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E I D Parry India (BOM:500125) ROE % : 7.11% (As of Dec. 2023)


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What is E I D Parry India ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. E I D Parry India's annualized net income for the quarter that ended in Dec. 2023 was ₹4,729 Mil. E I D Parry India's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₹66,531 Mil. Therefore, E I D Parry India's annualized ROE % for the quarter that ended in Dec. 2023 was 7.11%.

The historical rank and industry rank for E I D Parry India's ROE % or its related term are showing as below:

BOM:500125' s ROE % Range Over the Past 10 Years
Min: 1.45   Med: 9.99   Max: 20.27
Current: 13.93

During the past 13 years, E I D Parry India's highest ROE % was 20.27%. The lowest was 1.45%. And the median was 9.99%.

BOM:500125's ROE % is ranked better than
75.1% of 245 companies
in the Agriculture industry
Industry Median: 5.78 vs BOM:500125: 13.93

E I D Parry India ROE % Historical Data

The historical data trend for E I D Parry India's ROE % 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.

* Premium members only.

E I D Parry India ROE % Chart

E I D Parry India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 14.08 11.04 18.30 16.61

E I D Parry India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.48 11.76 7.16 27.19 7.11

Competitive Comparison of E I D Parry India's ROE %

For the Agricultural Inputs subindustry, E I D Parry India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


E I D Parry India's ROE % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's ROE % distribution charts can be found below:

* The bar in red indicates where E I D Parry India's ROE % falls into.



E I D Parry India ROE % Calculation

E I D Parry India's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=9474.8/( (53257.4+60848.4)/ 2 )
=9474.8/57052.9
=16.61 %

E I D Parry India's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=4729.2/( (66530.6+0)/ 1 )
=4729.2/66530.6
=7.11 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


E I D Parry India  (BOM:500125) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=4729.2/66530.6
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4729.2 / 310805.6)*(310805.6 / 188979.7)*(188979.7 / 66530.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.52 %*1.6447*2.8405
=ROA %*Equity Multiplier
=2.5 %*2.8405
=7.11 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=4729.2/66530.6
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4729.2 / 11507.2) * (11507.2 / 12347.6) * (12347.6 / 310805.6) * (310805.6 / 188979.7) * (188979.7 / 66530.6)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.411 * 0.9319 * 3.97 % * 1.6447 * 2.8405
=7.11 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


E I D Parry India ROE % Related Terms

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E I D Parry India (BOM:500125) Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

E I D Parry India (BOM:500125) Headlines

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