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Kalyan Jewellers India (BOM:543278) ROCE % : 19.98% (As of Mar. 2024)


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What is Kalyan Jewellers 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. Kalyan Jewellers India's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.98%.


Kalyan Jewellers India ROCE % Historical Data

The historical data trend for Kalyan Jewellers 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.

* Premium members only.

Kalyan Jewellers India ROCE % Chart

Kalyan Jewellers India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 20.12 12.46 16.60 21.56 23.22

Kalyan Jewellers India Quarterly Data
Mar18 Mar19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.10 24.91 22.10 27.23 19.98

Kalyan Jewellers India ROCE % Calculation

Kalyan Jewellers India'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 )
=11120.66/( ( (107129.37 - 63687.15) + (128177.35 - 75827.89) )/ 2 )
=11120.66/( (43442.22+52349.46)/ 2 )
=11120.66/47895.84
=23.22 %

Kalyan Jewellers India'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 )
=10459.28/( ( (0 - 0) + (128177.35 - 75827.89) )/ 1 )
=10459.28/( ( 0 + 52349.46 )/ 1 )
=10459.28/52349.46
=19.98 %

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

* 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.


Kalyan Jewellers India  (BOM:543278) 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.


Kalyan Jewellers India ROCE % Related Terms

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Kalyan Jewellers India (BOM:543278) Business Description

Traded in Other Exchanges
Address
TC-32/204/2, Sitaram Mill Road, Punkunnam, Thrissur, KL, IND, 680 002
Kalyan Jewellers India Ltd is a Jewellery companies. The business activities of the company is to design, manufacture, and sell a variety of gold, studded and other jewellery products for various occasions such as wedding, festivals and others. It operates in a single segment namely the jewellery business.

Kalyan Jewellers India (BOM:543278) Headlines

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