Atal Realtech (NSE:ATALREAL) ROCE % : 16.23% (As of Mar. 2024)

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What is Atal Realtech 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. Atal Realtech's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.23%.

Atal Realtech ROCE % Historical Data

The historical data trend for Atal Realtech'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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Atal Realtech ROCE % Chart

Atal Realtech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.18

14.47

12.59

11.98

12.43

Atal Realtech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial						18.18	8.22	14.72	8.83	16.23

Atal Realtech ROCE % Calculation

Atal Realtech'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 )
	=	48.57	/	( ( (571.617 - 189.449)	+	(575.637 - 176.527) )	/ 2 )
	=	48.57	/	( (382.168	+	399.11)	/ 2 )
	=	48.57	/	390.639
	=	12.43 %

Atal Realtech's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	63.388	/	( ( (528.526 - 146.599)	+	(575.637 - 176.527) )	/ 2 )
	=	63.388	/	( ( 381.927	+	399.11 )	/ 2 )
	=	63.388	/	390.5185
	=	16.23 %

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

Atal Realtech (NSE:ATALREAL) 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.

Atal Realtech ROCE % Related Terms

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Atal Realtech (NSE:ATALREAL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atal Realtech Ltd (NSE:ATALREAL) » Definitions » ROCE %

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543911:India

Address

Unit No. 301 and 302, S. No. 744, ABH Developers Town Square, Near City Centre Mall, Untwadi, Nashik, MH, IND, 422002

Website

https://www.atalrealtech.com

Atal Realtech Ltd is a construction company providing integrated civil works contracting and engineering services for structural construction and infrastructure sector projects. The company is engaged in contracting and sub-contracting for various government and private projects which includes the construction of commercial structures and industrial structures. It focuses on projects such as Civil construction projects, Water Supply and Drainage Projects, Road and Bridge projects, and Major and Minor Irrigation Projects.

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