BLS E- Services (NSE:BLSE) ROCE % : 16.43% (As of Dec. 2024)

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What is BLS E- Services 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. BLS E- Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.43%.

BLS E- Services ROCE % Historical Data

The historical data trend for BLS E- Services'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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BLS E- Services ROCE % Chart

BLS E- Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

51.63

40.21

42.87

16.63

BLS E- Services Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					31.74	13.24	15.79	16.61	16.43

BLS E- Services ROCE % Calculation

BLS E- Services'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 )
	=	465.01	/	( ( (1794.659 - 638.791)	+	(5096.657 - 658.448) )	/ 2 )
	=	465.01	/	( (1155.868	+	4438.209)	/ 2 )
	=	465.01	/	2797.0385
	=	16.63 %

BLS E- Services'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 )
	=	772.14	/	( ( (5561.556 - 861.941)	+	(0 - 0) )	/ 1 )
	=	772.14	/	( ( 4699.615	+	0 )	/ 1 )
	=	772.14	/	4699.615
	=	16.43 %

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

BLS E- Services (NSE:BLSE) 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.

BLS E- Services ROCE % Related Terms

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BLS E- Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BLS E- Services Ltd (NSE:BLSE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544107:India

Address

Udyog Vihar, Phase V, Plot no. 865, Gurugram, HR, IND, 122016

Website

https://www.blseservices.com

BLS E- Services Ltd is a digital service provider in India. It provides business correspondence services to banks in India, Assisted E-services, and E-Governance Services at grassroots levels in India. Its robust network provides access points for the delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural, and banking services for governments (G2C) and businesses (B2B) alike in addition to a host of B2C services to citizens in urban, semi-urban, rural and remote areas. Business Correspondents provides banking products and services on behalf of banks to people while performing a variety of services including opening savings, recurring deposit accounts, cash deposits, withdrawals, remittances, transfers, and bill collection.

BLS E- Services Headlines

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