Godrej Properties (NSE:GODREJPROP) ROCE % : 6.93% (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Godrej Properties 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. Godrej Properties's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.93%.

Godrej Properties ROCE % Historical Data

The historical data trend for Godrej Properties'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.

Godrej Properties ROCE % Chart

Godrej Properties Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

18.66

0.12

6.29

9.10

7.95

Godrej Properties Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															4.52	11.31	23.29	6.96	6.93

Godrej Properties ROCE % Calculation

Godrej Properties'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 )
	=	8873.3	/	( ( (231053 - 137861.6)	+	(357348.6 - 227319.4) )	/ 2 )
	=	8873.3	/	( (93191.4	+	130029.2)	/ 2 )
	=	8873.3	/	111610.3
	=	7.95 %

Godrej Properties'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 )
	=	10506.8	/	( ( (426040 - 274404.5)	+	(0 - 0) )	/ 1 )
	=	10506.8	/	( ( 151635.5	+	0 )	/ 1 )
	=	10506.8	/	151635.5
	=	6.93 %

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

Godrej Properties (NSE:GODREJPROP) 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.

Godrej Properties ROCE % Related Terms

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

Godrej Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Godrej Properties Ltd (NSE:GODREJPROP) » Definitions » ROCE %

Traded in Other Exchanges

533150:India

Address

Eastern Express Highway, Godrej One, 5th Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079

Website

https://www.godrejproperties.com

Godrej Properties Ltd develops residential, commercial, and township properties in multiple cities. The company derives a majority of its revenue from the sale of properties. Other operating sources of revenue include the sale of services, compensation received from projects, and lease rents. The company's operations occur in two main business areas Residential Real Estate and Commercial Real Estate. The company takes on projects in each of these segments. Some of the company's Residential Real Estate projects include Godrej Garden City, Godrej Prakriti, and Godrej Palm Grove. The company's key Commercial Real Estate projects include Godrej BKC and Godrej Eternia. The company generates a majority of its revenue from India.

Godrej Properties Headlines

No Headlines