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Mahindra Logistics (NSE:MAHLOG) ROCE % : 8.00% (As of Dec. 2024)


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What is Mahindra Logistics 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. Mahindra Logistics's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.00%.


Mahindra Logistics ROCE % Historical Data

The historical data trend for Mahindra Logistics'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.

Mahindra Logistics ROCE % Chart

Mahindra Logistics 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 16.24 8.15 6.96 8.74 3.87

Mahindra Logistics 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 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 2.56 3.18 6.58 5.41 8.00

Mahindra Logistics ROCE % Calculation

Mahindra Logistics'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 )
=417.7/( ( (25529.4 - 14280) + (24772 - 14437.5) )/ 2 )
=417.7/( (11249.4+10334.5)/ 2 )
=417.7/10791.95
=3.87 %

Mahindra Logistics'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 )
=837.2/( ( (25955.2 - 15488.2) + (0 - 0) )/ 1 )
=837.2/( ( 10467 + 0 )/ 1 )
=837.2/10467
=8.00 %

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


Mahindra Logistics  (NSE:MAHLOG) 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.


Mahindra Logistics ROCE % Related Terms

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Mahindra Logistics Business Description

Traded in Other Exchanges
Address
Jogeshwari Vikhroli Link Road, 10th & 11th Floor, Arena Space, Near Majas Bus Depot, Jogeshwari (East), Mumbai, MH, IND, 400060
Mahindra Logistics Ltd is a domestic third-party logistics service provider. It operates in two business segments including Supply Chain Management Business, and Enterprise Mobility Service. The Supply chain management offers customized and end-to-end goods logistics solutions and services including transportation and distribution, warehousing, in-factory logistics, and value-added services. Enterprise Mobility Service provides technology-enabled and customized solutions for the daily pick-up and drop requirements of enterprises. The company derives the majority of its revenue from the Supply chain management segment.

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