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Kalyani investment Co (BOM:533302) Return-on-Tangible-Equity : 1.47% (As of Sep. 2024)


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What is Kalyani investment Co 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. Kalyani investment Co's annualized net income for the quarter that ended in Sep. 2024 was ₹1,538.8 Mil. Kalyani investment Co's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₹104,907.9 Mil. Therefore, Kalyani investment Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 1.47%.

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

BOM:533302' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.88   Med: 1.23   Max: 9.78
Current: 0.88

During the past 13 years, Kalyani investment Co's highest Return-on-Tangible-Equity was 9.78%. The lowest was 0.88%. And the median was 1.23%.

BOM:533302's Return-on-Tangible-Equity is ranked worse than
74.45% of 1644 companies
in the Asset Management industry
Industry Median: 7.17 vs BOM:533302: 0.88

Kalyani investment Co Return-on-Tangible-Equity Historical Data

The historical data trend for Kalyani investment Co'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.

Kalyani investment Co Return-on-Tangible-Equity Chart

Kalyani investment Co 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 1.66 1.04 1.15 1.04 0.99

Kalyani investment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.57 0.31 1.41 0.20 1.47

Competitive Comparison of Kalyani investment Co's Return-on-Tangible-Equity

For the Asset Management subindustry, Kalyani investment Co'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.


Kalyani investment Co's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kalyani investment Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kalyani investment Co's Return-on-Tangible-Equity falls into.



Kalyani investment Co Return-on-Tangible-Equity Calculation

Kalyani investment Co'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 )
=700.53/( (58512.6+83044.92 )/ 2 )
=700.53/70778.76
=0.99 %

Kalyani investment Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1538.8/( (0+104907.88)/ 1 )
=1538.8/104907.88
=1.47 %

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


Kalyani investment Co  (BOM:533302) 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.


Kalyani investment Co Return-on-Tangible-Equity Related Terms

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Kalyani investment Co Business Description

Traded in Other Exchanges
Address
Corporate Building, 2nd Floor, Mundhwa, Pune, MH, IND, 411 036
Kalyani investment Co Ltd is an investment company. It holds investment portfolio consisting of both listed and unlisted companies which are in diversified sectors as forging, power generation, steel, chemical, and banking. The company focuses on earning income through dividends, interest and gains on investment held.

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