India Infrastructure Trust (BOM:542543) ROCE % : 23.64% (As of Sep. 2023)

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What is India Infrastructure Trust 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. India Infrastructure Trust's annualized ROCE % for the quarter that ended in Sep. 2023 was 23.64%.

India Infrastructure Trust ROCE % Historical Data

The historical data trend for India Infrastructure Trust'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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India Infrastructure Trust ROCE % Chart

India Infrastructure Trust Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.61

1.00

7.67

10.71

India Infrastructure Trust Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial								8.85	6.41	9.88	12.45	23.64

India Infrastructure Trust ROCE % Calculation

India Infrastructure Trust'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 )
	=	11349.4	/	( ( (157844.7 - 14535.3)	+	(149189.3 - 80643.3) )	/ 2 )
	=	11349.4	/	( (143309.4	+	68546)	/ 2 )
	=	11349.4	/	105927.7
	=	10.71 %

India Infrastructure Trust's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	16201.4	/	( ( (149189.3 - 80643.3)	+	(0 - 0) )	/ 1 )
	=	16201.4	/	( ( 68546	+	0 )	/ 1 )
	=	16201.4	/	68546
	=	23.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

India Infrastructure Trust (BOM:542543) 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.

India Infrastructure Trust ROCE % Related Terms

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India Infrastructure Trust (BOM:542543) Business Description

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Address

Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304, Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, MH, IND, 400 706

Website

https://www.indinfratrust.com

India Infrastructure Trust is a registered infrastructure investment trust set up in order to invest in infrastructure projects. The initial portfolio asset of the Trust is proposed to be a pipeline system used for the transport of natural gas, with the potential to induct new assets in due course.

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