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Vishnusurya Projects and Infra (NSE:VISHNUINFR) ROE % : 32.81% (As of Mar. 2023)


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What is Vishnusurya Projects and Infra ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vishnusurya Projects and Infra's annualized net income for the quarter that ended in Mar. 2023 was ₹166 Mil. Vishnusurya Projects and Infra's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was ₹505 Mil. Therefore, Vishnusurya Projects and Infra's annualized ROE % for the quarter that ended in Mar. 2023 was 32.81%.

The historical rank and industry rank for Vishnusurya Projects and Infra's ROE % or its related term are showing as below:

NSE:VISHNUINFR' s ROE % Range Over the Past 10 Years
Min: 11.29   Med: 20.32   Max: 32.81
Current: 32.81

During the past 3 years, Vishnusurya Projects and Infra's highest ROE % was 32.81%. The lowest was 11.29%. And the median was 20.32%.

NSE:VISHNUINFR's ROE % is ranked better than
97.1% of 2482 companies
in the Metals & Mining industry
Industry Median: -16.005 vs NSE:VISHNUINFR: 32.81

Vishnusurya Projects and Infra ROE % Historical Data

The historical data trend for Vishnusurya Projects and Infra'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.

Vishnusurya Projects and Infra ROE % Chart

Vishnusurya Projects and Infra Annual Data
Trend Mar21 Mar22 Mar23
ROE %
11.29 20.32 32.81

Vishnusurya Projects and Infra Semi-Annual Data
Mar21 Mar22 Mar23
ROE % 11.29 20.32 32.81

Competitive Comparison of Vishnusurya Projects and Infra's ROE %

For the Other Industrial Metals & Mining subindustry, Vishnusurya Projects and Infra'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.


Vishnusurya Projects and Infra's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vishnusurya Projects and Infra's ROE % distribution charts can be found below:

* The bar in red indicates where Vishnusurya Projects and Infra's ROE % falls into.



Vishnusurya Projects and Infra ROE % Calculation

Vishnusurya Projects and Infra'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 )
=165.81/( (415.588+595.239)/ 2 )
=165.81/505.4135
=32.81 %

Vishnusurya Projects and Infra's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=165.81/( (415.588+595.239)/ 2 )
=165.81/505.4135
=32.81 %

* 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 one times the annual (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Vishnusurya Projects and Infra  (NSE:VISHNUINFR) 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. 2023 )
=Net Income/Total Stockholders Equity
=165.81/505.4135
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(165.81 / 1323.711)*(1323.711 / 1197.7335)*(1197.7335 / 505.4135)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.53 %*1.1052*2.3698
=ROA %*Equity Multiplier
=13.85 %*2.3698
=32.81 %

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. 2023 )
=Net Income/Total Stockholders Equity
=165.81/505.4135
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (165.81 / 223.144) * (223.144 / 259.274) * (259.274 / 1323.711) * (1323.711 / 1197.7335) * (1197.7335 / 505.4135)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7431 * 0.8606 * 19.59 % * 1.1052 * 2.3698
=32.81 %

Note: The net income data used here is one times the annual (Mar. 2023) net income data. The Revenue data used here is one times the annual (Mar. 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.


Vishnusurya Projects and Infra ROE % Related Terms

Thank you for viewing the detailed overview of Vishnusurya Projects and Infra's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vishnusurya Projects and Infra (NSE:VISHNUINFR) Business Description

Traded in Other Exchanges
N/A
Address
North Mada Street, 2nd Floor, Qbas Temple Tower, No. 76/25, Mylapore, Chennai, TN, IND, 600 004
Vishnusurya Projects and Infra Ltd is engaged in the mining of rough stones and the manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu.

Vishnusurya Projects and Infra (NSE:VISHNUINFR) Headlines

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