DCM (BOM:502820) ROCE % : 60.04% (As of Mar. 2024)

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What is DCM 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. DCM's annualized ROCE % for the quarter that ended in Mar. 2024 was 60.04%.

DCM ROCE % Historical Data

The historical data trend for DCM'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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DCM ROCE % Chart

DCM Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-12.29

-64.60

135.34

14.93

19.07

DCM Quarterly Data
	Jun19	Sep19	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															-8.34	3.77	3.67	8.66	60.04

DCM ROCE % Calculation

DCM'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 )
	=	96.5	/	( ( (1139.801 - 640.755)	+	(1133.2 - 620.2) )	/ 2 )
	=	96.5	/	( (499.046	+	513)	/ 2 )
	=	96.5	/	506.023
	=	19.07 %

DCM'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 )
	=	308	/	( ( (0 - 0)	+	(1133.2 - 620.2) )	/ 1 )
	=	308	/	( ( 0	+	513 )	/ 1 )
	=	308	/	513
	=	60.04 %

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

DCM (BOM:502820) 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.

DCM ROCE % Related Terms

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DCM (BOM:502820) Business Description

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DCM:India

Address

20 Manohar Lal Khurana Marg, Plaza - II, Central Square, Unit Nos. 2050 to 2052, 2nd Floor, Bara Hindu Rao, New Delhi, IND, 110008

Website

https://www.dcm.in

DCM Ltd is engaged in the business of Textiles, Grey iron casting, IT Infrastructure Services and Real Estate. The group primarily operates in India. It is primarily involved in the business of manufacturing and supplying castings across all segments in the automotive market and Real Estate activities. The segments of the group are IT services; Real estate and Grey iron casting. The Real Estate segment includes the development at the Company's real estate site at Bara Hindu Rao/ Kishan Ganj, Delhi. Grey iron casting involves grey iron casting manufacturing.

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