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Vishnusurya Projects and Infra (NSE:VISHNUINFR) ROCE % : 34.44% (As of Mar. 2023)


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What is Vishnusurya Projects and Infra 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. Vishnusurya Projects and Infra's annualized ROCE % for the quarter that ended in Mar. 2023 was 34.44%.


Vishnusurya Projects and Infra ROCE % Historical Data

The historical data trend for Vishnusurya Projects and Infra'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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Vishnusurya Projects and Infra ROCE % Chart

Vishnusurya Projects and Infra Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
13.31 54.23 34.44

Vishnusurya Projects and Infra Semi-Annual Data
Mar21 Mar22 Mar23
ROCE % 13.31 54.23 34.44

Vishnusurya Projects and Infra ROCE % Calculation

Vishnusurya Projects and Infra'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 )
=264.357/( ( (1184.939 - 497.358) + (1210.528 - 362.948) )/ 2 )
=264.357/( (687.581+847.58)/ 2 )
=264.357/767.5805
=34.44 %

Vishnusurya Projects and Infra's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=264.357/( ( (1184.939 - 497.358) + (1210.528 - 362.948) )/ 2 )
=264.357/( ( 687.581 + 847.58 )/ 2 )
=264.357/767.5805
=34.44 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) 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.


Vishnusurya Projects and Infra  (NSE:VISHNUINFR) 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.


Vishnusurya Projects and Infra ROCE % Related Terms

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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Business Description

Traded in Other Exchanges
N/A
Address
North Mada Street, 2nd Floor, Qbas Temple Tower, No. 76/25, Mylapore, Chennai, TN, IND, 600 004
Vishnusurya Projects and Infra Ltd is engaged in the mining of rough stones and the manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu.

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