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Abhishek Integrations (NSE:AILIMITED) ROCE % : 13.28% (As of Sep. 2024)


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What is Abhishek Integrations 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. Abhishek Integrations's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.28%.


Abhishek Integrations ROCE % Historical Data

The historical data trend for Abhishek Integrations'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.

* Premium members only.

Abhishek Integrations ROCE % Chart

Abhishek Integrations Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 32.31 11.43 11.93 12.92 15.84

Abhishek Integrations Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.13 13.30 14.97 16.87 13.28

Abhishek Integrations ROCE % Calculation

Abhishek Integrations'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 )
=16.398/( ( (141.913 - 42.754) + (162.689 - 54.824) )/ 2 )
=16.398/( (99.159+107.865)/ 2 )
=16.398/103.512
=15.84 %

Abhishek Integrations'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 )
=14.392/( ( (162.689 - 54.824) + (178.743 - 69.838) )/ 2 )
=14.392/( ( 107.865 + 108.905 )/ 2 )
=14.392/108.385
=13.28 %

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

* 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.


Abhishek Integrations  (NSE:AILIMITED) 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.


Abhishek Integrations ROCE % Related Terms

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Abhishek Integrations Business Description

Traded in Other Exchanges
N/A
Address
Gandhinagar Hwy, opp. Rajpath Rangoli Road, 801, Venus Benecia, Sarkhej, Bodakdev, Ahmedabad, GJ, IND, 380053
Abhishek Integrations Ltd is engaged in Developing, Operating, and Maintenance of HT & LT Electrical and Mechanical and installation at Terminal Buildings of Airports, installation and maintenance of Fire Fighting solutions as a system integrator, operation, and maintenance of GLF/Airfield Lighting Systems, Operating and maintaining Baggage Handling systems, Water distributions system, Substation including perimeter light fittings at Airports, LT switchgear at various Reputed Government Departments located in PAN India. The firm has various ongoing projects of the airport authority of India located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara among others.

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