Sahasra Electronic Solutions (NSE:SAHASRA) ROCE % : 47.78% (As of Mar. 2024)

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What is Sahasra Electronic Solutions 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. Sahasra Electronic Solutions's annualized ROCE % for the quarter that ended in Mar. 2024 was 47.78%.

Sahasra Electronic Solutions ROCE % Historical Data

The historical data trend for Sahasra Electronic Solutions'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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Sahasra Electronic Solutions ROCE % Chart

Sahasra Electronic Solutions Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

16.43

13.78

47.78

Sahasra Electronic Solutions Semi-Annual Data
	Mar22	Mar23	Mar24
ROCE %	16.43	13.78	47.78

Sahasra Electronic Solutions ROCE % Calculation

Sahasra Electronic Solutions'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 )
	=	302.939	/	( ( (482.023 - 276.662)	+	(1807.103 - 744.503) )	/ 2 )
	=	302.939	/	( (205.361	+	1062.6)	/ 2 )
	=	302.939	/	633.9805
	=	47.78 %

Sahasra Electronic Solutions'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 )
	=	302.939	/	( ( (482.023 - 276.662)	+	(1807.103 - 744.503) )	/ 2 )
	=	302.939	/	( ( 205.361	+	1062.6 )	/ 2 )
	=	302.939	/	633.9805
	=	47.78 %

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

Sahasra Electronic Solutions (NSE:SAHASRA) 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.

Sahasra Electronic Solutions ROCE % Related Terms

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Sahasra Electronic Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sahasra Electronic Solutions Ltd (NSE:SAHASRA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot no. 68AA, Noida Special Economic Zone, Sector-82, Nepz Post Office, Gautam Buddha Nagar, Noida, UP, IND, 201305

Website

https://www.seslimited.in

Sahasra Electronic Solutions Ltd is engaged in providing solutions towards electronics system design and manufacturing (ESDM) services at its manufacturing plant. The company provides products and solutions right from the printed circuit board (PCB) assembly, Box Build, LED lighting, Memory, IT accessories, computer and IT hardware. The company generates the majority of its revenue from North America.

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