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P N Gadgil Jewellers (NSE:PNGJL) ROE % : 14.39% (As of Sep. 2024)


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What is P N Gadgil Jewellers ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. P N Gadgil Jewellers's annualized net income for the quarter that ended in Sep. 2024 was ₹1,397 Mil. P N Gadgil Jewellers's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹9,704 Mil. Therefore, P N Gadgil Jewellers's annualized ROE % for the quarter that ended in Sep. 2024 was 14.39%.

The historical rank and industry rank for P N Gadgil Jewellers's ROE % or its related term are showing as below:

NSE:PNGJL' s ROE % Range Over the Past 10 Years
Min: 0.42   Med: 21.13   Max: 34
Current: 4.43

During the past 4 years, P N Gadgil Jewellers's highest ROE % was 34.00%. The lowest was 0.42%. And the median was 21.13%.

NSE:PNGJL's ROE % is ranked worse than
54.08% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 5.565 vs NSE:PNGJL: 4.43

P N Gadgil Jewellers ROE % Historical Data

The historical data trend for P N Gadgil Jewellers'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.

P N Gadgil Jewellers ROE % Chart

P N Gadgil Jewellers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROE %
0.42 20.49 21.76 34.00

P N Gadgil Jewellers Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
ROE % Get a 7-Day Free Trial - - 21.97 - 14.39

Competitive Comparison of P N Gadgil Jewellers's ROE %

For the Luxury Goods subindustry, P N Gadgil Jewellers'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.


P N Gadgil Jewellers's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, P N Gadgil Jewellers's ROE % distribution charts can be found below:

* The bar in red indicates where P N Gadgil Jewellers's ROE % falls into.



P N Gadgil Jewellers ROE % Calculation

P N Gadgil Jewellers'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 )
=1543.43/( (3735.26+5343.77)/ 2 )
=1543.43/4539.515
=34.00 %

P N Gadgil Jewellers'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 )
=1396.76/( (5343.77+14064.17)/ 2 )
=1396.76/9703.97
=14.39 %

* 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.


P N Gadgil Jewellers  (NSE:PNGJL) 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
=1396.76/9703.97
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1396.76 / 80052.4)*(80052.4 / 19799.04)*(19799.04 / 9703.97)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.74 %*4.0432*2.0403
=ROA %*Equity Multiplier
=7.04 %*2.0403
=14.39 %

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
=1396.76/9703.97
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1396.76 / 1833.12) * (1833.12 / 1877.08) * (1877.08 / 80052.4) * (80052.4 / 19799.04) * (19799.04 / 9703.97)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.762 * 0.9766 * 2.34 % * 4.0432 * 2.0403
=14.39 %

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.


P N Gadgil Jewellers ROE % Related Terms

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P N Gadgil Jewellers Business Description

Comparable Companies
Traded in Other Exchanges
Address
Chitrashala Chowk Laxmi Road, PNG Vishwa, 359, Narayan Peth, Pune, MH, IND, 411 030
P N Gadgil Jewellers Ltd offers a wide range of precious metal/jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the needs of its customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. The company's products are primarily sold under its flagship brand, PNG, and various sub-brands, through multiple channels, including its approximately 33 retail stores and various online marketplaces, including the website.

P N Gadgil Jewellers Headlines

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