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Tridhya Tech (NSE:TRIDHYA) 3-Year ROIIC % : -8.48% (As of Mar. 2024)


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What is Tridhya Tech 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. Tridhya Tech's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -8.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:TRIDHYA's 3-Year ROIIC % is ranked worse than
67.85% of 2622 companies
in the Software industry
Industry Median: 4.495 vs NSE:TRIDHYA: -8.48

Tridhya Tech 3-Year ROIIC % Historical Data

The historical data trend for Tridhya Tech'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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Tridhya Tech 3-Year ROIIC % Chart

Tridhya Tech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
- - - 5.01 -8.48

Tridhya Tech Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC % - - - 5.01 -8.48

Competitive Comparison of Tridhya Tech's 3-Year ROIIC %

For the Software - Infrastructure subindustry, Tridhya Tech'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.


Tridhya Tech's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Tridhya Tech's 3-Year ROIIC % distribution charts can be found below:

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


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Tridhya Tech 3-Year ROIIC % Calculation

Tridhya Tech'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**
=( -54.1236498 (Mar. 2024) - 9.701202 (Mar. 2021) )/( 851.873 (Mar. 2024) - 99.611 (Mar. 2021) )
=-63.8248518/752.262
=-8.48%***

* 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.


Tridhya Tech  (NSE:TRIDHYA) 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.


Tridhya Tech 3-Year ROIIC % Related Terms

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Tridhya Tech Business Description

Traded in Other Exchanges
N/A
Address
S. P. Ring Road, 401, One World West, Near Ambli T-Junction 200, Bopal, Ahmedabad, GJ, IND, 380058
Tridhya Tech Ltd is engaged in full-service Software Development which includes all IT services and resources. It provides turnkey consultancy services to various industries like e-commerce, Real estate, transport and Logistics, Insurance and other sectors. The company provides services related to e-commerce development, Enterprise Content Management, Bespoke Web Management, Mobile App, Development, API Development, Product Support & Maintenance, Front End Development and Graphic design. It provides customized software products, which start from the initial concept of the product requirement, designing the architecture, coding and testing, and deploying to the final deployment of the product, and also provides post-deployment support on time to time basis to its clients.

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