Indian Hotels Co (BOM:500850) ROCE % : 18.24% (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Indian Hotels Co 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. Indian Hotels Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.24%.

Indian Hotels Co ROCE % Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co ROCE % Chart

Indian Hotels Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

8.61

-4.91

1.72

13.50

15.45

Indian Hotels Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															21.44	15.83	10.03	22.52	18.24

Indian Hotels Co ROCE % Calculation

Indian Hotels Co'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 )
	=	18857.5	/	( ( (136687.5 - 21191.5)	+	(148558.3 - 19982.6) )	/ 2 )
	=	18857.5	/	( (115496	+	128575.7)	/ 2 )
	=	18857.5	/	122035.85
	=	15.45 %

Indian Hotels Co'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 )
	=	23447.6	/	( ( (0 - 0)	+	(148558.3 - 19982.6) )	/ 1 )
	=	23447.6	/	( ( 0	+	128575.7 )	/ 1 )
	=	23447.6	/	128575.7
	=	18.24 %

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

Indian Hotels Co (BOM:500850) 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.

Indian Hotels Co ROCE % Related Terms

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

Indian Hotels Co (BOM:500850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Indian Hotels Co Ltd (BOM:500850) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

INDHOTEL:India

Address

Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.ihcltata.com

Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (BOM:500850) Headlines

No Headlines