Vikas Proppant & Granite (BOM:531518) ROE %: -0.13% (As of Dec. 2021)


BOM:531518 Vikas Proppant & Granite Ltd BOM:531518
4 GF Score
Price ₹0.27
View Full Analysis

What is Vikas Proppant & Granite ROE %?

Vikas Proppant & Granite BOM:531518 4 ROE % is -0.13% as of Dec. 2021. GuruFocus rates BOM:531518 with a GF Score™ of 4/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vikas Proppant & Granite's annualized net income for the quarter that ended in Dec. 2021 was ₹-2.47 Mil. Vikas Proppant & Granite's average Total Stockholders Equity over the quarter that ended in Dec. 2021 was ₹1,873.56 Mil. Therefore, Vikas Proppant & Granite's annualized ROE % for the quarter that ended in Dec. 2021 was -0.13%.

The historical rank and industry rank for Vikas Proppant & Granite's ROE % or its related term are showing as below:

BOM:531518's ROE % is not ranked *
in the Agriculture industry.
Industry Median: 6.77
* Ranked among companies with meaningful ROE % only.

Vikas Proppant & Granite  (BOM:531518) 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: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-2.468/1873.558
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.468 / 0)*(0 / 3889.772)*(3889.772 / 1873.558)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.0761
=ROA %*Equity Multiplier
=N/A %*2.0761
=-0.13 %

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: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-2.468/1873.558
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.468 / -2.468) * (-2.468 / -2.46) * (-2.46 / 0) * (0 / 3889.772) * (3889.772 / 1873.558)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0033 * N/A % * 0 * 2.0761
=-0.13 %

Note: The net income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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.


Vikas Proppant & Granite ROE % Related Terms


Vikas Proppant & Granite ROE % Historical Data

* Premium members only.

The historical data trend for Vikas Proppant & Granite'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.

Vikas Proppant & Granite ROE % Chart

Vikas Proppant & Granite Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.32 -1.45 32.81 1.98 -5.90

Vikas Proppant & Granite Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -0.13 -30.29 -0.55 -0.06 -0.13

BOM:531518 vs CTVA, MOS, CF: ROE % Comparison

For the Agricultural Inputs subindustry, Vikas Proppant & Granite'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.


Vikas Proppant & Granite ROE % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Vikas Proppant & Granite's ROE % distribution charts can be found below:

* The bar in red indicates where Vikas Proppant & Granite's ROE % falls into.


BOM:531518
4GF Score
Vikas Proppant & Granite Ltd BOM:531518
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vikas Proppant & Granite ROE % Calculation

Vikas Proppant & Granite's annualized ROE % for the fiscal year that ended in Mar. 2021 is calculated as

ROE %=Net Income (A: Mar. 2021 )/( (Total Stockholders Equity (A: Mar. 2020 )+Total Stockholders Equity (A: Mar. 2021 ))/ count )
=-113.87/( (1981.812+1876.442)/ 2 )
=-113.87/1929.127
=-5.90 %

Vikas Proppant & Granite's annualized ROE % for the quarter that ended in Dec. 2021 is calculated as

ROE %=Net Income (Q: Dec. 2021 )/( (Total Stockholders Equity (Q: Sep. 2021 )+Total Stockholders Equity (Q: Dec. 2021 ))/ count )
=-2.468/( (1873.558+0)/ 1 )
=-2.468/1873.558
=-0.13 %

* 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 (Dec. 2021) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -0.13% mean?
Vikas Proppant & Granite (BOM:531518) has a ROE % of -0.13% as of Dec. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vikas Proppant & Granite and its competitors.
Is Vikas Proppant & Granite's ROE % too high?
Vikas Proppant & Granite's current ROE % is -0.13%. Overall, Vikas Proppant & Granite has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Vikas Proppant & Granite's ROE % compare to CTVA and MOS?
Vikas Proppant & Granite's ROE % of -0.13% can be compared against companies in the Agriculture industry. The industry median ROE % is 6.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Agriculture company?
The median ROE % among Agriculture companies is 6.77, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vikas Proppant & Granite and its competitors. For the Agriculture industry, the median ROE % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikas Proppant & Granite's current ROE % is -0.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikas Proppant & Granite stock overvalued right now?
Vikas Proppant & Granite (BOM:531518) has a current ROE % of -0.13%. The current ROE % is -0.13%. Vikas Proppant & Granite's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Vikas Proppant & Granite (BOM:531518), the current ROE % is -0.13% as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vikas Proppant & Granite Business Description

Address F88/89, RIICO Industrial Area, Udyog Viihar, Sri Ganganagar, Siwani, RJ, IND, 335002
Vikas Proppant & Granite Ltd is an India-based company engaged in manufacturing and grading of guar gum powder and grading of guar splits and its derivatives. Its product includes Adicol which is a Guar Gum Powder with applications in various industries and products. The company's product has its applications in bakery products, ice creams, pudding, noodles, frozen food, baby-food, vital fiber-food, instant-mixes, sauce-soups, and pet-food.
4GF Score

Get the complete analysis for BOM:531518

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.27
Price