Raminfo (BOM:530951) ROCE % : 38.12% (As of Dec. 2023)

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What is Raminfo 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. Raminfo's annualized ROCE % for the quarter that ended in Dec. 2023 was 38.12%.

Raminfo ROCE % Historical Data

The historical data trend for Raminfo'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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Raminfo ROCE % Chart

Raminfo Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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15.07

7.49

13.63

46.65

29.70

Raminfo 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															39.37	6.15	29.17	44.04	38.12

Raminfo ROCE % Calculation

Raminfo'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 )
	=	88.549	/	( ( (973.332 - 703.705)	+	(1092.918 - 766.224) )	/ 2 )
	=	88.549	/	( (269.627	+	326.694)	/ 2 )
	=	88.549	/	298.1605
	=	29.70 %

Raminfo'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 )
	=	135.232	/	( ( (1064.974 - 710.21)	+	(0 - 0) )	/ 1 )
	=	135.232	/	( ( 354.764	+	0 )	/ 1 )
	=	135.232	/	354.764
	=	38.12 %

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

Raminfo (BOM:530951) 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.

Raminfo ROCE % Related Terms

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Raminfo (BOM:530951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Raminfo Ltd (BOM:530951) » Definitions » ROCE %

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Address

Kavuri Hills, GB PET Phase 2, 3-225/SH/401, 4th Floor, Sterling Heights, Mahindra Mind Space, Hyderabad, TG, IND, 500033

Website

http://www.raminfo.com

Raminfo Ltd is an India-based information technology company. The company provides end-to-end technology and technology-related services on a broad range of Hardware and Software platforms. The company offers its products and services to industries, such as government, healthcare, energy, agriculture, banking, tourism, logistics, and defense.

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