Aditya Birla Sun Life AMC (BOM:543374) ROCE % : 31.30% (As of Mar. 2024)

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What is Aditya Birla Sun Life AMC 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. Aditya Birla Sun Life AMC's annualized ROCE % for the quarter that ended in Mar. 2024 was 31.30%.

Aditya Birla Sun Life AMC ROCE % Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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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Aditya Birla Sun Life AMC ROCE % Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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49.06

44.13

44.74

32.92

33.62

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												28.08	37.24	32.14	35.71	31.30

Aditya Birla Sun Life AMC ROCE % Calculation

Aditya Birla Sun Life AMC'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 )
	=	10137.8	/	( ( (27881.288 - 1983.185)	+	(35018.5 - 610.8) )	/ 2 )
	=	10137.8	/	( (25898.103	+	34407.7)	/ 2 )
	=	10137.8	/	30152.9015
	=	33.62 %

Aditya Birla Sun Life AMC'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 )
	=	10769.6	/	( ( (0 - 0)	+	(35018.5 - 610.8) )	/ 1 )
	=	10769.6	/	( ( 0	+	34407.7 )	/ 1 )
	=	10769.6	/	34407.7
	=	31.30 %

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

Aditya Birla Sun Life AMC (BOM:543374) 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.

Aditya Birla Sun Life AMC ROCE % Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aditya Birla Sun Life AMC Ltd (BOM:543374) » Definitions » ROCE %

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ABSLAMC:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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