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Kirloskar Oil Engines (BOM:533293) 3-Year ROIIC % : 9.30% (As of Mar. 2024)


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What is Kirloskar Oil Engines 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. Kirloskar Oil Engines's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 9.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Kirloskar Oil Engines's 3-Year ROIIC % or its related term are showing as below:

BOM:533293's 3-Year ROIIC % is ranked better than
56.39% of 2919 companies
in the Industrial Products industry
Industry Median: 5.9 vs BOM:533293: 9.30

Kirloskar Oil Engines 3-Year ROIIC % Historical Data

The historical data trend for Kirloskar Oil Engines'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.

Kirloskar Oil Engines 3-Year ROIIC % Chart

Kirloskar Oil Engines 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 3.62 14.66 1.89 9.63 9.30

Kirloskar Oil Engines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 9.30 - -

Competitive Comparison of Kirloskar Oil Engines's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Kirloskar Oil Engines'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.


Kirloskar Oil Engines's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kirloskar Oil Engines's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Kirloskar Oil Engines's 3-Year ROIIC % falls into.



Kirloskar Oil Engines 3-Year ROIIC % Calculation

Kirloskar Oil Engines'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**
=( 6761.76432 (Mar. 2024) - 2234.064 (Mar. 2021) )/( 69260 (Mar. 2024) - 20598.6 (Mar. 2021) )
=4527.70032/48661.4
=9.30%***

* 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.


Kirloskar Oil Engines  (BOM:533293) 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.


Kirloskar Oil Engines 3-Year ROIIC % Related Terms

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Kirloskar Oil Engines Business Description

Traded in Other Exchanges
Address
Laxmanrao Kirloskar Road, Khadki, Pune, MH, IND, 411003
Kirloskar Oil Engines Ltd is an India-based company that along with its subsidiaries, manufactures and distributes diesel engines, agricultural pump sets, electric pump sets power tillers, generating sets, and spares thereof and provides financial services. The company's products are used in various sectors including telecom, engineering, manufacturing, engineering, automobile, textile, food processing, defense, and others. Its operating reportable segments are; B2B, B2C, and Financial Services. Maximum revenue is generated from its B2B segment which includes the gensets and engines offered to businesses across different sectors. Geographically, the majority of the company's revenue is generated in India and the rest from other countries.

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