Aluwind Architectural (NSE:ALUWIND) ROCE % : 52.68% (As of Sep. 2023)

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What is Aluwind Architectural 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. Aluwind Architectural's annualized ROCE % for the quarter that ended in Sep. 2023 was 52.68%.

Aluwind Architectural ROCE % Historical Data

The historical data trend for Aluwind Architectural'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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Aluwind Architectural ROCE % Chart

Aluwind Architectural Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

12.91

10.20

23.63

Aluwind Architectural Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
ROCE %	-	-	-	52.68

Aluwind Architectural ROCE % Calculation

Aluwind Architectural's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	39.774	/	( ( (323.274 - 168.261)	+	(408.653 - 227.015) )	/ 2 )
	=	39.774	/	( (155.013	+	181.638)	/ 2 )
	=	39.774	/	168.3255
	=	23.63 %

Aluwind Architectural's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	105.594	/	( ( (408.653 - 227.015)	+	(490.714 - 271.451) )	/ 2 )
	=	105.594	/	( ( 181.638	+	219.263 )	/ 2 )
	=	105.594	/	200.4505
	=	52.68 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Aluwind Architectural (NSE:ALUWIND) 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.

Aluwind Architectural ROCE % Related Terms

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Aluwind Architectural Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aluwind Architectural Ltd (NSE:ALUWIND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Link Road, 604, Palm Spring Centre, Malad (West), Mumbai, MH, IND, 400064

Website

https://www.aluwind.net

Aluwind Architectural Ltd is engaged in manufacturing and installing a diverse range of aluminum products. It includes windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet the unique needs of architects, consultants, builders, institutions, and corporations.

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