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RBM Infracon (NSE:RBMINFRA) ROCE % : 29.45% (As of Mar. 2023)


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What is RBM Infracon 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. RBM Infracon's annualized ROCE % for the quarter that ended in Mar. 2023 was 29.45%.


RBM Infracon ROCE % Historical Data

The historical data trend for RBM Infracon'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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RBM Infracon ROCE % Chart

RBM Infracon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROCE %
7.78 -14.78 48.05 29.45

RBM Infracon Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
ROCE % 7.78 -14.78 48.05 29.45

RBM Infracon ROCE % Calculation

RBM Infracon's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=40.29/( ( (250.526 - 176.188) + (413.521 - 214.254) )/ 2 )
=40.29/( (74.338+199.267)/ 2 )
=40.29/136.8025
=29.45 %

RBM Infracon's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=40.29/( ( (250.526 - 176.188) + (413.521 - 214.254) )/ 2 )
=40.29/( ( 74.338 + 199.267 )/ 2 )
=40.29/136.8025
=29.45 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) 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.


RBM Infracon  (NSE:RBMINFRA) 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.


RBM Infracon ROCE % Related Terms

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RBM Infracon Business Description

Traded in Other Exchanges
N/A
Address
C/O Rahul Mani Tripathi Mb Complex, Main Road, Baitalpur, UP, IND, 274201
RBM Infracon Ltd is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers. The company is involved in ARC (Annual Rate Contracts) Mechanical job (Static +Rotary) at Nayara in different plant like crude Crude ( CDU-VDU) , DHDS, FCCU, NHT-CCR, HMU-I & II , VGO -DHDT-ISOM , CPP ( Boiler , Piping HT job with IBR coordination ) , DCU( Coker) Utility , Off site , RTF (Pit area) dispatch , Rail and Jetty with around 650 Manpower and also involve in ARC maintenance job in RIL-Jamnagar and YARA-Babrala.

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