Ritesh International Past Earnings Performance
Past criteria checks 3/6
Ritesh International's earnings have been declining at an average annual rate of -6.2%, while the Chemicals industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 14.1% per year. Ritesh International's return on equity is 2.2%, and it has net margins of 0.5%.
Key information
-6.2%
Earnings growth rate
-6.4%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 14.1% |
| Return on equity | 2.2% |
| Net Margin | 0.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ritesh International 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 |
|---|---|---|---|---|
| 30 Sep 24 | 944 | 4 | 48 | 0 |
| 30 Jun 24 | 888 | 2 | 45 | 0 |
| 31 Mar 24 | 837 | -1 | 48 | 0 |
| 31 Dec 23 | 788 | -13 | 47 | 0 |
| 30 Sep 23 | 859 | -13 | 49 | 0 |
| 30 Jun 23 | 979 | -8 | 49 | 0 |
| 31 Mar 23 | 1,266 | 11 | 53 | 0 |
| 31 Dec 22 | 1,541 | 45 | 56 | 0 |
| 30 Sep 22 | 1,657 | 50 | 57 | 0 |
| 30 Jun 22 | 1,682 | 50 | 58 | 0 |
| 31 Mar 22 | 1,405 | 36 | 57 | 0 |
| 31 Dec 21 | 1,176 | 17 | 54 | 0 |
| 30 Sep 21 | 1,062 | 32 | 53 | 0 |
| 30 Jun 21 | 894 | 31 | 47 | 0 |
| 31 Mar 21 | 749 | 20 | 45 | 0 |
| 31 Dec 20 | 637 | 29 | 46 | 0 |
| 30 Sep 20 | 512 | 17 | 46 | 0 |
| 30 Jun 20 | 438 | 8 | 44 | 0 |
| 31 Mar 20 | 437 | 3 | 47 | 0 |
| 31 Dec 19 | 398 | -8 | 42 | 0 |
| 30 Sep 19 | 371 | -10 | 37 | 0 |
| 30 Jun 19 | 357 | -12 | 33 | 0 |
| 31 Mar 19 | 398 | 1 | 34 | 0 |
| 31 Dec 18 | 421 | -1 | 33 | 0 |
| 30 Sep 18 | 446 | 4 | 33 | 0 |
| 30 Jun 18 | 416 | 1 | 30 | 0 |
| 31 Mar 18 | 351 | 1 | 29 | 0 |
| 31 Dec 17 | 281 | 3 | 46 | 0 |
| 30 Sep 17 | 226 | -6 | 43 | 0 |
| 30 Jun 17 | 221 | 6 | 21 | 0 |
| 31 Mar 17 | 212 | 3 | 21 | 0 |
| 31 Dec 16 | 189 | 0 | 27 | 0 |
| 30 Sep 16 | 177 | -2 | 25 | 0 |
| 30 Jun 16 | 188 | -3 | 24 | 0 |
| 31 Mar 16 | 217 | 0 | 24 | 0 |
| 31 Dec 15 | 236 | -34 | 26 | 0 |
| 30 Sep 15 | 268 | -37 | 27 | 0 |
| 30 Jun 15 | 286 | -44 | 27 | 0 |
| 31 Mar 15 | 288 | -56 | 24 | 0 |
| 31 Dec 14 | 314 | -14 | 25 | 0 |
| 30 Sep 14 | 311 | -4 | 25 | 0 |
| 30 Jun 14 | 294 | 5 | 24 | 0 |
| 31 Mar 14 | 244 | 6 | 24 | 0 |
| 31 Dec 13 | 197 | -5 | 22 | 0 |
Quality Earnings: 519097 has high quality earnings.
Growing Profit Margin: 519097 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 519097 has become profitable over the past 5 years, growing earnings by -6.2% per year.
Accelerating Growth: 519097 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 519097 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (7.3%).
Return on Equity
High ROE: 519097's Return on Equity (2.2%) is considered low.