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Art Nirman (NSE:ARTNIRMAN) 1-Year ROIIC % : 361.81% (As of Mar. 2023)


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What is Art Nirman 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. Art Nirman's 1-Year ROIIC % for the quarter that ended in Mar. 2023 was 361.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:ARTNIRMAN's 1-Year ROIIC % is ranked better than
96.91% of 1616 companies
in the Real Estate industry
Industry Median: -0.175 vs NSE:ARTNIRMAN: 361.81

Art Nirman 1-Year ROIIC % Historical Data

The historical data trend for Art Nirman'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.

Art Nirman 1-Year ROIIC % Chart

Art Nirman Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 13.22 2.43 68.28 361.81

Art Nirman Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 2.43 13.94 68.28 47.95 361.81

Competitive Comparison of Art Nirman's 1-Year ROIIC %

For the Real Estate - Development subindustry, Art Nirman'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.


Art Nirman's 1-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's 1-Year ROIIC % distribution charts can be found below:

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



Art Nirman 1-Year ROIIC % Calculation

Art Nirman's 1-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 3.5471703 (Mar. 2023) - -106.0681965 (Mar. 2022) )/( 411.742 (Mar. 2023) - 381.446 (Mar. 2022) )
=109.6153668/30.296
=361.81%***

* 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.


Art Nirman  (NSE:ARTNIRMAN) 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.


Art Nirman 1-Year ROIIC % Related Terms

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Art Nirman (NSE:ARTNIRMAN) Business Description

Traded in Other Exchanges
N/A
Address
Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.

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