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Durlax Top Surface (NSE:DURLAX) 1-Year ROIIC % : 0.00% (As of Mar. 2023)


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What is Durlax Top Surface 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. Durlax Top Surface's 1-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DURLAX's 1-Year ROIIC % is not ranked *
in the Building Materials industry.
Industry Median: 1.255
* Ranked among companies with meaningful 1-Year ROIIC % only.

Durlax Top Surface 1-Year ROIIC % Historical Data

The historical data trend for Durlax Top Surface'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.

Durlax Top Surface 1-Year ROIIC % Chart

Durlax Top Surface Annual Data
Trend Mar21 Mar22 Mar23
1-Year ROIIC %
- 1,313.14 104.59

Durlax Top Surface Semi-Annual Data
Mar21 Mar22 Mar23
1-Year ROIIC % - 1,313.14 104.59

Competitive Comparison of Durlax Top Surface's 1-Year ROIIC %

For the Building Materials subindustry, Durlax Top Surface'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.


Durlax Top Surface's 1-Year ROIIC % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Durlax Top Surface's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Durlax Top Surface's 1-Year ROIIC % falls into.


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Durlax Top Surface 1-Year ROIIC % Calculation

Durlax Top Surface'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
=( 58.730742 (Mar. 2023) - 30.7945892 (Mar. 2022) )/( 557.154 (Mar. 2023) - 530.443 (Mar. 2022) )
=27.9361528/26.711
=104.59%***

* 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.


Durlax Top Surface  (NSE:DURLAX) 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.


Durlax Top Surface 1-Year ROIIC % Related Terms

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Durlax Top Surface Business Description

Traded in Other Exchanges
N/A
Address
Off Vishweshwar Nagar Road, Unit No. 1601, 16th Floor, Synergy Business Park, Premises Co-op Society Ltd, Behind Virwani Industrial Estate, Sahakarwadi, Goregaon (E), Mumbai, MH, IND, 400 063
Durlax Top Surface Ltd is engaged in the business of manufacturing solid surface material in India. The company operates through two brands namely LUXOR and ASPIRON, that provide a wide range of solid surfaces. LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces.

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