Marg Projects & Infrastructure (BOM:513648) ROCE % : -0.05% (As of Dec. 2023)

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What is Marg Projects & Infrastructure 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. Marg Projects & Infrastructure's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.05%.

Marg Projects & Infrastructure ROCE % Historical Data

The historical data trend for Marg Projects & Infrastructure'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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Marg Projects & Infrastructure ROCE % Chart

Marg Projects & Infrastructure Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.71

-1.38

-1.06

-0.35

-0.26

Marg Projects & Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-0.04	-0.44	-0.21	-0.33	-0.05

Marg Projects & Infrastructure ROCE % Calculation

Marg Projects & Infrastructure'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 )
	=	-0.411	/	( ( (167.532 - 10.357)	+	(167.49 - 10.725) )	/ 2 )
	=	-0.411	/	( (157.175	+	156.765)	/ 2 )
	=	-0.411	/	156.97
	=	-0.26 %

Marg Projects & Infrastructure's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.084	/	( ( (167.493 - 10.94)	+	(0 - 0) )	/ 1 )
	=	-0.084	/	( ( 156.553	+	0 )	/ 1 )
	=	-0.084	/	156.553
	=	-0.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Marg Projects & Infrastructure (BOM:513648) 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.

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Marg Projects & Infrastructure (BOM:513648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marg Projects & Infrastructure Ltd (BOM:513648) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 57/2B, East Coast Road, Sri Sai Subhodhaya Apartments, Basement, Chennai, TN, IND, 600 041

Website

https://www.margprojects.com

Marg Projects & Infrastructure Ltd provides complete engineering, procurement and construction (EPC) services.

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