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Indigo Paints (BOM:543258) 3-Year RORE % : 10.33% (As of Dec. 2024)


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What is Indigo Paints 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. Indigo Paints's 3-Year RORE % for the quarter that ended in Dec. 2024 was 10.33%.

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

BOM:543258's 3-Year RORE % is ranked better than
66.33% of 1497 companies
in the Chemicals industry
Industry Median: -5.71 vs BOM:543258: 10.33

Indigo Paints 3-Year RORE % Historical Data

The historical data trend for Indigo Paints'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.

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Indigo Paints 3-Year RORE % Chart

Indigo Paints Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial - - - 14.29 19.85

Indigo Paints Quarterly Data
Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 15.22 19.85 19.33 11.70 10.33

Competitive Comparison of Indigo Paints's 3-Year RORE %

For the Specialty Chemicals subindustry, Indigo Paints'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.


Indigo Paints's 3-Year RORE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indigo Paints's 3-Year RORE % distribution charts can be found below:

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


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Indigo Paints 3-Year RORE % Calculation

Indigo Paints's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 29.02-21.73 )/( 80.59-10 )
=7.29/70.59
=10.33 %

* 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 Dec. 2024 and 3-year before.


Indigo Paints  (BOM:543258) 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.


Indigo Paints 3-Year RORE % Related Terms

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Indigo Paints Business Description

Traded in Other Exchanges
Address
Baner Road, Street 5, Indigo Tower, Pallod Farm 2, Pune, MH, IND, 411 045
Indigo Paints Ltd is engaged in manufacturing different types of decorative paints like enamels, emulsions, wood coatings, primers, distempers, putties, and cement paints. Its only operating segment being Paints. Geographically, it derives a majority of revenue from India and also has its presence in other countries.

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