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Jain Irrigation Systems Ltd
NSE:JISLJALEQS

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Jain Irrigation Systems Ltd
NSE:JISLJALEQS
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Price: 56.4 INR -1.05% Market Closed
Updated: Apr 18, 2024

ROE
Return on Equity

26.4%
Current
6%
Average
7.6%
Industry
Positive for the last year
26.4%
Positive average
6%
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
26.4%
=
Net Income
11.6B
/
Equity
52.8B

ROE Across Competitors

ROE Comparison
Jain Irrigation Systems Ltd Competitors

Country IN
Market Cap 37.5B INR
ROE
26%
Country US
Market Cap 111.6B USD
ROE
47%
Country JP
Market Cap 2.8T JPY
ROE
12%
Country UK
Market Cap 14.6B EUR
ROE
32%
Country US
Market Cap 8.8B USD
ROE
20%
Country US
Market Cap 8.7B USD
ROE
27%
Country SE
Market Cap 47.2B SEK
ROE
9%
Country IN
Market Cap 338.3B INR
ROE
12%
Country TR
Market Cap 93.2B TRY
ROE
76%
Country CN
Market Cap 12.8B CNY
ROE
16%
Country US
Market Cap 1.3B USD
ROE
15%

Profitability Report

View the profitability report to see the full profitability analysis for Jain Irrigation Systems 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
26.4%
=
Net Income
11.6B
/
Equity
52.8B
What is the ROE of Jain Irrigation Systems Ltd?

Based on Jain Irrigation Systems Ltd's most recent financial statements, the company has ROE of 26.4%.