Ideal Technoplast Industries Past Earnings Performance
Past criteria checks 2/6
Ideal Technoplast Industries has been growing earnings at an average annual rate of 380.7%, while the Packaging industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 111.2% per year. Ideal Technoplast Industries's return on equity is 26.8%, and it has net margins of 4.2%.
Key information
380.7%
Earnings growth rate
380.7%
EPS growth rate
| Packaging Industry Growth | 19.1% |
| Revenue growth rate | 111.2% |
| Return on equity | 26.8% |
| Net Margin | 4.2% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Ideal Technoplast 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 | 120 | 5 | 3 | 0 |
| 31 Mar 22 | 57 | 1 | 3 | 0 |
| 31 Mar 21 | 57 | 1 | 6 | 0 |
Quality Earnings: IDEALTECHO has a high level of non-cash earnings.
Growing Profit Margin: IDEALTECHO's current net profit margins (4.2%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if IDEALTECHO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare IDEALTECHO's past year earnings growth to its 5-year average.
Earnings vs Industry: IDEALTECHO earnings growth over the past year (380.7%) exceeded the Packaging industry 9.5%.
Return on Equity
High ROE: Whilst IDEALTECHO's Return on Equity (26.84%) is high, this metric is skewed due to their high level of debt.