Shelter Infra Projects (BOM:526839) ROCE % : -14.86% (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Shelter Infra Projects 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. Shelter Infra Projects's annualized ROCE % for the quarter that ended in Mar. 2024 was -14.86%.

Shelter Infra Projects ROCE % Historical Data

The historical data trend for Shelter Infra Projects'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.

Shelter Infra Projects ROCE % Chart

Shelter Infra Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-2.83

27.70

-5.83

-8.02

-3.81

Shelter Infra Projects Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-27.87	2.73	-0.86	-2.64	-14.86

Shelter Infra Projects ROCE % Calculation

Shelter Infra Projects'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 )
	=	-1.741	/	( ( (423.92 - 376.866)	+	(409.972 - 365.68) )	/ 2 )
	=	-1.741	/	( (47.054	+	44.292)	/ 2 )
	=	-1.741	/	45.673
	=	-3.81 %

Shelter Infra Projects'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-6.584	/	( ( (0 - 0)	+	(409.972 - 365.68) )	/ 1 )
	=	-6.584	/	( ( 0	+	44.292 )	/ 1 )
	=	-6.584	/	44.292
	=	-14.86 %

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

Shelter Infra Projects (BOM:526839) 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.

Shelter Infra Projects ROCE % Related Terms

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

Shelter Infra Projects (BOM:526839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shelter Infra Projects Ltd (BOM:526839) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eternity Building, DN-1, Salt Lake City, Sector-V, Kolkata, WB, IND, 700091

Website

https://www.ccapltd.in

Shelter Infra Projects Ltd is engaged in the design and construction of projects related to civil, mechanical, and electrical engineering in India. The company undertakes projects like highway and railway structures, flyovers, tunnels, pipelines, underground storage reservoirs, industrial cooling towers, irrigation structures, and others. It generates maximum revenue from the rental segment.

Shelter Infra Projects (BOM:526839) Headlines

No Headlines