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Kaushalya Infrastructure Development (BOM:532925) Return-on-Tangible-Equity : 85.69% (As of Mar. 2024)


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What is Kaushalya Infrastructure Development 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. Kaushalya Infrastructure Development's annualized net income for the quarter that ended in Mar. 2024 was ₹555.31 Mil. Kaushalya Infrastructure Development's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹648.03 Mil. Therefore, Kaushalya Infrastructure Development's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 85.69%.

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

BOM:532925' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.45   Med: -6.04   Max: 62.03
Current: 28.57

During the past 13 years, Kaushalya Infrastructure Development's highest Return-on-Tangible-Equity was 62.03%. The lowest was -95.45%. And the median was -6.04%.

BOM:532925's Return-on-Tangible-Equity is ranked better than
83.73% of 1604 companies
in the Construction industry
Industry Median: 7.86 vs BOM:532925: 28.57

Kaushalya Infrastructure Development Return-on-Tangible-Equity Historical Data

The historical data trend for Kaushalya Infrastructure Development'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.

Kaushalya Infrastructure Development Return-on-Tangible-Equity Chart

Kaushalya Infrastructure Development 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 -14.26 1.63 1.08 32.20 23.60

Kaushalya Infrastructure Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 108.39 7.59 4.96 -4.12 85.69

Competitive Comparison of Kaushalya Infrastructure Development's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Kaushalya Infrastructure Development'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.


Kaushalya Infrastructure Development's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaushalya Infrastructure Development's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kaushalya Infrastructure Development's Return-on-Tangible-Equity falls into.



Kaushalya Infrastructure Development Return-on-Tangible-Equity Calculation

Kaushalya Infrastructure Development'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 )
=151.037/( (559.822+720.419 )/ 2 )
=151.037/640.1205
=23.60 %

Kaushalya Infrastructure Development's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=555.308/( (575.64+720.419)/ 2 )
=555.308/648.0295
=85.69 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaushalya Infrastructure Development  (BOM:532925) 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.


Kaushalya Infrastructure Development Return-on-Tangible-Equity Related Terms

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Kaushalya Infrastructure Development (BOM:532925) Business Description

Traded in Other Exchanges
Address
HB 170, Sector III, Salt Lake, Kolkata, WB, IND, 700106
Kaushalya Infrastructure Development Corp Ltd is engaged in executing construction contracts relating to infrastructure, real estate developments, acquisition and development, and sale of land. The company is also engaged in operating hotels. The company operates into segments such as Construction including roads, bridges and infrastructure development, housing development, renewable energy projects; Hotel; and Other services/activities. It generates a majority of its revenue from the Hotel. Geographically, it operates in India.

Kaushalya Infrastructure Development (BOM:532925) Headlines

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