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Retro Green Revolution (BOM:519191) ROE % : 3.27% (As of Jun. 2024)


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What is Retro Green Revolution ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Retro Green Revolution's annualized net income for the quarter that ended in Jun. 2024 was ₹2.88 Mil. Retro Green Revolution's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was ₹87.96 Mil. Therefore, Retro Green Revolution's annualized ROE % for the quarter that ended in Jun. 2024 was 3.27%.

The historical rank and industry rank for Retro Green Revolution's ROE % or its related term are showing as below:

BOM:519191' s ROE % Range Over the Past 10 Years
Min: -0.14   Med: 0.59   Max: 18.69
Current: 5.01

During the past 10 years, Retro Green Revolution's highest ROE % was 18.69%. The lowest was -0.14%. And the median was 0.59%.

BOM:519191's ROE % is ranked worse than
64.88% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.24 vs BOM:519191: 5.01

Retro Green Revolution ROE % Historical Data

The historical data trend for Retro Green Revolution's ROE % 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.

Retro Green Revolution ROE % Chart

Retro Green Revolution Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 18.69 12.53 6.88 5.54

Retro Green Revolution Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROE % 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 5.63 5.85 7.76 2.99 3.27

Competitive Comparison of Retro Green Revolution's ROE %

For the Farm & Heavy Construction Machinery subindustry, Retro Green Revolution's ROE %, along with its competitors' market caps and ROE % 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.


Retro Green Revolution's ROE % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Retro Green Revolution's ROE % distribution charts can be found below:

* The bar in red indicates where Retro Green Revolution's ROE % falls into.



Retro Green Revolution ROE % Calculation

Retro Green Revolution's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=4.742/( (83.216+87.959)/ 2 )
=4.742/85.5875
=5.54 %

Retro Green Revolution's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=2.876/( (87.959+0)/ 1 )
=2.876/87.959
=3.27 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


Retro Green Revolution  (BOM:519191) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=2.876/87.959
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.876 / 18.636)*(18.636 / 92.187)*(92.187 / 87.959)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.43 %*0.2022*1.0481
=ROA %*Equity Multiplier
=3.12 %*1.0481
=3.27 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=2.876/87.959
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.876 / 2.876) * (2.876 / 2.772) * (2.772 / 18.636) * (18.636 / 92.187) * (92.187 / 87.959)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0375 * 14.87 % * 0.2022 * 1.0481
=3.27 %

Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Retro Green Revolution ROE % Related Terms

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Retro Green Revolution Business Description

Traded in Other Exchanges
N/A
Address
Vasna Main Road, C/231, 2nd Floor, Siddharth Excellence, Opposite D-Mart, Vadodara, GJ, IND, 390015
Retro Green Revolution Ltd is providing agricultural solutions for both Urban and Rural segments. It is a provider of Green House, Net House, and Poly House gases. It offers a complete solution to the farming community and specializes in the agriculture field with the latest technology and farming method. Other services offered by the company include assist in soil (Mineral and Microbes) and water testing, greenhouse structure installation, greenhouse high-tech agriculture consultancy services, greenhouse production management, drip, and sprinkler irrigation systems, post-harvest infrastructure, technical inputs, training to manpower, and assistance In marketing and buyback arrangements.

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