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Saraswatiree Depot (BOM:544230) 3-Year RORE % : 26.57% (As of Mar. 2024)


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What is Saraswatiree Depot 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. Saraswatiree Depot's 3-Year RORE % for the quarter that ended in Mar. 2024 was 26.57%.

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

BOM:544230's 3-Year RORE % is ranked better than
72.76% of 1039 companies
in the Retail - Cyclical industry
Industry Median: 0.67 vs BOM:544230: 26.57

Saraswatiree Depot 3-Year RORE % Historical Data

The historical data trend for Saraswatiree Depot'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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Saraswatiree Depot 3-Year RORE % Chart

Saraswatiree Depot Annual Data
Trend Mar21 Mar22 Mar23 Mar24
3-Year RORE %
- - - 26.57

Saraswatiree Depot Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
3-Year RORE % - - - 26.57

Competitive Comparison of Saraswatiree Depot's 3-Year RORE %

For the Apparel Retail subindustry, Saraswatiree Depot'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.


Saraswatiree Depot's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saraswatiree Depot's 3-Year RORE % distribution charts can be found below:

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



Saraswatiree Depot 3-Year RORE % Calculation

Saraswatiree Depot's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 7.457-3.108 )/( 16.367-0 )
=4.349/16.367
=26.57 %

* 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 Mar. 2024 and 3-year before.


Saraswatiree Depot  (BOM:544230) 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.


Saraswatiree Depot 3-Year RORE % Related Terms

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Saraswatiree Depot Business Description

Comparable Companies
Traded in Other Exchanges
Address
Gandhinagar Road, Sr No.144/1 Manademala, Near Tawade Hotel, Uchagaon, Kolhapur, MH, IND, 416005
Saraswati Saree Depot Ltd is a key player in the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.

Saraswatiree Depot Headlines

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