GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajgor Castor Derivatives Ltd (NSE:RCDL) » Definitions » ROE %

Rajgor Castor Derivatives (NSE:RCDL) ROE % : 19.99% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Rajgor Castor Derivatives ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rajgor Castor Derivatives's annualized net income for the quarter that ended in Mar. 2024 was ₹98 Mil. Rajgor Castor Derivatives's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹489 Mil. Therefore, Rajgor Castor Derivatives's annualized ROE % for the quarter that ended in Mar. 2024 was 19.99%.

The historical rank and industry rank for Rajgor Castor Derivatives's ROE % or its related term are showing as below:

NSE:RCDL' s ROE % Range Over the Past 10 Years
Min: -75.14   Med: 19.99   Max: 43.19
Current: 19.99

During the past 5 years, Rajgor Castor Derivatives's highest ROE % was 43.19%. The lowest was -75.14%. And the median was 19.99%.

NSE:RCDL's ROE % is ranked better than
85.36% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 7.04 vs NSE:RCDL: 19.99

Rajgor Castor Derivatives ROE % Historical Data

The historical data trend for Rajgor Castor Derivatives'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.

Rajgor Castor Derivatives ROE % Chart

Rajgor Castor Derivatives Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
-29.41 -75.14 29.69 43.19 19.99

Rajgor Castor Derivatives Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
ROE % -29.41 -75.14 29.69 43.19 19.99

Competitive Comparison of Rajgor Castor Derivatives's ROE %

For the Packaged Foods subindustry, Rajgor Castor Derivatives'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.


Rajgor Castor Derivatives's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rajgor Castor Derivatives's ROE % distribution charts can be found below:

* The bar in red indicates where Rajgor Castor Derivatives's ROE % falls into.


;
;

Rajgor Castor Derivatives ROE % Calculation

Rajgor Castor Derivatives'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 )
=97.839/( (236.555+742.196)/ 2 )
=97.839/489.3755
=19.99 %

Rajgor Castor Derivatives's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=97.839/( (236.555+742.196)/ 2 )
=97.839/489.3755
=19.99 %

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


Rajgor Castor Derivatives  (NSE:RCDL) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=97.839/489.3755
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(97.839 / 5642.156)*(5642.156 / 1328.2175)*(1328.2175 / 489.3755)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.73 %*4.2479*2.7141
=ROA %*Equity Multiplier
=7.35 %*2.7141
=19.99 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=97.839/489.3755
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (97.839 / 136.4) * (136.4 / 184.264) * (184.264 / 5642.156) * (5642.156 / 1328.2175) * (1328.2175 / 489.3755)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7173 * 0.7402 * 3.27 % * 4.2479 * 2.7141
=19.99 %

Note: The net income data used here is one times the annual (Mar. 2024) net income data. The Revenue data used here is one times the annual (Mar. 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.


Rajgor Castor Derivatives ROE % Related Terms

Thank you for viewing the detailed overview of Rajgor Castor Derivatives's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rajgor Castor Derivatives Business Description

Traded in Other Exchanges
N/A
Address
Science City Road, 1118, Fortune Business Hub, Near Satyamev Elysium, Sola, Ahmedabad, GJ, IND, 380060
Rajgor Castor Derivatives Ltd manufactures Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. It focuses on operations relating to quality control, inventory management, and business development.

Rajgor Castor Derivatives Headlines

No Headlines