Sai Silks (Kalamandir) (BOM:543989) ROCE % : 17.22% (As of Sep. 2023)

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What is Sai Silks (Kalamandir) 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. Sai Silks (Kalamandir)'s annualized ROCE % for the quarter that ended in Sep. 2023 was 17.22%.

Sai Silks (Kalamandir) ROCE % Historical Data

The historical data trend for Sai Silks (Kalamandir)'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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Sai Silks (Kalamandir) ROCE % Chart

Sai Silks (Kalamandir) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

25.04

11.31

25.14

31.52

Sai Silks (Kalamandir) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	33.76	29.88	17.22

Sai Silks (Kalamandir) ROCE % Calculation

Sai Silks (Kalamandir)'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 )
	=	1769.65	/	( ( (10566.55 - 5818.62)	+	(12204.5 - 5725.3) )	/ 2 )
	=	1769.65	/	( (4747.93	+	6479.2)	/ 2 )
	=	1769.65	/	5613.565
	=	31.52 %

Sai Silks (Kalamandir)'s ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	1629.42	/	( ( (12204.5 - 5725.3)	+	(19000.38 - 6556.9) )	/ 2 )
	=	1629.42	/	( ( 6479.2	+	12443.48 )	/ 2 )
	=	1629.42	/	9461.34
	=	17.22 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Sai Silks (Kalamandir) (BOM:543989) 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.

Sai Silks (Kalamandir) ROCE % Related Terms

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Sai Silks (Kalamandir) (BOM:543989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KALAMANDIR:India

Address

6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016

Website

https://www.sskl.co.in

Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

Sai Silks (Kalamandir) (BOM:543989) Headlines

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