Vinsys IT Services India (NSE:VINSYS) ROCE % : 31.00% (As of Mar. 2024)

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What is Vinsys IT Services 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. Vinsys IT Services India's annualized ROCE % for the quarter that ended in Mar. 2024 was 31.00%.

Vinsys IT Services India ROCE % Historical Data

The historical data trend for Vinsys IT Services 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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Vinsys IT Services India ROCE % Chart

Vinsys IT Services India Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

10.99

9.48

65.46

33.30

Vinsys IT Services India Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			-	59.34	67.58	22.28	31.00

Vinsys IT Services India ROCE % Calculation

Vinsys IT Services 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 )
	=	267.895	/	( ( (727.061 - 292.161)	+	(1379.564 - 205.697) )	/ 2 )
	=	267.895	/	( (434.9	+	1173.867)	/ 2 )
	=	267.895	/	804.3835
	=	33.30 %

Vinsys IT Services India'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 )
	=	359.63	/	( ( (1322.949 - 176.451)	+	(1379.564 - 205.697) )	/ 2 )
	=	359.63	/	( ( 1146.498	+	1173.867 )	/ 2 )
	=	359.63	/	1160.1825
	=	31.00 %

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

Vinsys IT Services India (NSE:VINSYS) 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.

Vinsys IT Services India ROCE % Related Terms

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Vinsys IT Services India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vinsys IT Services India Ltd (NSE:VINSYS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. No. 28/11- 12, Shivaji Niketan, C.T.S. No. 458A, Tejas Housing Society, Near Mantri Park Behind Kothrud Bus Stand, Kothrud, Pune, MH, IND, 411038

Website

https://www.vinsys.com

Vinsys IT Services India Ltd is engaged in the IT business. The core competencies of the company include Training and Certifications, Digital Learning, IT Services, Business Academy, and technology training. The company is dedicated to becoming an accredited training service provider to meet the growing demand for training and workforce development. The company specializes in corporate training and consulting across a broad range of domains. The company caters to professionals across all industries and domains and offers assistance to organizations in formulating their learning and development strategies.

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