Mahindra Holidays & Resorts India (NSE:MHRIL) ROCE % : 7.16% (As of Mar. 2024)

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What is Mahindra Holidays & Resorts India 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 Holidays & Resorts India's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.16%.

Mahindra Holidays & Resorts India ROCE % Historical Data

The historical data trend for Mahindra Holidays & Resorts India'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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Mahindra Holidays & Resorts India ROCE % Chart

Mahindra Holidays & Resorts India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.86

1.30

2.96

3.88

3.87

Mahindra Holidays & Resorts India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.28	5.68	3.62	2.74	7.16

Mahindra Holidays & Resorts India ROCE % Calculation

Mahindra Holidays & Resorts India'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 )
	=	2917.23	/	( ( (93170.702 - 15918.183)	+	(98464.396 - 25026.155) )	/ 2 )
	=	2917.23	/	( (77252.519	+	73438.241)	/ 2 )
	=	2917.23	/	75345.38
	=	3.87 %

Mahindra Holidays & Resorts India'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 )
	=	5261.12	/	( ( (0 - 0)	+	(98464.396 - 25026.155) )	/ 1 )
	=	5261.12	/	( ( 0	+	73438.241 )	/ 1 )
	=	5261.12	/	73438.241
	=	7.16 %

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

Mahindra Holidays & Resorts India (NSE:MHRIL) 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 Holidays & Resorts India ROCE % Related Terms

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Mahindra Holidays & Resorts India (NSE:MHRIL) Business Description

Industry

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533088:India

Address

Dr. G.M. Bhosle Marg, P.K. Kurne Chowk, Mahindra Towers, 1st Floor, A Wing, Worli, Mumbai, MH, IND, 400 018

Website

https://www.clubmahindra.com

Mahindra Holidays & Resorts India Ltd is a resort and casino company that operates timeshares. The company's operating segment includes Mahindra Holidays and Resorts India Limited (MHRIL) and Holiday Club Resorts Oy (HCRO). It generates maximum revenue from the HCRO segment. The business sells family-based timeshares and has a variety of vacation options, such as water sports, adventure sports, hobby programs, and camping. It has a network of resorts that have beaches, wildlife sanctuaries, and cultural landmarks.

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