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Pratham EPC Projects (NSE:PRATHAM) ROE % : 26.22% (As of Sep. 2024)


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What is Pratham EPC Projects ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pratham EPC Projects's annualized net income for the quarter that ended in Sep. 2024 was ₹170.7 Mil. Pratham EPC Projects's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹650.9 Mil. Therefore, Pratham EPC Projects's annualized ROE % for the quarter that ended in Sep. 2024 was 26.22%.

The historical rank and industry rank for Pratham EPC Projects's ROE % or its related term are showing as below:

NSE:PRATHAM' s ROE % Range Over the Past 10 Years
Min: 19.05   Med: 39.72   Max: 54.3
Current: 26.01

During the past 4 years, Pratham EPC Projects's highest ROE % was 54.30%. The lowest was 19.05%. And the median was 39.72%.

NSE:PRATHAM's ROE % is ranked better than
89.96% of 996 companies
in the Oil & Gas industry
Industry Median: 5.995 vs NSE:PRATHAM: 26.01

Pratham EPC Projects ROE % Historical Data

The historical data trend for Pratham EPC Projects'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.

Pratham EPC Projects ROE % Chart

Pratham EPC Projects Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROE %
19.05 54.30 54.03 25.40

Pratham EPC Projects Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
ROE % Get a 7-Day Free Trial - - 50.84 22.69 26.22

Competitive Comparison of Pratham EPC Projects's ROE %

For the Oil & Gas Equipment & Services subindustry, Pratham EPC Projects'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.


Pratham EPC Projects's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pratham EPC Projects's ROE % distribution charts can be found below:

* The bar in red indicates where Pratham EPC Projects's ROE % falls into.



Pratham EPC Projects ROE % Calculation

Pratham EPC Projects'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 )
=100.096/( (179.938+608.357)/ 2 )
=100.096/394.1475
=25.40 %

Pratham EPC Projects'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 )
=170.71/( (608.357+693.535)/ 2 )
=170.71/650.946
=26.22 %

* 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.


Pratham EPC Projects  (NSE:PRATHAM) 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
=170.71/650.946
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(170.71 / 1239.292)*(1239.292 / 884.605)*(884.605 / 650.946)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.77 %*1.401*1.359
=ROA %*Equity Multiplier
=19.29 %*1.359
=26.22 %

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
=170.71/650.946
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (170.71 / 231.438) * (231.438 / 193.054) * (193.054 / 1239.292) * (1239.292 / 884.605) * (884.605 / 650.946)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7376 * 1.1988 * 15.58 % * 1.401 * 1.359
=26.22 %

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.


Pratham EPC Projects ROE % Related Terms

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Pratham EPC Projects Business Description

Traded in Other Exchanges
N/A
Address
Iscon Temple Cross Road, S.G. Highway, A-1101, Sankalp Iconic Tower, Opposite Vikramnagar Colony, Ambli, Daskroi, Ahmedabad, GJ, IND, 380058
Pratham EPC Projects Ltd is an Oil & Gas pipeline infrastructure service provider in India. Its is focused on laying pipeline networks along with construction of associated facilities; and providing Operations & Maintenance services to the City Gas Distribution (CGD) Companies in India. The company had business verticals: 1) Oil & Gas Pipeline Projects which undertakes cross-country pipeline projects for different applications viz. Oil, gas & water etc. 2) Water Pipeline Projects which undertakes design, supply, laying, jointing, testing and commissioning of bulk and distribution pipeline network for domestic and industrial water supply.

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