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Sri Nachammai Cotton Mills (BOM:521234) 3-Year RORE % : 177.98% (As of Sep. 2024)


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What is Sri Nachammai Cotton Mills 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Sri Nachammai Cotton Mills's 3-Year RORE % for the quarter that ended in Sep. 2024 was 177.98%.

The industry rank for Sri Nachammai Cotton Mills's 3-Year RORE % or its related term are showing as below:

BOM:521234's 3-Year RORE % is ranked better than
93.31% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: -0.79 vs BOM:521234: 177.98

Sri Nachammai Cotton Mills 3-Year RORE % Historical Data

The historical data trend for Sri Nachammai Cotton Mills's 3-Year RORE % 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.

Sri Nachammai Cotton Mills 3-Year RORE % Chart

Sri Nachammai Cotton Mills Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,348.28 -126.65 125.79 -124.72 479.23

Sri Nachammai Cotton Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year RORE % 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 -581.13 -2,936.59 479.23 292.79 177.98

Competitive Comparison of Sri Nachammai Cotton Mills's 3-Year RORE %

For the Textile Manufacturing subindustry, Sri Nachammai Cotton Mills's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Sri Nachammai Cotton Mills's 3-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sri Nachammai Cotton Mills's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Sri Nachammai Cotton Mills's 3-Year RORE % falls into.



Sri Nachammai Cotton Mills 3-Year RORE % Calculation

Sri Nachammai Cotton Mills's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -6-13.4 )/( -10.9-0 )
=-19.4/-10.9
=177.98 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Sri Nachammai Cotton Mills  (BOM:521234) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Sri Nachammai Cotton Mills 3-Year RORE % Related Terms

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Sri Nachammai Cotton Mills Business Description

Traded in Other Exchanges
N/A
Address
4th Cross Street, Door No. 181, 'Vasantham', New Fairlands, Salem, TN, IND, 636016
Sri Nachammai Cotton Mills Ltd is engaged in textile manufacturing. The company operates in one Textile business segment. It manufactures combed, carded, compact cotton hosiery and hank yarn. The sale of yarn generates maximum revenue for the company.

Sri Nachammai Cotton Mills Headlines

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