Parshva Enterprises Past Earnings Performance
Past criteria checks 3/6
Parshva Enterprises has been growing earnings at an average annual rate of 4%, while the Retail Distributors industry saw earnings growing at 33.6% annually. Revenues have been growing at an average rate of 23.9% per year. Parshva Enterprises's return on equity is 1.9%, and it has net margins of 1%.
Key information
4.0%
Earnings growth rate
-4.6%
EPS growth rate
| Retail Distributors Industry Growth | 21.6% |
| Revenue growth rate | 23.9% |
| Return on equity | 1.9% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Parshva Enterprises 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 24 | 251 | 3 | 3 | 0 |
| 31 Dec 23 | 217 | 3 | 4 | 0 |
| 30 Sep 23 | 201 | 2 | 3 | 0 |
| 30 Jun 23 | 185 | 2 | 3 | 0 |
| 31 Mar 23 | 183 | 2 | 3 | 0 |
| 31 Dec 22 | 165 | 2 | 4 | 0 |
| 30 Sep 22 | 154 | 2 | 4 | 0 |
| 30 Jun 22 | 161 | 2 | 4 | 0 |
| 31 Mar 22 | 135 | 2 | 4 | 0 |
| 31 Dec 21 | 135 | 2 | 2 | 0 |
| 30 Sep 21 | 133 | 2 | 2 | 0 |
| 30 Jun 21 | 103 | 2 | 2 | 0 |
| 31 Mar 21 | 103 | 2 | 2 | 0 |
| 31 Dec 20 | 95 | 2 | 2 | 0 |
| 30 Sep 20 | 87 | 2 | 3 | 0 |
| 30 Jun 20 | 94 | 2 | 3 | 0 |
| 31 Mar 20 | 100 | 2 | 2 | 0 |
| 31 Mar 19 | 71 | 3 | 2 | 0 |
| 31 Mar 18 | 82 | 1 | 1 | 0 |
Quality Earnings: 542694 has high quality earnings.
Growing Profit Margin: 542694's current net profit margins (1%) are lower than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 542694's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 542694's earnings growth over the past year (19.4%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 542694 earnings growth over the past year (19.4%) did not outperform the Retail Distributors industry 20.4%.
Return on Equity
High ROE: 542694's Return on Equity (1.9%) is considered low.