Reliance Cotton Spinning Mills Past Earnings Performance
Past criteria checks 2/6
Reliance Cotton Spinning Mills has been growing earnings at an average annual rate of 23.9%, while the Luxury industry saw earnings growing at 17.2% annually. Revenues have been growing at an average rate of 20.2% per year. Reliance Cotton Spinning Mills's return on equity is 8.7%, and it has net margins of 6.2%.
Key information
23.9%
Earnings growth rate
23.9%
EPS growth rate
| Luxury Industry Growth | 25.6% |
| Revenue growth rate | 20.2% |
| Return on equity | 8.7% |
| Net Margin | 6.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Reliance Cotton Spinning Mills 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 | 13,696 | 846 | 345 | 0 |
| 31 Dec 23 | 13,001 | 1,151 | 329 | 0 |
| 30 Sep 23 | 12,018 | 1,036 | 331 | 0 |
| 30 Jun 23 | 11,049 | 1,197 | 349 | 0 |
| 31 Mar 23 | 11,390 | 1,969 | 381 | 0 |
| 31 Dec 22 | 11,064 | 2,381 | 375 | 0 |
| 30 Sep 22 | 11,366 | 2,891 | 360 | 0 |
| 30 Jun 22 | 11,386 | 3,046 | 336 | 0 |
| 31 Mar 22 | 10,227 | 2,903 | 286 | 0 |
| 31 Dec 21 | 9,309 | 2,440 | 285 | 0 |
| 30 Sep 21 | 8,416 | 1,898 | 264 | 0 |
| 30 Jun 21 | 7,682 | 1,331 | 239 | 0 |
| 31 Mar 21 | 6,672 | 782 | 227 | 0 |
| 31 Dec 20 | 6,331 | 456 | 210 | 0 |
| 30 Sep 20 | 6,376 | 374 | 213 | 0 |
| 30 Jun 20 | 5,987 | 393 | 205 | 0 |
| 31 Mar 20 | 6,188 | 459 | 212 | 0 |
| 31 Dec 19 | 5,954 | 484 | 195 | 0 |
| 30 Sep 19 | 5,561 | 527 | 186 | 0 |
| 30 Jun 19 | 5,379 | 517 | 174 | 0 |
| 31 Mar 19 | 5,222 | 499 | 161 | 0 |
| 31 Dec 18 | 4,924 | 493 | 160 | 0 |
| 30 Sep 18 | 4,654 | 434 | 154 | 0 |
| 30 Jun 18 | 4,398 | 358 | 156 | 0 |
| 31 Mar 18 | 3,996 | 339 | 145 | 0 |
| 31 Dec 17 | 3,816 | 297 | 148 | 0 |
| 30 Sep 17 | 3,663 | 249 | 144 | 0 |
| 30 Jun 17 | 3,571 | 229 | 143 | 0 |
| 31 Mar 17 | 3,526 | 168 | 131 | 0 |
| 31 Dec 16 | 3,424 | 161 | 124 | 0 |
| 30 Sep 16 | 3,307 | 142 | 119 | 0 |
| 30 Jun 16 | 3,221 | 122 | 114 | 0 |
| 31 Mar 16 | 3,333 | 52 | 126 | 0 |
| 31 Dec 15 | 3,560 | 46 | 136 | 0 |
| 30 Sep 15 | 3,705 | 103 | 134 | 0 |
| 30 Jun 15 | 4,007 | 143 | 139 | 0 |
| 31 Mar 15 | 3,982 | 84 | 138 | 0 |
| 31 Dec 14 | 4,008 | 63 | 133 | 0 |
| 30 Sep 14 | 4,112 | 78 | 144 | 0 |
| 30 Jun 14 | 4,244 | 126 | 152 | 0 |
| 31 Mar 14 | 4,289 | 297 | 155 | 0 |
| 31 Dec 13 | 4,387 | 389 | 163 | 0 |
| 30 Sep 13 | 4,235 | 364 | 172 | 0 |
Quality Earnings: RCML has high quality earnings.
Growing Profit Margin: RCML's current net profit margins (6.2%) are lower than last year (17.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCML's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: RCML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RCML had negative earnings growth (-57%) over the past year, making it difficult to compare to the Luxury industry average (-17.1%).
Return on Equity
High ROE: RCML's Return on Equity (8.7%) is considered low.