Gujarat Pipavav Port (BOM:533248) ROCE % : 14.53% (As of Mar. 2024)

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What is Gujarat Pipavav Port 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. Gujarat Pipavav Port's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.53%.

Gujarat Pipavav Port ROCE % Historical Data

The historical data trend for Gujarat Pipavav Port'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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Gujarat Pipavav Port ROCE % Chart

Gujarat Pipavav Port Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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16.50

13.80

12.65

16.61

19.00

Gujarat Pipavav Port 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															19.64	14.43	22.88	23.96	14.53

Gujarat Pipavav Port ROCE % Calculation

Gujarat Pipavav Port'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 )
	=	4888.03	/	( ( (28692.77 - 2896.1)	+	(29364.98 - 3714.29) )	/ 2 )
	=	4888.03	/	( (25796.67	+	25650.69)	/ 2 )
	=	4888.03	/	25723.68
	=	19.00 %

Gujarat Pipavav Port'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 )
	=	3726.68	/	( ( (0 - 0)	+	(29364.98 - 3714.29) )	/ 1 )
	=	3726.68	/	( ( 0	+	25650.69 )	/ 1 )
	=	3726.68	/	25650.69
	=	14.53 %

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

Gujarat Pipavav Port (BOM:533248) 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.

Gujarat Pipavav Port ROCE % Related Terms

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Gujarat Pipavav Port (BOM:533248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gujarat Pipavav Port Ltd (BOM:533248) » Definitions » ROCE %

Traded in Other Exchanges

GPPL:India

Address

501-502, Godrej Two Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400079

Website

https://www.pipavav.com

Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs maintains and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas; and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, and cargo storage and warehousing services. It operates only in one Business Segment i.e. 'Port Services'. The company is headquartered in India and generates revenue domestically.

Gujarat Pipavav Port (BOM:533248) Headlines

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