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Diamond Power Infrastructure (BOM:522163) ROE % : Negative Equity% (As of Sep. 2024)


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What is Diamond Power Infrastructure ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Diamond Power Infrastructure's annualized net income for the quarter that ended in Sep. 2024 was ₹160 Mil. Diamond Power Infrastructure's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹-9,229 Mil. Therefore, Diamond Power Infrastructure's annualized ROE % for the quarter that ended in Sep. 2024 was Negative Equity%.

The historical rank and industry rank for Diamond Power Infrastructure's ROE % or its related term are showing as below:

BOM:522163' s ROE % Range Over the Past 10 Years
Min: -126.06   Med: -3.6   Max: Negative Equity
Current: Negative Equity

During the past 13 years, Diamond Power Infrastructure's highest ROE % was Negative Equity%. The lowest was -126.06%. And the median was -3.60%.

BOM:522163's ROE % is ranked better than
99.97% of 2960 companies
in the Industrial Products industry
Industry Median: 6.235 vs BOM:522163: Negative Equity

Diamond Power Infrastructure ROE % Historical Data

The historical data trend for Diamond Power Infrastructure'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.

Diamond Power Infrastructure ROE % Chart

Diamond Power Infrastructure Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.06 -82.26 - - Negative Equity

Diamond Power Infrastructure Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Negative Equity - Negative Equity Negative Equity Negative Equity

Competitive Comparison of Diamond Power Infrastructure's ROE %

For the Specialty Industrial Machinery subindustry, Diamond Power Infrastructure'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.


Diamond Power Infrastructure's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Diamond Power Infrastructure's ROE % distribution charts can be found below:

* The bar in red indicates where Diamond Power Infrastructure's ROE % falls into.



Diamond Power Infrastructure ROE % Calculation

Diamond Power Infrastructure'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 )
=170.25/( (-9798.886+-9733.444)/ 2 )
=170.25/-9766.165
=Negative Equity %

Diamond Power Infrastructure's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=160.056/( (0+-9229.4)/ 1 )
=160.056/-9229.4
=Negative Equity %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Diamond Power Infrastructure  (BOM:522163) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=160.056/-9229.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(160.056 / 10011.984)*(10011.984 / 16718.399)*(16718.399 / -9229.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.6 %*0.5989*N/A
=ROA %*Equity Multiplier
=0.96 %*N/A
=Negative Equity %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=160.056/-9229.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (160.056 / 159.14) * (159.14 / 324.548) * (324.548 / 10011.984) * (10011.984 / 16718.399) * (16718.399 / -9229.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0058 * 0.4903 * 3.24 % * 0.5989 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Diamond Power Infrastructure ROE % Related Terms

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Diamond Power Infrastructure Business Description

Traded in Other Exchanges
Address
Corporate Road, PALLADIUM, A-2, 12th Floor, Opposite Divya Bhaskar Press, Prahladnagar, Ahmedabad, GJ, IND, 380015
Diamond Power Infrastructure Ltd is a manufacturer of power transmission equipment and a turnkey service, provider. The firm produces flexible wires and cables of various voltage grades, conductors, transformers, transmission towers, control, and relay panels, isolators, and engineering, procurement, and construction. The conductors include aluminum conductors, all aluminum alloy conductors, aluminum conductor steel reinforced, aluminum conductor alloy reinforced, and high conductivity alloy conductors. The existing capacities of the firm are in aluminum and alloy rods, alloy, and aluminum conductor steel-reinforced conductors, high tension cable and specialty cables, and power transformers.

Diamond Power Infrastructure Headlines

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