Khandwala Securities (NSE:KHANDSE) ROCE % : 3.98% (As of Dec. 2023)

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What is Khandwala Securities 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. Khandwala Securities's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.98%.

Khandwala Securities ROCE % Historical Data

The historical data trend for Khandwala Securities'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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Khandwala Securities ROCE % Chart

Khandwala Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.82

-10.56

-3.57

2.73

2.64

Khandwala Securities 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															25.83	-19.78	2.51	2.63	3.98

Khandwala Securities ROCE % Calculation

Khandwala Securities'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 )
	=	7.824	/	( ( (472.68 - 204.611)	+	(435.745 - 112.171) )	/ 2 )
	=	7.824	/	( (268.069	+	323.574)	/ 2 )
	=	7.824	/	295.8215
	=	2.64 %

Khandwala Securities'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 )
	=	12.792	/	( ( (463.774 - 142.727)	+	(0 - 0) )	/ 1 )
	=	12.792	/	( ( 321.047	+	0 )	/ 1 )
	=	12.792	/	321.047
	=	3.98 %

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

Khandwala Securities (NSE:KHANDSE) 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.

Khandwala Securities ROCE % Related Terms

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Khandwala Securities (NSE:KHANDSE) Business Description

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531892:India

Address

Green Street, Ground Floor, Vikas Building, Fort, Mumbai, MH, IND, 400 023

Website

https://www.kslindia.com

Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services in the fields of institutional equity; investment banking; investment advisory; private wealth and portfolio management. The company is organized into two segments - Fee-based and Investment/Trading In Stock. The Company has considered these two divisions as its business segments. The Fee-based division provides financial advisory services relating to mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company.

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