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Manav infra projects (NSE:MANAV) ROE % : 0.00% (As of Mar. 2022)


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What is Manav infra projects ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Manav infra projects's annualized net income for the quarter that ended in Mar. 2022 was ₹-56.98 Mil. Manav infra projects's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was ₹-24.01 Mil. Therefore, Manav infra projects's annualized ROE % for the quarter that ended in Mar. 2022 was N/A%.

The historical rank and industry rank for Manav infra projects's ROE % or its related term are showing as below:

NSE:MANAV's ROE % is not ranked *
in the Construction industry.
Industry Median: 6.71
* Ranked among companies with meaningful ROE % only.

Manav infra projects ROE % Historical Data

The historical data trend for Manav infra projects'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.

Manav infra projects ROE % Chart

Manav infra projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 -59.19 -183.22 - Negative Equity

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 -117.66 -340.56 - - -

Competitive Comparison of Manav infra projects's ROE %

For the Engineering & Construction subindustry, Manav infra projects'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.


Manav infra projects's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's ROE % distribution charts can be found below:

* The bar in red indicates where Manav infra projects's ROE % falls into.



Manav infra projects ROE % Calculation

Manav infra projects'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 )
=5.984/( (-38.251+-32.268)/ 2 )
=5.984/-35.2595
=Negative Equity %

Manav infra projects's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Sep. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-56.976/( (-9.763+-38.251)/ 2 )
=-56.976/-24.007
=N/A %

* 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 two times the semi-annual (Mar. 2022) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Manav infra projects  (NSE:MANAV) 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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-56.976/-24.007
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-56.976 / 64.052)*(64.052 / 113.666)*(113.666 / -24.007)
=Net Margin %*Asset Turnover*Equity Multiplier
=-88.95 %*0.5635*N/A
=ROA %*Equity Multiplier
=-50.12 %*N/A
=N/A %

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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-56.976/-24.007
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-56.976 / -58.85) * (-58.85 / -34.276) * (-34.276 / 64.052) * (64.052 / 113.666) * (113.666 / -24.007)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9682 * 1.7169 * -53.51 % * 0.5635 * N/A
=N/A %

Note: The net income data used here is two times the semi-annual (Mar. 2022) net income data. The Revenue data used here is two times the semi-annual (Mar. 2022) 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.


Manav infra projects ROE % Related Terms

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Manav infra projects (NSE:MANAV) Business Description

Traded in Other Exchanges
N/A
Address
Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is engaged in civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work, and others.

Manav infra projects (NSE:MANAV) Headlines

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