Karnika Industries Past Earnings Performance
Past criteria checks 2/6
Karnika Industries has been growing earnings at an average annual rate of 87.8%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 33.4% per year. Karnika Industries's return on equity is 47.2%, and it has net margins of 6.5%.
Key information
87.8%
Earnings growth rate
54.5%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | 33.4% |
| Return on equity | 47.2% |
| Net Margin | 6.5% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Karnika Industries 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 23 | 1,318 | 85 | 28 | 0 |
| 31 Mar 22 | 988 | 45 | 13 | 0 |
| 31 Mar 21 | 475 | 8 | 6 | 0 |
Quality Earnings: KARNIKA has a high level of non-cash earnings.
Growing Profit Margin: KARNIKA's current net profit margins (6.5%) are higher than last year (4.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if KARNIKA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare KARNIKA's past year earnings growth to its 5-year average.
Earnings vs Industry: KARNIKA earnings growth over the past year (87.8%) exceeded the Luxury industry -3.1%.
Return on Equity
High ROE: Whilst KARNIKA's Return on Equity (47.18%) is outstanding, this metric is skewed due to their high level of debt.