Sahaj Fashions (NSE:SAHAJ) ROCE %: 10.22% (As of Mar. 2024)


NSE:SAHAJ Sahaj Fashions Ltd NSE:SAHAJ
7 GF Score
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What is Sahaj Fashions ROCE %?

Sahaj Fashions NSE:SAHAJ 7 ROCE % is 10.22% as of Mar. 2024. GuruFocus rates NSE:SAHAJ with a GF Score™ of 7/100.

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. Sahaj Fashions's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.22%.

Sahaj Fashions  (NSE:SAHAJ) 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.

Sahaj Fashions ROCE % Related Terms

Sahaj Fashions ROCE % Historical Data

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The historical data trend for Sahaj Fashions'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.

Sahaj Fashions ROCE % Chart

Sahaj Fashions Annual Data
Trend Mar23 Mar24
ROCE %
20.59 12.65

Sahaj Fashions Semi-Annual Data
Mar23 Sep23 Mar24
ROCE % 0.00 12.92 10.22
NSE:SAHAJ
7GF Score
Sahaj Fashions Ltd NSE:SAHAJ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sahaj Fashions ROCE % Calculation

Sahaj Fashions'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 )
=51.069/( ( (726.999 - 376.493) + (853.253 - 396.293) )/ 2 )
=51.069/( (350.506+456.96)/ 2 )
=51.069/403.733
=12.65 %

Sahaj Fashions'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: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=48.152/( ( (871.38 - 386.282) + (853.253 - 396.293) )/ 2 )
=48.152/( ( 485.098 + 456.96 )/ 2 )
=48.152/471.029
=10.22 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 10.22% mean?
Sahaj Fashions (NSE:SAHAJ) has a ROCE % of 10.22% as of Mar. 2024.
Is Sahaj Fashions' ROCE % too high?
Sahaj Fashions' current ROCE % is 10.22%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Sahaj Fashions' value of 10.22% is 66.6% above this industry median. Overall, Sahaj Fashions has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Fashions' ROCE % compare to AIN?
Sahaj Fashions' ROCE % of 10.22% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Sahaj Fashions' value of 10.22% is 66.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sahaj Fashions's current ROCE % of 10.22% is 66.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahaj Fashions's current ROCE % is 10.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Fashions stock overvalued right now?
Sahaj Fashions (NSE:SAHAJ) has a current ROCE % of 10.22%. The current ROCE % is 10.22% and 66.6% above the Manufacturing - Apparel & Accessories industry median of 6.14. Sahaj Fashions' overall GF Score™ is 7/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Sahaj Fashions (NSE:SAHAJ), the current ROCE % is 10.22% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sahaj Fashions Business Description

Address Ajmer Road, Shree Bhawan, Madanganj, Kishangarh, RJ, IND, 305801
Sahaj Fashions Ltd is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings, and industrial applications, etc. It manufactures cotton suiting fabric and cotton shirting fabric apart from polyster based and cotton-polyster blended fabrics.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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