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Nirlon Ltd
BSE:500307

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Nirlon Ltd
BSE:500307
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Price: 433 INR 0.03% Market Closed
Updated: Apr 24, 2024

ROE
Return on Equity

48.7%
Current
30%
Average
2.2%
Industry
Positive for the last year
48.7%
Positive average
30%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
48.7%
=
Net Income
2B
/
Equity
4B

ROE Across Competitors

ROE Comparison
Nirlon Ltd Competitors

Country IN
Market Cap 39B INR
ROE
49%
Country DE
Market Cap 20.9B EUR
ROE
-22%
Country PH
Market Cap 825.3B PHP
ROE
11%
Country SE
Market Cap 127.8B SEK
ROE
0%
Country HK
Market Cap 91.5B HKD
ROE
1%
Country SG
Market Cap 13.5B SGD
ROE
1%
Country HK
Market Cap 69.8B HKD
ROE
3%
Country LU
Market Cap 7.9B EUR
ROE
-12%
Country IL
Market Cap 29.6B ILS
ROE
10%
Country CN
Market Cap 61.6B HKD
ROE
19%
Country TH
Market Cap 279.4B THB
ROE
17%

Profitability Report

View the profitability report to see the full profitability analysis for Nirlon Ltd.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
48.7%
=
Net Income
2B
/
Equity
4B
What is the ROE of Nirlon Ltd?

Based on Nirlon Ltd's most recent financial statements, the company has ROE of 48.7%.