Ceigall India (NSE:CEIGALL) ROCE % : 26.53% (As of Sep. 2024)

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What is Ceigall India 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. Ceigall India's annualized ROCE % for the quarter that ended in Sep. 2024 was 26.53%.

Ceigall India ROCE % Historical Data

The historical data trend for Ceigall India'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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Ceigall India ROCE % Chart

Ceigall India Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

29.52

34.84

38.44

Ceigall India Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	-	-	42.36	36.02	26.53

Ceigall India ROCE % Calculation

Ceigall India'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 )
	=	4858.22	/	( ( (18278.22 - 8621.24)	+	(25921.94 - 10303.67) )	/ 2 )
	=	4858.22	/	( (9656.98	+	15618.27)	/ 2 )
	=	4858.22	/	12637.625
	=	38.44 %

Ceigall India'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 )
	=	5241.76	/	( ( (25921.94 - 10303.67)	+	(34777.28 - 10872.76) )	/ 2 )
	=	5241.76	/	( ( 15618.27	+	23904.52 )	/ 2 )
	=	5241.76	/	19761.395
	=	26.53 %

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

Ceigall India (NSE:CEIGALL) 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.

Ceigall India ROCE % Related Terms

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Ceigall India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ceigall India Ltd (NSE:CEIGALL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544223:India

Address

National Highway-48, JMK Towers, 2nd Floor, Kapashera, Delhi, IND, 110 037

Website

https://www.ceigall.com

Ceigall India Ltd is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. Currently, The company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways.

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