Revathi Equipment India (NSE:RVTH) ROCE % : 13.21% (As of Dec. 2024)

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What is Revathi Equipment 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. Revathi Equipment India's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.21%.

Revathi Equipment India ROCE % Historical Data

The historical data trend for Revathi Equipment 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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Revathi Equipment India ROCE % Chart

Revathi Equipment India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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11.07

4.75

16.09

31.07

47.79

Revathi Equipment India Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								29.97	58.67	61.13	15.64	13.21

Revathi Equipment India ROCE % Calculation

Revathi Equipment 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 )
	=	462.463	/	( ( (1604.803 - 765.35)	+	(2383.271 - 1287.519) )	/ 2 )
	=	462.463	/	( (839.453	+	1095.752)	/ 2 )
	=	462.463	/	967.6025
	=	47.79 %

Revathi Equipment India'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 )
	=	158	/	( ( (2584.3 - 1388.1)	+	(0 - 0) )	/ 1 )
	=	158	/	( ( 1196.2	+	0 )	/ 1 )
	=	158	/	1196.2
	=	13.21 %

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

Revathi Equipment India (NSE:RVTH) 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.

Revathi Equipment India ROCE % Related Terms

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Revathi Equipment India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Revathi Equipment India Ltd (NSE:RVTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544246:India

Address

Pollachi Road, Malumachampatti Post, Coimbatore, TN, IND, 641050

Website

https://www.revathi.in

Revathi Equipment India Ltd is engaged in providing Drilling Solutions to the Mining, construction, and Quarrying industries. It is the eminent manufacturer of Mining Drilling Rigs, Construction Drilling Rigs and Mining and Quarrying Drilling Rigs thus has focused on making the Drilling work easier. It products include C650 D, C850 D/E, C750 D/E, C615 D, C625 D, etc. Manufacturing of Drill Equipment is the only segment of the company.

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