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Destiny Logistics & Infra (NSE:DESTINY) 3-Year ROIIC % : 7.55% (As of Mar. 2023)


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What is Destiny Logistics & Infra 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. Destiny Logistics & Infra's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 7.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Destiny Logistics & Infra's 3-Year ROIIC % or its related term are showing as below:

NSE:DESTINY's 3-Year ROIIC % is ranked better than
53.33% of 932 companies
in the Transportation industry
Industry Median: 5.535 vs NSE:DESTINY: 7.55

Destiny Logistics & Infra 3-Year ROIIC % Historical Data

The historical data trend for Destiny Logistics & Infra'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.

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Destiny Logistics & Infra 3-Year ROIIC % Chart

Destiny Logistics & Infra Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
- - - 6.11 7.55

Destiny Logistics & Infra Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC % - - - 6.11 7.55

Competitive Comparison of Destiny Logistics & Infra's 3-Year ROIIC %

For the Trucking subindustry, Destiny Logistics & Infra'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.


Destiny Logistics & Infra's 3-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Destiny Logistics & Infra's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Destiny Logistics & Infra's 3-Year ROIIC % falls into.



Destiny Logistics & Infra 3-Year ROIIC % Calculation

Destiny Logistics & Infra'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**
=( 22.7722952 (Mar. 2023) - 1.2681886 (Mar. 2020) )/( 301.762 (Mar. 2023) - 16.836 (Mar. 2020) )
=21.5041066/284.926
=7.55%***

* 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.


Destiny Logistics & Infra  (NSE:DESTINY) 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.


Destiny Logistics & Infra 3-Year ROIIC % Related Terms

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Destiny Logistics & Infra (NSE:DESTINY) Business Description

Traded in Other Exchanges
N/A
Address
ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091
Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

Destiny Logistics & Infra (NSE:DESTINY) Headlines

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