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Ducon Infratechnologies (NSE:DUCON) ROCE % : 21.26% (As of Mar. 2024)


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What is Ducon Infratechnologies 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. Ducon Infratechnologies's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.26%.


Ducon Infratechnologies ROCE % Historical Data

The historical data trend for Ducon Infratechnologies'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.

Ducon Infratechnologies ROCE % Chart

Ducon Infratechnologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 10.13 9.82 10.46 15.16

Ducon Infratechnologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.16 9.06 11.82 18.20 21.26

Ducon Infratechnologies ROCE % Calculation

Ducon Infratechnologies'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 )
=207.423/( ( (2757.936 - 1368.645) + (2920.114 - 1573.626) )/ 2 )
=207.423/( (1389.291+1346.488)/ 2 )
=207.423/1367.8895
=15.16 %

Ducon Infratechnologies'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: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=286.292/( ( (0 - 0) + (2920.114 - 1573.626) )/ 1 )
=286.292/( ( 0 + 1346.488 )/ 1 )
=286.292/1346.488
=21.26 %

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

* 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.


Ducon Infratechnologies  (NSE:DUCON) 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.


Ducon Infratechnologies ROCE % Related Terms

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Ducon Infratechnologies (NSE:DUCON) Business Description

Traded in Other Exchanges
Address
Road No.1, MIDC Wagle Industrial Estate, Ducon House, Plot No. A/4, Thane (West), Thane, MH, IND, 400604
Ducon Infratechnologies Ltd is an India-based diversified technology company. It is engaged in the business of Heavy Engineering and Clean Technology. In addition, it is also involved in the installation of industrial machinery and equipment. The company offers its services in the digital and infrastructure business sectors. Its product categories consist of servers, storage, networking, security and surveillance, and energy management systems.

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