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Antony Waste Handling Cell (BOM:543254) ROE % : 9.61% (As of Dec. 2023)


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What is Antony Waste Handling Cell ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Antony Waste Handling Cell's annualized net income for the quarter that ended in Dec. 2023 was ₹512 Mil. Antony Waste Handling Cell's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₹5,327 Mil. Therefore, Antony Waste Handling Cell's annualized ROE % for the quarter that ended in Dec. 2023 was 9.61%.

The historical rank and industry rank for Antony Waste Handling Cell's ROE % or its related term are showing as below:

BOM:543254' s ROE % Range Over the Past 10 Years
Min: 13.82   Med: 17.76   Max: 39.99
Current: 13.82

During the past 7 years, Antony Waste Handling Cell's highest ROE % was 39.99%. The lowest was 13.82%. And the median was 17.76%.

BOM:543254's ROE % is ranked better than
80% of 235 companies
in the Waste Management industry
Industry Median: 5.69 vs BOM:543254: 13.82

Antony Waste Handling Cell ROE % Historical Data

The historical data trend for Antony Waste Handling Cell's ROE % 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.

Antony Waste Handling Cell ROE % Chart

Antony Waste Handling Cell Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 30.28 15.76 15.75 17.76 15.09

Antony Waste Handling Cell Quarterly Data
Mar16 Mar17 Mar18 Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 10.35 7.88 15.04 20.75 9.61

Competitive Comparison of Antony Waste Handling Cell's ROE %

For the Waste Management subindustry, Antony Waste Handling Cell's ROE %, along with its competitors' market caps and ROE % 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.


Antony Waste Handling Cell's ROE % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Antony Waste Handling Cell's ROE % distribution charts can be found below:

* The bar in red indicates where Antony Waste Handling Cell's ROE % falls into.



Antony Waste Handling Cell ROE % Calculation

Antony Waste Handling Cell's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=680.825/( (4167.675+4857.431)/ 2 )
=680.825/4512.553
=15.09 %

Antony Waste Handling Cell's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=512.14/( (5326.547+0)/ 1 )
=512.14/5326.547
=9.61 %

* 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 annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Antony Waste Handling Cell  (BOM:543254) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=512.14/5326.547
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(512.14 / 8686.088)*(8686.088 / 13727.038)*(13727.038 / 5326.547)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.9 %*0.6328*2.5771
=ROA %*Equity Multiplier
=3.73 %*2.5771
=9.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=512.14/5326.547
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (512.14 / 927.044) * (927.044 / 1161.676) * (1161.676 / 8686.088) * (8686.088 / 13727.038) * (13727.038 / 5326.547)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5524 * 0.798 * 13.37 % * 0.6328 * 2.5771
=9.61 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Antony Waste Handling Cell ROE % Related Terms

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Antony Waste Handling Cell (BOM:543254) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601
Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell (BOM:543254) Headlines

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