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Amrutanjan Health Care (NSE:AMRUTANJAN) ROE % : 15.84% (As of Sep. 2024)


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What is Amrutanjan Health Care ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Amrutanjan Health Care's annualized net income for the quarter that ended in Sep. 2024 was ₹472 Mil. Amrutanjan Health Care's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹2,978 Mil. Therefore, Amrutanjan Health Care's annualized ROE % for the quarter that ended in Sep. 2024 was 15.84%.

The historical rank and industry rank for Amrutanjan Health Care's ROE % or its related term are showing as below:

NSE:AMRUTANJAN' s ROE % Range Over the Past 10 Years
Min: 14.33   Med: 17.16   Max: 32.64
Current: 16.81

During the past 13 years, Amrutanjan Health Care's highest ROE % was 32.64%. The lowest was 14.33%. And the median was 17.16%.

NSE:AMRUTANJAN's ROE % is ranked better than
83.95% of 966 companies
in the Drug Manufacturers industry
Industry Median: 4.485 vs NSE:AMRUTANJAN: 16.81

Amrutanjan Health Care ROE % Historical Data

The historical data trend for Amrutanjan Health Care'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.

Amrutanjan Health Care ROE % Chart

Amrutanjan Health Care 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 16.44 32.64 27.96 14.33 15.53

Amrutanjan Health Care Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 10.46 26.64 18.94 6.40 15.84

Competitive Comparison of Amrutanjan Health Care's ROE %

For the Drug Manufacturers - Specialty & Generic subindustry, Amrutanjan Health Care'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.


Amrutanjan Health Care's ROE % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amrutanjan Health Care's ROE % distribution charts can be found below:

* The bar in red indicates where Amrutanjan Health Care's ROE % falls into.



Amrutanjan Health Care ROE % Calculation

Amrutanjan Health Care'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 )
=449.726/( (2907.719+2884.883)/ 2 )
=449.726/2896.301
=15.53 %

Amrutanjan Health Care'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 )
=471.824/( (0+2977.882)/ 1 )
=471.824/2977.882
=15.84 %

* 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.


Amrutanjan Health Care  (NSE:AMRUTANJAN) 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
=471.824/2977.882
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(471.824 / 4396.608)*(4396.608 / 3825.95)*(3825.95 / 2977.882)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.73 %*1.1492*1.2848
=ROA %*Equity Multiplier
=12.33 %*1.2848
=15.84 %

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
=471.824/2977.882
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (471.824 / 637.612) * (637.612 / 477.944) * (477.944 / 4396.608) * (4396.608 / 3825.95) * (3825.95 / 2977.882)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.74 * 1.3341 * 10.87 % * 1.1492 * 1.2848
=15.84 %

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.


Amrutanjan Health Care ROE % Related Terms

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Amrutanjan Health Care Business Description

Traded in Other Exchanges
Address
No. 103 (Old No. 42-45), Luz Church Road, Mylapore, Chennai, TN, IND, 600 004
Amrutanjan Health Care Ltd manufactures Ayurvedic and allopathic products. The company operates through the following segments: OTC Products, Beverages, and Others. The majority of the revenue is generated from its OTC segment which is engaged in the manufacturing products of pain management, congestion management, and hygiene. Its beverage segment includes manufacturing fruit juices and oral rehydration drinks. Some of its products include Roll-on, Spray, Balm, Cough Syrup, Sanitary napkins, and inhalers. Geographically, it generates the majority of the revenue from India.

Amrutanjan Health Care Headlines

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