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Sodhani Academy of Fintech Enablers (BOM:544257) ROE % : 41.86% (As of Sep. 2024)


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What is Sodhani Academy of Fintech Enablers ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sodhani Academy of Fintech Enablers's annualized net income for the quarter that ended in Sep. 2024 was ₹39.34 Mil. Sodhani Academy of Fintech Enablers's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹93.97 Mil. Therefore, Sodhani Academy of Fintech Enablers's annualized ROE % for the quarter that ended in Sep. 2024 was 41.86%.

The historical rank and industry rank for Sodhani Academy of Fintech Enablers's ROE % or its related term are showing as below:

BOM:544257' s ROE % Range Over the Past 10 Years
Min: 5.02   Med: 33.27   Max: 62.02
Current: 34.7

During the past 4 years, Sodhani Academy of Fintech Enablers's highest ROE % was 62.02%. The lowest was 5.02%. And the median was 33.27%.

BOM:544257's ROE % is ranked better than
91.99% of 1024 companies
in the Business Services industry
Industry Median: 8.63 vs BOM:544257: 34.70

Sodhani Academy of Fintech Enablers ROE % Historical Data

The historical data trend for Sodhani Academy of Fintech Enablers'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.

Sodhani Academy of Fintech Enablers ROE % Chart

Sodhani Academy of Fintech Enablers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROE %
5.02 62.02 34.20 32.33

Sodhani Academy of Fintech Enablers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
ROE % Get a 7-Day Free Trial - - 22.55 39.44 41.86

Competitive Comparison of Sodhani Academy of Fintech Enablers's ROE %

For the Specialty Business Services subindustry, Sodhani Academy of Fintech Enablers'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.


Sodhani Academy of Fintech Enablers's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sodhani Academy of Fintech Enablers's ROE % distribution charts can be found below:

* The bar in red indicates where Sodhani Academy of Fintech Enablers's ROE % falls into.


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Sodhani Academy of Fintech Enablers ROE % Calculation

Sodhani Academy of Fintech Enablers'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 )
=18.317/( (47.685+65.622)/ 2 )
=18.317/56.6535
=32.33 %

Sodhani Academy of Fintech Enablers's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=39.338/( (65.622+122.326)/ 2 )
=39.338/93.974
=41.86 %

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


Sodhani Academy of Fintech Enablers  (BOM:544257) 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
=39.338/93.974
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.338 / 13.212)*(13.212 / 96.8135)*(96.8135 / 93.974)
=Net Margin %*Asset Turnover*Equity Multiplier
=297.74 %*0.1365*1.0302
=ROA %*Equity Multiplier
=40.64 %*1.0302
=41.86 %

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
=39.338/93.974
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (39.338 / 46.898) * (46.898 / 6.202) * (6.202 / 13.212) * (13.212 / 96.8135) * (96.8135 / 93.974)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8388 * 7.5618 * 46.94 % * 0.1365 * 1.0302
=41.86 %

Note: The net income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Sodhani Academy of Fintech Enablers ROE % Related Terms

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Sodhani Academy of Fintech Enablers Business Description

Traded in Other Exchanges
N/A
Address
P No. C373, First Floor, C Block, Vaishali Nagar, Jaipur, RJ, IND, 302021
Sodhani Academy of Fintech Enablers Ltd is engaged in the business of providing training, consultancy and learning services. Its focus is area of service delivery that has been under the domain of financial literacy and awareness. The company's business segment is Training and Learning.

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