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Ruchira Papers (BOM:532785) Return-on-Tangible-Equity : 15.29% (As of Dec. 2024)


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What is Ruchira Papers Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ruchira Papers's annualized net income for the quarter that ended in Dec. 2024 was ₹659 Mil. Ruchira Papers's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₹4,311 Mil. Therefore, Ruchira Papers's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 15.29%.

The historical rank and industry rank for Ruchira Papers's Return-on-Tangible-Equity or its related term are showing as below:

BOM:532785' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.87   Med: 14.84   Max: 23.42
Current: 13.98

During the past 13 years, Ruchira Papers's highest Return-on-Tangible-Equity was 23.42%. The lowest was 1.87%. And the median was 14.84%.

BOM:532785's Return-on-Tangible-Equity is ranked better than
85.41% of 281 companies
in the Forest Products industry
Industry Median: 2.53 vs BOM:532785: 13.98

Ruchira Papers Return-on-Tangible-Equity Historical Data

The historical data trend for Ruchira Papers's Return-on-Tangible-Equity 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.

Ruchira Papers Return-on-Tangible-Equity Chart

Ruchira Papers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 1.87 11.42 19.61 12.39

Ruchira Papers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Equity 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 7.00 9.31 14.27 16.40 15.29

Competitive Comparison of Ruchira Papers's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Ruchira Papers's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Ruchira Papers's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ruchira Papers's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ruchira Papers's Return-on-Tangible-Equity falls into.


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Ruchira Papers Return-on-Tangible-Equity Calculation

Ruchira Papers's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=491.949/( (3799.64+4142.785 )/ 2 )
=491.949/3971.2125
=12.39 %

Ruchira Papers's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=659.172/( (4310.815+0)/ 1 )
=659.172/4310.815
=15.29 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ruchira Papers  (BOM:532785) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Ruchira Papers Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Ruchira Papers's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ruchira Papers Business Description

Traded in Other Exchanges
Address
21-22, New Professors Colony, Yamuna Nagar, HR, IND, 135001
Ruchira Papers Ltd is engaged in the paper manufacturing business. The company is engaged in the manufacturing of kraft paper, writing, and printing paper. Its white writing and printing paper are used in the fabrication of notebooks and writing material while kraft paper finds its application in the packaging industry especially for making boxes/cartons and for other packaging requirements. The coloured paper is used in the fabrication of spiral notebooks, wedding cards, shade cards, children's colouring books, coloured copier paper and bill books. Geographically, it derives a majority of its revenue from India. The company operates in only one main segment, which is the manufacturing of paper.

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