Network People Services Technologies (NSE:NPST) ROCE % : 77.10% (As of Sep. 2023)

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What is Network People Services Technologies 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. Network People Services Technologies's annualized ROCE % for the quarter that ended in Sep. 2023 was 77.10%.

Network People Services Technologies ROCE % Historical Data

The historical data trend for Network People Services Technologies'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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Network People Services Technologies ROCE % Chart

Network People Services Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

37.61

25.66

21.47

13.02

32.95

Network People Services Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial				11.70	9.88	10.34	55.74	77.10

Network People Services Technologies ROCE % Calculation

Network People Services Technologies'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 )
	=	87.471	/	( ( (303.617 - 72.644)	+	(390.672 - 90.769) )	/ 2 )
	=	87.471	/	( (230.973	+	299.903)	/ 2 )
	=	87.471	/	265.438
	=	32.95 %

Network People Services Technologies'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 )
	=	272.466	/	( ( (390.672 - 90.769)	+	(539.36 - 132.472) )	/ 2 )
	=	272.466	/	( ( 299.903	+	406.888 )	/ 2 )
	=	272.466	/	353.3955
	=	77.10 %

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

Network People Services Technologies (NSE:NPST) 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.

Network People Services Technologies ROCE % Related Terms

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Network People Services Technologies (NSE:NPST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Network People Services Technologies Ltd (NSE:NPST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 22, 306, 3rd Floor, Lodha Supremus II, Wagle Industrial Estate, Thane (West), Mumbai, MH, IND, 400604

Website

https://www.npstx.com

Network People Services Technologies Ltd is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. It offers digital transformation solutions such as IMPS, Digital Wallet, UPI, and other smart art solutions. The company further offers software designing, consulting, development, and manpower provisioning services.

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