Gensol Engineering (NSE:GENSOL) ROCE % : 14.58% (As of Dec. 2024)

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What is Gensol Engineering 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. Gensol Engineering's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.58%.

Gensol Engineering ROCE % Historical Data

The historical data trend for Gensol Engineering'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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Gensol Engineering ROCE % Chart

Gensol Engineering Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.32

12.73

17.43

11.02

15.48

Gensol Engineering Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial														18.72	10.46	19.47	26.11	14.58

Gensol Engineering ROCE % Calculation

Gensol Engineering'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 )
	=	1829.8	/	( ( (10658 - 2020)	+	(23278 - 8281.3) )	/ 2 )
	=	1829.8	/	( (8638	+	14996.7)	/ 2 )
	=	1829.8	/	11817.35
	=	15.48 %

Gensol Engineering's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2520.4	/	( ( (25518.4 - 8230.2)	+	(0 - 0) )	/ 1 )
	=	2520.4	/	( ( 17288.2	+	0 )	/ 1 )
	=	2520.4	/	17288.2
	=	14.58 %

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

Gensol Engineering (NSE:GENSOL) 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.

Gensol Engineering ROCE % Related Terms

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Gensol Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gensol Engineering Ltd (NSE:GENSOL) » Definitions » ROCE %

Traded in Other Exchanges

542851:India

Address

S G Road, Block - A, 15th Floor, Westgate Business Bay, Jivraj Park, Makarba, Ahmedabad, GJ, IND, 380051

Website

https://www.gensol.in

Gensol Engineering Ltd is a renewable energy solutions provider focused on end-to-end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India. The company has two operating segments namely Engineering, advisory & EPC of Solar Power Projects, and Leasing of cars. It generates the majority of its revenue from the Engineering, advisory & EPC of Solar Power Projects segment.

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