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Dhanashree Electronics (BOM:542679) 3-Year ROIIC % : -35.39% (As of Mar. 2023)


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What is Dhanashree Electronics 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. Dhanashree Electronics's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -35.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:542679's 3-Year ROIIC % is ranked worse than
85.42% of 2914 companies
in the Industrial Products industry
Industry Median: 4.69 vs BOM:542679: -35.39

Dhanashree Electronics 3-Year ROIIC % Historical Data

The historical data trend for Dhanashree Electronics'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.

Dhanashree Electronics 3-Year ROIIC % Chart

Dhanashree Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.75 15.11 -6.29 -10.91 -35.39

Dhanashree Electronics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - -35.39 - -

Competitive Comparison of Dhanashree Electronics's 3-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Dhanashree Electronics'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.


Dhanashree Electronics's 3-Year ROIIC % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Dhanashree Electronics's 3-Year ROIIC % falls into.



Dhanashree Electronics 3-Year ROIIC % Calculation

Dhanashree Electronics's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -28.8823495 (Mar. 2023) - 46.9893256 (Mar. 2020) )/( 892.96 (Mar. 2023) - 678.545 (Mar. 2020) )
=-75.8716751/214.415
=-35.39%***

* 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.


Dhanashree Electronics  (BOM:542679) 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.


Dhanashree Electronics 3-Year ROIIC % Related Terms

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Dhanashree Electronics (BOM:542679) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. XI-16, Sector-V, Block EP and GP, Rashmi Building, Salt Lake Electronic Complex, Salt Lake City, Kolkata, WB, IND, 700091
Dhanashree Electronics Ltd is an India-based company engaged in the manufacturing and trading of electrical goods. It is engaged in lighting manufacturing, electrical goods marketing, installation services, professional audio, recording studio, and others. The company's product portfolio includes home lighting solutions, retail, and office solutions, outdoor and industrial solutions, LED garden lights and solar light solutions, Three blades fan bulbs, Mosquito LED bulbs, and others.

Dhanashree Electronics (BOM:542679) Headlines

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