Adarsh Mercantile Past Earnings Performance
Past criteria checks 4/6
Adarsh Mercantile has been growing earnings at an average annual rate of 77.2%, while the Retail Distributors industry saw earnings growing at 33.6% annually. Revenues have been growing at an average rate of 24.3% per year. Adarsh Mercantile's return on equity is 24.5%, and it has net margins of 92.7%.
Key information
77.2%
Earnings growth rate
76.8%
EPS growth rate
| Retail Distributors Industry Growth | 21.6% |
| Revenue growth rate | 24.3% |
| Return on equity | 24.5% |
| Net Margin | 92.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Adarsh Mercantile 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 Dec 23 | 29 | 27 | 1 | 0 |
| 30 Sep 23 | 26 | 24 | 1 | 0 |
| 30 Jun 23 | 23 | 19 | 1 | 0 |
| 31 Mar 23 | 4 | -3 | 1 | 0 |
| 31 Dec 22 | 2 | -1 | 1 | 0 |
| 30 Sep 22 | 10 | -1 | 1 | 0 |
| 30 Jun 22 | 10 | 0 | 1 | 0 |
| 31 Mar 22 | 10 | 0 | 1 | 0 |
| 31 Dec 21 | 14 | -1 | 1 | 0 |
| 30 Sep 21 | 11 | -3 | 1 | 0 |
| 30 Jun 21 | 12 | -3 | 1 | 0 |
| 31 Mar 21 | 12 | -2 | 1 | 0 |
| 31 Dec 20 | 8 | -2 | 1 | 0 |
| 30 Sep 20 | 5 | 1 | 1 | 0 |
| 30 Jun 20 | 7 | -1 | 1 | 0 |
| 31 Mar 20 | 7 | -3 | 1 | 0 |
| 31 Dec 19 | 7 | -3 | 1 | 0 |
| 30 Sep 19 | 9 | 0 | 1 | 0 |
| 30 Jun 19 | 9 | 0 | 1 | 0 |
| 31 Mar 19 | 8 | 0 | 1 | 0 |
| 31 Mar 18 | 19 | 6 | 1 | 0 |
| 31 Mar 17 | 8 | 0 | 1 | 0 |
| 30 Jun 16 | 6 | 1 | 0 | 0 |
| 31 Mar 16 | 5 | 0 | 1 | 0 |
| 31 Dec 15 | 12 | 0 | 2 | 0 |
| 30 Sep 15 | 15 | 2 | 1 | 0 |
| 30 Jun 15 | 13 | 0 | 0 | 0 |
| 31 Mar 15 | 16 | 0 | 0 | 0 |
| 31 Dec 14 | 9 | 0 | 1 | 0 |
| 30 Sep 14 | 4 | -2 | 1 | 0 |
| 30 Jun 14 | 2 | 1 | 0 | 0 |
| 31 Mar 14 | 5 | 0 | 1 | 0 |
| 31 Dec 13 | 15 | -1 | 0 | 0 |
| 30 Sep 13 | 14 | -1 | 0 | 0 |
| 30 Jun 13 | 10 | -2 | 0 | 0 |
Quality Earnings: 538563 has high quality earnings.
Growing Profit Margin: 538563 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 538563's earnings have grown significantly by 77.2% per year over the past 5 years.
Accelerating Growth: 538563 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 538563 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Retail Distributors industry (20.4%).
Return on Equity
High ROE: 538563's Return on Equity (24.5%) is considered high.