Reliance Industrial Infrastructure (BOM:523445) ROCE % : -1.85% (As of Mar. 2024)

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What is Reliance Industrial 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. Reliance Industrial Infrastructure's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.85%.

Reliance Industrial Infrastructure ROCE % Historical Data

The historical data trend for Reliance Industrial 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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Reliance Industrial Infrastructure ROCE % Chart

Reliance Industrial Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.73

-1.89

-1.33

-0.68

-1.88

Reliance Industrial Infrastructure 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															-0.26	-2.82	-1.72	-1.25	-1.85

Reliance Industrial Infrastructure ROCE % Calculation

Reliance Industrial Infrastructure'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 )
	=	-87.623	/	( ( (4764.942 - 330.46)	+	(5336.481 - 432.597) )	/ 2 )
	=	-87.623	/	( (4434.482	+	4903.884)	/ 2 )
	=	-87.623	/	4669.183
	=	-1.88 %

Reliance Industrial Infrastructure'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 )
	=	-90.576	/	( ( (0 - 0)	+	(5336.481 - 432.597) )	/ 1 )
	=	-90.576	/	( ( 0	+	4903.884 )	/ 1 )
	=	-90.576	/	4903.884
	=	-1.85 %

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

Reliance Industrial Infrastructure (BOM:523445) 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.

Reliance Industrial Infrastructure ROCE % Related Terms

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Reliance Industrial Infrastructure (BOM:523445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Industrial Infrastructure Ltd (BOM:523445) » Definitions » ROCE %

Traded in Other Exchanges

RIIL:India

Address

Babubhai Chinai Road, 5th Floor, NKM International House, 178 Backbay Reclamation, Behind LIC Yogakshema Building, Mumbai, MH, IND, 400 020

Website

https://www.riil.in

Reliance Industrial Infrastructure Ltd is engaged in the business of setting up and operating industrial infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. Its revenue from operations includes Product Transportation Services, Hiring Construction Machinery, IT Support Services, and Others.

Reliance Industrial Infrastructure (BOM:523445) Headlines

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