	0 )	/ 1 )
	=	15918.44	/	34318.29
	=	46.38 %

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

Premier Energies (BOM:544238) 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.

Premier Energies ROCE % Related Terms

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Premier Energies Business Description

Industry

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PREMIERENE:India

Address

Sy. No. 83/1, Hyderabad Knowledge City, 8th Floor, Orbit Tower 1, TSIIC, Raidurgam, Hyderabad, TG, IND, 500081

Website

https://www.premierenergies.com

Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company primarily engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically the company generates almost all of its revenue within India.

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