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Kridhan Infra (BOM:533482) 3-Year RORE % : -45.53% (As of Sep. 2024)


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What is Kridhan Infra 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. Kridhan Infra's 3-Year RORE % for the quarter that ended in Sep. 2024 was -45.53%.

The industry rank for Kridhan Infra's 3-Year RORE % or its related term are showing as below:

BOM:533482's 3-Year RORE % is ranked worse than
71.36% of 611 companies
in the Steel industry
Industry Median: -5.17 vs BOM:533482: -45.53

Kridhan Infra 3-Year RORE % Historical Data

The historical data trend for Kridhan Infra'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.

Kridhan Infra 3-Year RORE % Chart

Kridhan Infra Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.70 -72.93 74.07 8.49 -30.95

Kridhan Infra 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 5.95 -5.15 -30.95 -30.26 -45.53

Competitive Comparison of Kridhan Infra's 3-Year RORE %

For the Steel subindustry, Kridhan Infra'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.


Kridhan Infra's 3-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kridhan Infra's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Kridhan Infra's 3-Year RORE % falls into.



Kridhan Infra 3-Year RORE % Calculation

Kridhan Infra'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 )
=( -14.78--43.86 )/( -63.87-0 )
=29.08/-63.87
=-45.53 %

* 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.


Kridhan Infra  (BOM:533482) 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.


Kridhan Infra 3-Year RORE % Related Terms

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Kridhan Infra Business Description

Traded in Other Exchanges
Address
Ahmedabad Street, Carnac Bunder, 203, Joshi Chambers, Masjid (East), Mumbai, MH, IND, 400 009
Kridhan Infra Ltd is engaged in the trading in business of iron and steel and allied materials. Geographically, it derives a majority of its revenue from Outside India. The company services include bored piling; driven piling; micro piling and soil improvement; and soil investigation. Its products include bridge expansion joints which have a different type of sections such as KRIDHAN-C type, KRIDHAN-Z type, KRIDHAN-F type, and KRIDHAN-L type.

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