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Madhusudan Masala (NSE:MADHUSUDAN) Return-on-Tangible-Equity : 22.07% (As of Sep. 2024)


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What is Madhusudan Masala 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. Madhusudan Masala's annualized net income for the quarter that ended in Sep. 2024 was ₹130.6 Mil. Madhusudan Masala's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₹591.9 Mil. Therefore, Madhusudan Masala's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 22.07%.

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

NSE:MADHUSUDAN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.11   Med: 23.42   Max: 104.14
Current: 11.03

During the past 4 years, Madhusudan Masala's highest Return-on-Tangible-Equity was 104.14%. The lowest was 4.11%. And the median was 23.42%.

NSE:MADHUSUDAN's Return-on-Tangible-Equity is ranked better than
59.15% of 1826 companies
in the Consumer Packaged Goods industry
Industry Median: 8.275 vs NSE:MADHUSUDAN: 11.03

Madhusudan Masala Return-on-Tangible-Equity Historical Data

The historical data trend for Madhusudan Masala'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.

Madhusudan Masala Return-on-Tangible-Equity Chart

Madhusudan Masala Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
4.11 14.45 104.14 32.39

Madhusudan Masala Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24
Return-on-Tangible-Equity - - - - 22.07

Competitive Comparison of Madhusudan Masala's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Madhusudan Masala'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.


Madhusudan Masala's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Madhusudan Masala's Return-on-Tangible-Equity distribution charts can be found below:

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


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Madhusudan Masala Return-on-Tangible-Equity Calculation

Madhusudan Masala'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 )
=91.973/( (107.406+460.528 )/ 2 )
=91.973/283.967
=32.39 %

Madhusudan Masala'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: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=130.624/( (460.528+723.267)/ 2 )
=130.624/591.8975
=22.07 %

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


Madhusudan Masala  (NSE:MADHUSUDAN) 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.


Madhusudan Masala Return-on-Tangible-Equity Related Terms

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Madhusudan Masala Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 1 - B Hapa Road, F. P. No. 19, Jamnagar, GJ, IND, 361001
Madhusudan Masala Ltd is engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names of DOUBLE HATHI and MAHARAJA. It also sells products like Whole Spices, Tea and Other Grocery Products like Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek), etc.

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