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Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) 3-Year ROIIC % : 14.49% (As of Mar. 2024)


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What is Mangalore Chemicals & Fertilizers 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. Mangalore Chemicals & Fertilizers's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 14.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mangalore Chemicals & Fertilizers's 3-Year ROIIC % or its related term are showing as below:

NSE:MANGCHEFER's 3-Year ROIIC % is ranked better than
72.58% of 248 companies
in the Agriculture industry
Industry Median: 1.75 vs NSE:MANGCHEFER: 14.49

Mangalore Chemicals & Fertilizers 3-Year ROIIC % Historical Data

The historical data trend for Mangalore Chemicals & Fertilizers'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.

Mangalore Chemicals & Fertilizers 3-Year ROIIC % Chart

Mangalore Chemicals & Fertilizers 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 40.88 10.05 3.03 -26.16 14.49

Mangalore Chemicals & Fertilizers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -26.16 - - - 14.49

Competitive Comparison of Mangalore Chemicals & Fertilizers's 3-Year ROIIC %

For the Agricultural Inputs subindustry, Mangalore Chemicals & Fertilizers'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.


Mangalore Chemicals & Fertilizers's 3-Year ROIIC % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalore Chemicals & Fertilizers's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mangalore Chemicals & Fertilizers's 3-Year ROIIC % falls into.



Mangalore Chemicals & Fertilizers 3-Year ROIIC % Calculation

Mangalore Chemicals & Fertilizers'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**
=( 1957.8069973 (Mar. 2024) - 1330.9546628 (Mar. 2021) )/( 20254.912 (Mar. 2024) - 15928.253 (Mar. 2021) )
=626.8523345/4326.659
=14.49%***

* 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.


Mangalore Chemicals & Fertilizers  (NSE:MANGCHEFER) 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.


Mangalore Chemicals & Fertilizers 3-Year ROIIC % Related Terms

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Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Business Description

Traded in Other Exchanges
Address
Vittal Mallya Road, Level-11, UB Towers, UB City Number 24, Bengaluru, KA, IND, 560001
Mangalore Chemicals & Fertilizers Ltd manufactures and markets chemical fertilizers in the state of Karnataka. It manufactures both Nitrogenous and Phosphatic fertilizers and is the only manufacturer of fertilizers in the state of Karnataka. About 77% of the company's products are sold in the state of Karnataka, which meets about 10% of the needs of the farmers in the State.

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