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Rajshree Sugars & Chemicals (NSE:RAJSREESUG) Return-on-Tangible-Equity : -29.05% (As of Dec. 2024)


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What is Rajshree Sugars & Chemicals 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. Rajshree Sugars & Chemicals's annualized net income for the quarter that ended in Dec. 2024 was ₹-817 Mil. Rajshree Sugars & Chemicals's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₹2,814 Mil. Therefore, Rajshree Sugars & Chemicals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -29.05%.

The historical rank and industry rank for Rajshree Sugars & Chemicals's Return-on-Tangible-Equity or its related term are showing as below:

NSE:RAJSREESUG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -447.66   Med: -24.27   Max: 32.81
Current: 4.39

During the past 13 years, Rajshree Sugars & Chemicals's highest Return-on-Tangible-Equity was 32.81%. The lowest was -447.66%. And the median was -24.27%.

NSE:RAJSREESUG's Return-on-Tangible-Equity is ranked worse than
63.62% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 8.265 vs NSE:RAJSREESUG: 4.39

Rajshree Sugars & Chemicals Return-on-Tangible-Equity Historical Data

The historical data trend for Rajshree Sugars & Chemicals'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.

Rajshree Sugars & Chemicals Return-on-Tangible-Equity Chart

Rajshree Sugars & Chemicals 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 -76.60 -48.18 -2.18 -3.50 5.33

Rajshree Sugars & Chemicals 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 -40.10 23.88 8.98 15.25 -29.05

Competitive Comparison of Rajshree Sugars & Chemicals's Return-on-Tangible-Equity

For the Confectioners subindustry, Rajshree Sugars & Chemicals'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.


Rajshree Sugars & Chemicals's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Rajshree Sugars & Chemicals's Return-on-Tangible-Equity falls into.


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Rajshree Sugars & Chemicals Return-on-Tangible-Equity Calculation

Rajshree Sugars & Chemicals'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 )
=137.577/( (2511.558+2646.97 )/ 2 )
=137.577/2579.264
=5.33 %

Rajshree Sugars & Chemicals'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 )
=-817.484/( (2813.647+0)/ 1 )
=-817.484/2813.647
=-29.05 %

* 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.


Rajshree Sugars & Chemicals  (NSE:RAJSREESUG) 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.


Rajshree Sugars & Chemicals Return-on-Tangible-Equity Related Terms

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


Rajshree Sugars & Chemicals Business Description

Traded in Other Exchanges
Address
The Uffizi, 338/8, Avanashi Road, Peelamedu, Coimbatore, TN, IND, 641 004
Rajshree Sugars & Chemicals Ltd is engaged in the business of white crystal sugar, co-generation of power, and industrial alcohol. The company's segments include Sugar, Cogeneration, and Distillery. The Sugar segment consists of white crystal sugar, Demerara sugar, White sugar sachets, and Demerara sugar sachets. The Cogeneration segment includes the co-generation of electricity. Its Distillery segment is involved in the manufacturing of rectified spirit, anhydrous alcohol, and extra-neutral alcohol. The by-products such as molasses and bagasse are used by industries such as distillery and power plants for producing alcohol and power. The majority of revenue is generated from the Sugar segment. The company operates within India.

Rajshree Sugars & Chemicals Headlines

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