Sahana System (NSE:SAHANA) ROCE % : 69.04% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Sahana System 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. Sahana System's annualized ROCE % for the quarter that ended in Mar. 2024 was 69.04%.

Sahana System ROCE % Historical Data

The historical data trend for Sahana System'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.

* Premium members only.

Sahana System ROCE % Chart

Sahana System Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

6,790.91

874.38

117.83

118.63

69.04

Sahana System Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
ROCE %	6,790.91	874.38	117.83	118.63	69.04

Sahana System ROCE % Calculation

Sahana System'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 )
	=	231.177	/	( ( (241.261 - 135.5)	+	(960.486 - 396.544) )	/ 2 )
	=	231.177	/	( (105.761	+	563.942)	/ 2 )
	=	231.177	/	334.8515
	=	69.04 %

Sahana System'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	231.177	/	( ( (241.261 - 135.5)	+	(960.486 - 396.544) )	/ 2 )
	=	231.177	/	( ( 105.761	+	563.942 )	/ 2 )
	=	231.177	/	334.8515
	=	69.04 %

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

Sahana System (NSE:SAHANA) 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.

Sahana System ROCE % Related Terms

Thank you for viewing the detailed overview of Sahana System's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sahana System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sahana System Ltd (NSE:SAHANA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sal Hospital Road, 1301, Maple Trade Centre, Nr. Surdhara Circle, Memnagar, Thaltej, Ahmedabad, GJ, IND, 380052

Website

https://www.sahanasystem.com

Sahana System Ltd is engaged in the business of offering IT-related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI-UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services. The company is also engaged in the trading of hardware instruments related to Franking Machines, Computers, LEDs, Laptops, and others. The segments of the company are IT Services and Hardware Trading.

Sahana System Headlines

No Headlines