Shri Techtex Past Earnings Performance
Past criteria checks 1/6
Shri Techtex has been growing earnings at an average annual rate of 10.2%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 11.2% per year. Shri Techtex's return on equity is 30.2%, and it has net margins of 16%.
Key information
10.2%
Earnings growth rate
10.2%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | 11.2% |
| Return on equity | 30.2% |
| Net Margin | 16.0% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Shri Techtex 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 | 569 | 91 | 9 | 0 |
| 31 Mar 22 | 512 | 83 | 5 | 0 |
| 31 Mar 21 | 395 | 127 | 27 | 0 |
| 31 Mar 20 | 161 | 45 | 21 | 0 |
Quality Earnings: SHRITECH has a high level of non-cash earnings.
Growing Profit Margin: SHRITECH's current net profit margins (16%) are lower than last year (16.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SHRITECH's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SHRITECH's past year earnings growth to its 5-year average.
Earnings vs Industry: SHRITECH earnings growth over the past year (10.2%) exceeded the Luxury industry 0.1%.
Return on Equity
High ROE: Whilst SHRITECH's Return on Equity (30.24%) is high, this metric is skewed due to their high level of debt.