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Tinna Rubber & Infrastructure (BOM:530475) 3-Year ROIIC % : 68.41% (As of Mar. 2024)


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What is Tinna Rubber & Infrastructure 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Tinna Rubber & Infrastructure's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 68.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tinna Rubber & Infrastructure's 3-Year ROIIC % or its related term are showing as below:

BOM:530475's 3-Year ROIIC % is ranked better than
92.01% of 1514 companies
in the Chemicals industry
Industry Median: 1.775 vs BOM:530475: 68.41

Tinna Rubber & Infrastructure 3-Year ROIIC % Historical Data

The historical data trend for Tinna Rubber & Infrastructure's 3-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.

Tinna Rubber & Infrastructure 3-Year ROIIC % Chart

Tinna Rubber & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.02 59.86 -292.41 768.66 68.41

Tinna Rubber & Infrastructure Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
3-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 - 68.41 - - -

Competitive Comparison of Tinna Rubber & Infrastructure's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Tinna Rubber & Infrastructure's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Tinna Rubber & Infrastructure's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tinna Rubber & Infrastructure's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tinna Rubber & Infrastructure's 3-Year ROIIC % falls into.



Tinna Rubber & Infrastructure 3-Year ROIIC % Calculation

Tinna Rubber & Infrastructure's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 446.4010056 (Mar. 2024) - -49.569816 (Mar. 2021) )/( 2281.41 (Mar. 2024) - 1556.414 (Mar. 2021) )
=495.9708216/724.996
=68.41%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Tinna Rubber & Infrastructure  (BOM:530475) 3-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.


Tinna Rubber & Infrastructure 3-Year ROIIC % Related Terms

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Tinna Rubber & Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
Mandi Road, Tinna House, No.6 Sultanpur, Mehrauli, New Delhi, IND, 110030
Tinna Rubber & Infrastructure Ltd is engaged in recycling of the waste tyres/end of life tyres (ELT) and manufacture of value added products. The company manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ ultrafine crumb rubber compound, cut wire shots, polymer composites etc. The products are used for making/ repair of road, tyres and auto part industry. Its manufacturing units are located at Panipat in Haryana, Wada & Varle in Maharashtra, Haldia in West Bengal, Gummidipundi in Tamil Nadu. It operates in single segment namely Crumb Rubber, Crumb Rubber Modifier, Modified Bitumen & Bitumen Emulsion and Allied Products.

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