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Machhar Industries (BOM:543934) 3-Year ROIIC % : -389.93% (As of Mar. 2024)


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What is Machhar Industries 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. Machhar Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -389.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:543934's 3-Year ROIIC % is ranked worse than
98.63% of 1531 companies
in the Chemicals industry
Industry Median: 1.91 vs BOM:543934: -389.93

Machhar Industries 3-Year ROIIC % Historical Data

The historical data trend for Machhar Industries'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.

Machhar Industries 3-Year ROIIC % Chart

Machhar Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial - - -2.17 0.62 -389.93

Machhar Industries Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -389.93 -

Competitive Comparison of Machhar Industries's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Machhar Industries'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.


Machhar Industries's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Machhar Industries's 3-Year ROIIC % distribution charts can be found below:

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



Machhar Industries 3-Year ROIIC % Calculation

Machhar Industries'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**
=( 4.441242 (Mar. 2024) - 22.814911 (Mar. 2021) )/( 107.372 (Mar. 2024) - 102.66 (Mar. 2021) )
=-18.373669/4.712
=-389.93%***

* 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.


Machhar Industries  (BOM:543934) 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.


Machhar Industries 3-Year ROIIC % Related Terms

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Machhar Industries Business Description

Traded in Other Exchanges
N/A
Address
Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001
Machhar Industries Ltd operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division.

Machhar Industries Headlines

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