Kiran Vyapar (BOM:537750) ROCE % : 5.31% (As of Mar. 2024)

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What is Kiran Vyapar 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. Kiran Vyapar's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.31%.

Kiran Vyapar ROCE % Historical Data

The historical data trend for Kiran Vyapar'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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Kiran Vyapar ROCE % Chart

Kiran Vyapar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.27

10.12

10.00

3.34

4.05

Kiran Vyapar 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															3.38	5.99	2.88	4.46	5.31

Kiran Vyapar ROCE % Calculation

Kiran Vyapar'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 )
	=	734.024	/	( ( (17332.236 - 1520.804)	+	(20430.445 - 18.807) )	/ 2 )
	=	734.024	/	( (15811.432	+	20411.638)	/ 2 )
	=	734.024	/	18111.535
	=	4.05 %

Kiran Vyapar'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 )
	=	1083.592	/	( ( (0 - 0)	+	(20430.445 - 18.807) )	/ 1 )
	=	1083.592	/	( ( 0	+	20411.638 )	/ 1 )
	=	1083.592	/	20411.638
	=	5.31 %

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

Kiran Vyapar (BOM:537750) 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.

Kiran Vyapar ROCE % Related Terms

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Kiran Vyapar (BOM:537750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kiran Vyapar Ltd (BOM:537750) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ATHIVA, Plot No. C2, Sector - III, HUDA Techno Enclave, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.lnbgroup.com

Kiran Vyapar Ltd is a non-banking financial company mainly engaged in the business of providing Loans and making an investment in shares and securities. It carries the business of investments, trading and dealing in shares and securities, mutual funds, financing, and carrying on business in accordance with the regulatory framework. The company's operating segment include Investments and Trading. It generates maximum revenue from the Investments segment which involves buying and selling various kinds of securities and providing loans. The group operates in India.

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