P N Gadgil Jewellers (NSE:PNGJL) ROCE % : 21.70% (As of Sep. 2024)

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What is P N Gadgil Jewellers 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. P N Gadgil Jewellers's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.70%.

P N Gadgil Jewellers ROCE % Historical Data

The historical data trend for P N Gadgil Jewellers'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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P N Gadgil Jewellers ROCE % Chart

P N Gadgil Jewellers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

13.95

34.31

33.62

42.66

P N Gadgil Jewellers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	30.26	54.74	21.70

P N Gadgil Jewellers ROCE % Calculation

P N Gadgil Jewellers'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 )
	=	2533.05	/	( ( (10625.52 - 5590.35)	+	(14649.79 - 7808.98) )	/ 2 )
	=	2533.05	/	( (5035.17	+	6840.81)	/ 2 )
	=	2533.05	/	5937.99
	=	42.66 %

P N Gadgil Jewellers's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	2374.42	/	( ( (14649.79 - 7808.98)	+	(24948.29 - 9900.59) )	/ 2 )
	=	2374.42	/	( ( 6840.81	+	15047.7 )	/ 2 )
	=	2374.42	/	10944.255
	=	21.70 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

P N Gadgil Jewellers (NSE:PNGJL) 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.

P N Gadgil Jewellers ROCE % Related Terms

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P N Gadgil Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » P N Gadgil Jewellers Ltd (NSE:PNGJL) » Definitions » ROCE %

Traded in Other Exchanges

544256:India

Address

Chitrashala Chowk Laxmi Road, PNG Vishwa, 359, Narayan Peth, Pune, MH, IND, 411 030

Website

https://www.pngjewellers.com

P N Gadgil Jewellers Ltd offers a wide range of precious metal/jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the needs of its customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. The company's products are primarily sold under its flagship brand, PNG, and various sub-brands, through multiple channels, including its approximately 33 retail stores and various online marketplaces, including the website.

P N Gadgil Jewellers Headlines

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