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Gokak Textiles (BOM:532957) 1-Year ROIIC % : 7.70% (As of Sep. 2024)


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What is Gokak Textiles 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Gokak Textiles's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 7.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Gokak Textiles's 1-Year ROIIC % or its related term are showing as below:

BOM:532957's 1-Year ROIIC % is ranked better than
58.47% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.02 vs BOM:532957: 7.70

Gokak Textiles 1-Year ROIIC % Historical Data

The historical data trend for Gokak Textiles's 1-Year ROIIC % 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.

Gokak Textiles 1-Year ROIIC % Chart

Gokak Textiles Annual Data
Trend Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.48 -3,875.89 2.11 -30.69 -7.36

Gokak Textiles Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % 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 -3,031.23 - -7.36 - 7.70

Competitive Comparison of Gokak Textiles's 1-Year ROIIC %

For the Textile Manufacturing subindustry, Gokak Textiles's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Gokak Textiles's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokak Textiles's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Gokak Textiles's 1-Year ROIIC % falls into.



Gokak Textiles 1-Year ROIIC % Calculation

Gokak Textiles's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 73.732 (Sep. 2024) - -34.866 (Sep. 2023) )/( 3047.609 (Sep. 2024) - 1637.836 (Sep. 2023) )
=108.598/1409.773
=7.70%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Gokak Textiles  (BOM:532957) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Gokak Textiles 1-Year ROIIC % Related Terms

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Gokak Textiles Business Description

Traded in Other Exchanges
N/A
Address
Number 1, 12th Cross, 2nd Floor, Ideal Homes, Near Jayanna Circle, Rajarasjeshwari Nagar, Bengaluru, KA, IND, 560098
Gokak Textiles Ltd is a holding company. It is engaged in the business of textiles, manufacturing cotton yarn, blended yarn, industrial fabrics, terry towels, t-shirts, polos, undergarments, and sweaters, among others. It is also engaged in the generation, transmission, distribution, and trading of hydropower and other renewal and non-renewal sources of energy. The company's product categories include dyed yarns, canvas, yarns, and made-ups. Its yarn products include knitting, weaving, towels, socks, sweaters, home furnishing, and industrial and customized yarns. Its canvas products category includes tents, tarpaulins, animal covers, and agriculture covers. Made-ups category includes towels and knitted garments. The company operates in two reportable segment which is Textile and Power.

Gokak Textiles Headlines

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