Chavda Infra (NSE:CHAVDA) ROCE % : 28.34% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Chavda Infra 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. Chavda Infra's annualized ROCE % for the quarter that ended in Sep. 2024 was 28.34%.

Chavda Infra ROCE % Historical Data

The historical data trend for Chavda Infra'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.

Chavda Infra ROCE % Chart

Chavda Infra Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

29.92

27.48

41.23

37.44

Chavda Infra Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			33.88	46.62	26.56	37.23	28.34

Chavda Infra ROCE % Calculation

Chavda Infra'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 )
	=	310.171	/	( ( (1542.44 - 957.919)	+	(2506.084 - 1433.801) )	/ 2 )
	=	310.171	/	( (584.521	+	1072.283)	/ 2 )
	=	310.171	/	828.402
	=	37.44 %

Chavda Infra'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 )
	=	339.928	/	( ( (2506.084 - 1433.801)	+	(2938.459 - 1611.867) )	/ 2 )
	=	339.928	/	( ( 1072.283	+	1326.592 )	/ 2 )
	=	339.928	/	1199.4375
	=	28.34 %

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

Chavda Infra (NSE:CHAVDA) 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.

Chavda Infra ROCE % Related Terms

Thank you for viewing the detailed overview of Chavda Infra's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chavda Infra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Chavda Infra Ltd (NSE:CHAVDA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iscon-Ambali BRTS Road, SHOP NO. 304 - 307, 406 & 407, Near Neptune House, Ahmedabad, GJ, IND, 380058

Website

https://www.chavdainfra.com

Chavda Infra Ltd is a integrated civil construction company offering a diversified range of construction and allied services across residential, commercial and institutional projects in Gujarat, especially in Ahmedabad and Rajkot. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities to their clients. It derives revenue from following three business verticals such as Contracting Services, Development Services, and Commercial Renting Services.

Chavda Infra Headlines

No Headlines