Popular Foundations (BOM:544259) ROCE % : 22.11% (As of Sep. 2024)

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What is Popular Foundations 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. Popular Foundations's annualized ROCE % for the quarter that ended in Sep. 2024 was 22.11%.

Popular Foundations ROCE % Historical Data

The historical data trend for Popular Foundations'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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Popular Foundations ROCE % Chart

Popular Foundations Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

7.10

9.85

11.54

24.88

Popular Foundations Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	27.20	23.48	22.11

Popular Foundations ROCE % Calculation

Popular Foundations'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 )
	=	67.799	/	( ( (486.47 - 241.162)	+	(635.487 - 335.863) )	/ 2 )
	=	67.799	/	( (245.308	+	299.624)	/ 2 )
	=	67.799	/	272.466
	=	24.88 %

Popular Foundations'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 )
	=	87.176	/	( ( (635.487 - 335.863)	+	(769.065 - 280.205) )	/ 2 )
	=	87.176	/	( ( 299.624	+	488.86 )	/ 2 )
	=	87.176	/	394.242
	=	22.11 %

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

Popular Foundations (BOM:544259) 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.

Popular Foundations ROCE % Related Terms

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Popular Foundations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Popular Foundations Ltd (BOM:544259) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

New No. 32/1, 32/2, Old No. 9/1, 9/2, Kamatchi Apartment, 10th Avenue, Ashok Nagar, Chennai, TN, IND, 600083

Website

https://www.grouppopular.com

Popular Foundations Ltd is engaged in in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector. The company is into building practices catering to various verticals such as factories, educational institutions, commercial, and residential projects. Its focus towards non-residential and non-governmental projects in the realm of civil construction.

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