Rite Zone Chemcon India Past Earnings Performance
Past criteria checks 4/6
Rite Zone Chemcon India has been growing earnings at an average annual rate of 54.8%, while the Chemicals industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 67.1% per year. Rite Zone Chemcon India's return on equity is 7.8%, and it has net margins of 4.6%.
Key information
54.8%
Earnings growth rate
13.7%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 67.1% |
| Return on equity | 7.8% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Rite Zone Chemcon 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 |
|---|---|---|---|---|
| 30 Sep 23 | 229 | 11 | 9 | 0 |
| 30 Jun 23 | 227 | 9 | 8 | 0 |
| 31 Mar 23 | 225 | 8 | 8 | 0 |
| 31 Mar 22 | 49 | 2 | 4 | 0 |
| 31 Mar 21 | 38 | 0 | 3 | 0 |
| 31 Mar 20 | 57 | 2 | 7 | 0 |
Quality Earnings: RITEZONE has a high level of non-cash earnings.
Growing Profit Margin: RITEZONE's current net profit margins (4.6%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RITEZONE's earnings have grown significantly by 54.8% per year over the past 5 years.
Accelerating Growth: RITEZONE's earnings growth over the past year (98.2%) exceeds its 5-year average (54.8% per year).
Earnings vs Industry: RITEZONE earnings growth over the past year (98.2%) exceeded the Chemicals industry -5.2%.
Return on Equity
High ROE: RITEZONE's Return on Equity (7.8%) is considered low.