Servotech Renewable Power System (NSE:SERVOTECH) ROCE % : 30.22% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Servotech Renewable Power 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. Servotech Renewable Power System's annualized ROCE % for the quarter that ended in Dec. 2024 was 30.22%.

Servotech Renewable Power System ROCE % Historical Data

The historical data trend for Servotech Renewable Power 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.

Servotech Renewable Power System ROCE % Chart

Servotech Renewable Power System Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

8.64

7.66

12.41

22.72

14.97

Servotech Renewable Power System Quarterly Data
	Sep18	Mar19	Sep19	Mar20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.21	12.08	18.62	35.39	30.22

Servotech Renewable Power System ROCE % Calculation

Servotech Renewable Power 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 )
	=	190.474	/	( ( (1667.426 - 750.186)	+	(2765.174 - 1137.76) )	/ 2 )
	=	190.474	/	( (917.24	+	1627.414)	/ 2 )
	=	190.474	/	1272.327
	=	14.97 %

Servotech Renewable Power System'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 )
	=	608.288	/	( ( (3488.561 - 1475.822)	+	(0 - 0) )	/ 1 )
	=	608.288	/	( ( 2012.739	+	0 )	/ 1 )
	=	608.288	/	2012.739
	=	30.22 %

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

Servotech Renewable Power System (NSE:SERVOTECH) 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.

Servotech Renewable Power System ROCE % Related Terms

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

Servotech Renewable Power System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Servotech Renewable Power System Ltd (NSE:SERVOTECH) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

806, 8th Floor, Crown Heights, Sector 10, Rohini, Hotel Charted Accountants Crown Plaza, New Delhi, IND, 110085

Website

https://www.servotech.in

Servotech Renewable Power System Ltd, formerly Servotech Power Systems Ltd is an Indian company in manufacturing, trading, and exporting LED, UPS, Solar Products & Flameproof LED Lights. The firm is engaged in the production, development, and marketing of both indoor and outdoor LED lighting products, solar products, and Ultraviolet C products. The product portfolio of the company includes LED tube lights and bulbs, street lights, floodlights, canopy lights, yard lights, FLP tubes, hoarding lights, system controllers, UPS, solar charge controllers, solar rooftops, UV Disinfection Lamp, UV Disinfection Handheld, UV Disinfection Truck, Sterilization Box, UVC RoboTruk and UVLEN based on far UVC technology and others. Substantial revenue is derived from domestic sales.

Servotech Renewable Power System Headlines

No Headlines