Ashtasidhhi Industries (BOM:531341) 5-Year ROIIC % : -7.17% (As of Mar. 2024)

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What is Ashtasidhhi Industries 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Ashtasidhhi Industries's 5-Year ROIIC % for the quarter that ended in Mar. 2024 was -7.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ashtasidhhi Industries's 5-Year ROIIC % or its related term are showing as below:

BOM:531341's 5-Year ROIIC % is ranked worse than
78.51% of 363 companies
in the Credit Services industry
Industry Median: 1.98 vs BOM:531341: -7.17

Ashtasidhhi Industries 5-Year ROIIC % Historical Data

The historical data trend for Ashtasidhhi Industries's 5-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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Ashtasidhhi Industries 5-Year ROIIC % Chart

Ashtasidhhi Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

5-Year ROIIC %

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74.70

4.08

0.79

27.19

-7.17

Ashtasidhhi Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
5-Year ROIIC %	Get a 7-Day Free Trial															27.19	-	-	-	-7.17

Competitive Comparison of Ashtasidhhi Industries's 5-Year ROIIC %

For the Credit Services subindustry, Ashtasidhhi Industries's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

Ashtasidhhi Industries's 5-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ashtasidhhi Industries's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ashtasidhhi Industries's 5-Year ROIIC % falls into.

Ashtasidhhi Industries 5-Year ROIIC % Calculation

Ashtasidhhi Industries's 5-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( 0.718 (Mar. 2024) - 0.396798 (Mar. 2019) )	/	( 101.11 (Mar. 2024) - 105.59 (Mar. 2019) )
	=	0.321202	/	-4.48
	=	-7.17%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-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.

Ashtasidhhi Industries (BOM:531341) 5-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.

Ashtasidhhi Industries 5-Year ROIIC % Related Terms

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Ashtasidhhi Industries (BOM:531341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ashtasidhhi Industries Ltd (BOM:531341) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

252, New Cloth Market, Opposite Raipur Gate, Ahmedabad, GJ, IND, 380002

Website

https://www.gujaratinvesta.com

Ashtasidhhi Industries Ltd Formerly Gujarat Investa Ltd operates as a non-banking finance company in India. It is engaged in the finance, investment, and leasing businesses, as well as the hire or acquisition of immovable or movable property. It has primary segments for revenue generation in finance. The company generates revenue from Interest income, Dividends received and the sale of Investments.

Ashtasidhhi Industries (BOM:531341) Headlines

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