Silkflex Polymers (India) Past Earnings Performance
Past criteria checks 4/6
Silkflex Polymers (India) has been growing earnings at an average annual rate of 60.4%, while the Trade Distributors industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 34.9% per year. Silkflex Polymers (India)'s return on equity is 32%, and it has net margins of 6.6%.
Key information
60.4%
Earnings growth rate
53.0%
EPS growth rate
| Trade Distributors Industry Growth | 27.3% |
| Revenue growth rate | 34.9% |
| Return on equity | 32.0% |
| Net Margin | 6.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Silkflex Polymers (India) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 596 | 39 | 26 | 0 |
| 31 Mar 23 | 443 | 8 | 23 | 0 |
| 31 Mar 22 | 278 | 7 | 16 | 0 |
| 31 Mar 21 | 208 | 5 | 14 | 0 |
| 31 Mar 20 | 206 | 3 | 9 | 0 |
Quality Earnings: SILKFLEX has a high level of non-cash earnings.
Growing Profit Margin: SILKFLEX's current net profit margins (6.6%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SILKFLEX's earnings have grown significantly by 60.4% per year over the past 5 years.
Accelerating Growth: SILKFLEX's earnings growth over the past year (373.3%) exceeds its 5-year average (60.4% per year).
Earnings vs Industry: SILKFLEX earnings growth over the past year (373.3%) exceeded the Trade Distributors industry 21.7%.
Return on Equity
High ROE: Whilst SILKFLEX's Return on Equity (32.05%) is high, this metric is skewed due to their high level of debt.