Effwa Infra & Research (NSE:EFFWA) ROCE % : 61.81% (As of Mar. 2024)

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What is Effwa Infra & Research 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. Effwa Infra & Research's annualized ROCE % for the quarter that ended in Mar. 2024 was 61.81%.

Effwa Infra & Research ROCE % Historical Data

The historical data trend for Effwa Infra & Research'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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Effwa Infra & Research ROCE % Chart

Effwa Infra & Research Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

24.49

37.77

35.14

61.81

Effwa Infra & Research Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	24.49	37.77	35.14	61.81

Effwa Infra & Research ROCE % Calculation

Effwa Infra & Research'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 )
	=	200.581	/	( ( (647.854 - 381.703)	+	(830.283 - 447.372) )	/ 2 )
	=	200.581	/	( (266.151	+	382.911)	/ 2 )
	=	200.581	/	324.531
	=	61.81 %

Effwa Infra & Research'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	200.581	/	( ( (647.854 - 381.703)	+	(830.283 - 447.372) )	/ 2 )
	=	200.581	/	( ( 266.151	+	382.911 )	/ 2 )
	=	200.581	/	324.531
	=	61.81 %

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

Effwa Infra & Research (NSE:EFFWA) 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.

Effwa Infra & Research ROCE % Related Terms

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Effwa Infra & Research Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Effwa Infra & Research Ltd (NSE:EFFWA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lal Bahadur Shastri Marg, G. No. 7, Vardhman Industrial Complex, Gokul Nagar, Thane West, Thane, MH, IND, 400601

Website

https://www.effwa.co.in

Effwa Infra & Research Ltd is engaged in the business of engineering, consultancy, procurement, construction and integrated project management services in water pollution control, encompassing sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. Additionally, it also function as consultants and advisors, providing a range of services encompassing project organization, management, equipment procurement, funding, and project execution.

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