PTC India (BOM:532524) ROCE % : 10.44% (As of Dec. 2023)

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What is PTC 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. PTC India's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.44%.

PTC India ROCE % Historical Data

The historical data trend for PTC 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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PTC India ROCE % Chart

PTC India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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15.01

12.52

12.02

12.20

11.44

PTC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															10.33	11.49	12.38	16.18	10.44

PTC India ROCE % Calculation

PTC India's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	12799.9	/	( ( (198819.5 - 82642.1)	+	(166296 - 58671.2) )	/ 2 )
	=	12799.9	/	( (116177.4	+	107624.8)	/ 2 )
	=	12799.9	/	111901.1
	=	11.44 %

PTC India's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	10634.4	/	( ( (171657.2 - 69824.9)	+	(0 - 0) )	/ 1 )
	=	10634.4	/	( ( 101832.3	+	0 )	/ 1 )
	=	10634.4	/	101832.3
	=	10.44 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

PTC India (BOM:532524) 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.

PTC India ROCE % Related Terms

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PTC India (BOM:532524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PTC India Ltd (BOM:532524) » Definitions » ROCE %

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PTC:India

Address

15 Bhikaji Cama Place, 2nd Floor, NBCC Tower, New Delhi, IND, 110 066

Website

https://www.ptcindia.com

PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources and fuel related infrastructure. The company derives the majority of its revenue from India.

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