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Advait Infratech (BOM:543230) 3-Year ROIIC % : 35.76% (As of Mar. 2023)


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What is Advait Infratech 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. Advait Infratech's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 35.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:543230's 3-Year ROIIC % is ranked better than
82.18% of 2924 companies
in the Industrial Products industry
Industry Median: 5.045 vs BOM:543230: 35.76

Advait Infratech 3-Year ROIIC % Historical Data

The historical data trend for Advait Infratech'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.

Advait Infratech 3-Year ROIIC % Chart

Advait Infratech Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial - - 2.20 22.89 35.76

Advait Infratech Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 22.89 - 35.76 -

Competitive Comparison of Advait Infratech's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Advait Infratech'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.


Advait Infratech's 3-Year ROIIC % Distribution in the Industrial Products Industry

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

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



Advait Infratech 3-Year ROIIC % Calculation

Advait Infratech'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**
=( 93.1081536 (Mar. 2023) - 5.8718157 (Mar. 2020) )/( 461.12 (Mar. 2023) - 217.137 (Mar. 2020) )
=87.2363379/243.983
=35.76%***

* 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.


Advait Infratech  (BOM:543230) 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.


Advait Infratech 3-Year ROIIC % Related Terms

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Advait Infratech (BOM:543230) Business Description

Traded in Other Exchanges
N/A
Address
Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054
Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

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