GPT Infraprojects (NSE:GPTINFRA) ROCE % : 35.17% (As of Mar. 2024)

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What is GPT Infraprojects 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. GPT Infraprojects's annualized ROCE % for the quarter that ended in Mar. 2024 was 35.17%.

GPT Infraprojects ROCE % Historical Data

The historical data trend for GPT Infraprojects'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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GPT Infraprojects ROCE % Chart

GPT Infraprojects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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21.28

22.78

20.34

20.77

31.11

GPT Infraprojects 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															24.14	28.86	30.35	28.55	35.17

GPT Infraprojects ROCE % Calculation

GPT Infraprojects'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 )
	=	1118.407	/	( ( (7819.877 - 4242.354)	+	(7277.71 - 3665.324) )	/ 2 )
	=	1118.407	/	( (3577.523	+	3612.386)	/ 2 )
	=	1118.407	/	3594.9545
	=	31.11 %

GPT Infraprojects'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 )
	=	1270.42	/	( ( (0 - 0)	+	(7277.71 - 3665.324) )	/ 1 )
	=	1270.42	/	( ( 0	+	3612.386 )	/ 1 )
	=	1270.42	/	3612.386
	=	35.17 %

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

GPT Infraprojects (NSE:GPTINFRA) 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.

GPT Infraprojects ROCE % Related Terms

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GPT Infraprojects (NSE:GPTINFRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GPT Infraprojects Ltd (NSE:GPTINFRA) » Definitions » ROCE %

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533761:India

Address

GPT Centre, JC-25, Sector-III, Salt Lake, Kolkata, WB, IND, 700 106

Website

https://www.gptinfra.in

GPT Infraprojects Ltd is an infrastructure company engaged in the manufacturing of concrete sleepers and allied. It also fabricates steel bridges. The segments that it operates include Concrete Sleepers, which consists of the manufacturing of concrete sleepers, a supply of plant and machinery and components for the manufacturing of concrete sleepers, and Infrastructure, which consists of the execution of construction contracts and other infrastructure activities. It manufactures a range of monoblock and pre-stressed concrete (PSC) sleepers for varied track applications, such as Line sleepers, Bridge deck sleepers, level crossing, and switches expansion joints, and Others. It can offer a range of solutions for road and railway infrastructure. the company majorly operates in India.

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