India Power (NSE:DPSCLTD) ROCE % : 2.84% (As of Sep. 2024)

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What is India Power 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. India Power's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.84%.

India Power ROCE % Historical Data

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

India Power Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.64

2.69

2.62

3.34

3.59

India Power Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															3.29	3.48	3.96	3.27	2.84

India Power ROCE % Calculation

India Power'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 )
	=	539.147	/	( ( (20198.139 - 5078.792)	+	(20589.132 - 5647.304) )	/ 2 )
	=	539.147	/	( (15119.347	+	14941.828)	/ 2 )
	=	539.147	/	15030.5875
	=	3.59 %

India Power'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	447.104	/	( ( (0 - 0)	+	(21833.558 - 6092.201) )	/ 1 )
	=	447.104	/	( ( 0	+	15741.357 )	/ 1 )
	=	447.104	/	15741.357
	=	2.84 %

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

India Power (NSE:DPSCLTD) 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.

India Power ROCE % Related Terms

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India Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » India Power Corp Ltd (NSE:DPSCLTD) » Definitions » ROCE %

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Address

Sector - V, Plot No. X1 - 2 and 3, Block - EP, Salt Lake City, Kolkata, WB, IND, 700 091

Website

https://www.indiapower.com

India Power Corp Ltd is an India-based power generation and utility company. It is involved in the renewable and conventional modes of power generation, distribution, and power trading. Along with conventional modes of power generation, it harnesses wind and solar energies to increase power generation capacity. The company's business segments are Regulated operations and Non-Regulated operations. The company derives maximum revenue from the Regulated operations.

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