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NRB Industrial Bearings (NSE:NIBL) ROE % : 0.00% (As of Dec. 2024)


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What is NRB Industrial Bearings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NRB Industrial Bearings's annualized net income for the quarter that ended in Dec. 2024 was ₹-218.9 Mil. NRB Industrial Bearings's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₹-562.7 Mil. Therefore, NRB Industrial Bearings's annualized ROE % for the quarter that ended in Dec. 2024 was N/A%.

The historical rank and industry rank for NRB Industrial Bearings's ROE % or its related term are showing as below:

During the past 11 years, NRB Industrial Bearings's highest ROE % was Negative Equity%. The lowest was -1,334.28%. And the median was -144.88%.

NSE:NIBL's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.19
* Ranked among companies with meaningful ROE % only.

NRB Industrial Bearings ROE % Historical Data

The historical data trend for NRB Industrial Bearings'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.

NRB Industrial Bearings ROE % Chart

NRB Industrial Bearings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
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NRB Industrial Bearings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of NRB Industrial Bearings's ROE %

For the Tools & Accessories subindustry, NRB Industrial Bearings'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.


NRB Industrial Bearings's ROE % Distribution in the Industrial Products Industry

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

* The bar in red indicates where NRB Industrial Bearings's ROE % falls into.



NRB Industrial Bearings ROE % Calculation

NRB Industrial Bearings'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 )
=-259.97/( (-181.26+-407.104)/ 2 )
=-259.97/-294.182
=N/A %

NRB Industrial Bearings's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=-218.92/( (-562.658+0)/ 1 )
=-218.92/-562.658
=N/A %

* 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. 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.


NRB Industrial Bearings  (NSE:NIBL) 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. 2024 )
=Net Income/Total Stockholders Equity
=-218.92/-562.658
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-218.92 / 674.112)*(674.112 / 949.334)*(949.334 / -562.658)
=Net Margin %*Asset Turnover*Equity Multiplier
=-32.48 %*0.7101*N/A
=ROA %*Equity Multiplier
=-23.06 %*N/A
=N/A %

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. 2024 )
=Net Income/Total Stockholders Equity
=-218.92/-562.658
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-218.92 / -225.948) * (-225.948 / -129.128) * (-129.128 / 674.112) * (674.112 / 949.334) * (949.334 / -562.658)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9689 * 1.7498 * -19.16 % * 0.7101 * N/A
=N/A %

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


NRB Industrial Bearings ROE % Related Terms

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NRB Industrial Bearings Business Description

Traded in Other Exchanges
Address
Number. 15, Sir Phirozshah Mehta Road, Dhannur building, 2nd Floor, Fort, Mumbai, MH, IND, 400 001
NRB Industrial Bearings Ltd is engaged in the business of manufacturing and selling all types of industrial bearings. The company operates in one business segment which is Industrial Bearings. The product line of the company consists of Cam followers, Bottom ring bearings, Wide inner ring Ball bearings, Housed units, Cylindrical roller bearings, Spherical roller bearings, and Deep groove ball bearings. The Ball and roller bearings product of the company generates maximum revenue. The group has a business presence in India and Outside India, of which prime income is generated within India.

NRB Industrial Bearings Headlines

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