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Som Distilleries Breweries & Wineries (BOM:507514) ROE % : 14.23% (As of Mar. 2024)


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What is Som Distilleries Breweries & Wineries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Som Distilleries Breweries & Wineries's annualized net income for the quarter that ended in Mar. 2024 was ₹799 Mil. Som Distilleries Breweries & Wineries's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₹5,620 Mil. Therefore, Som Distilleries Breweries & Wineries's annualized ROE % for the quarter that ended in Mar. 2024 was 14.23%.

The historical rank and industry rank for Som Distilleries Breweries & Wineries's ROE % or its related term are showing as below:

BOM:507514' s ROE % Range Over the Past 10 Years
Min: -12.65   Med: 10.76   Max: 18.46
Current: 17.87

During the past 13 years, Som Distilleries Breweries & Wineries's highest ROE % was 18.46%. The lowest was -12.65%. And the median was 10.76%.

BOM:507514's ROE % is ranked better than
78.2% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 7.06 vs BOM:507514: 17.87

Som Distilleries Breweries & Wineries ROE % Historical Data

The historical data trend for Som Distilleries Breweries & Wineries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Som Distilleries Breweries & Wineries ROE % Chart

Som Distilleries Breweries & Wineries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 -12.65 -3.44 18.14 18.46

Som Distilleries Breweries & Wineries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.91 35.88 11.53 13.97 14.23

Competitive Comparison of Som Distilleries Breweries & Wineries's ROE %

For the Beverages - Brewers subindustry, Som Distilleries Breweries & Wineries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Som Distilleries Breweries & Wineries's ROE % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Som Distilleries Breweries & Wineries's ROE % distribution charts can be found below:

* The bar in red indicates where Som Distilleries Breweries & Wineries's ROE % falls into.



Som Distilleries Breweries & Wineries ROE % Calculation

Som Distilleries Breweries & Wineries's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=864.956/( (3753.694+5619.504)/ 2 )
=864.956/4686.599
=18.46 %

Som Distilleries Breweries & Wineries's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=799.48/( (0+5619.504)/ 1 )
=799.48/5619.504
=14.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Som Distilleries Breweries & Wineries  (BOM:507514) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=799.48/5619.504
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(799.48 / 15263.896)*(15263.896 / 11694.819)*(11694.819 / 5619.504)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.24 %*1.3052*2.0811
=ROA %*Equity Multiplier
=6.84 %*2.0811
=14.23 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=799.48/5619.504
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (799.48 / 1446.612) * (1446.612 / 1440.38) * (1440.38 / 15263.896) * (15263.896 / 11694.819) * (11694.819 / 5619.504)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5527 * 1.0043 * 9.44 % * 1.3052 * 2.0811
=14.23 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Som Distilleries Breweries & Wineries ROE % Related Terms

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Som Distilleries Breweries & Wineries (BOM:507514) Business Description

Traded in Other Exchanges
Address
23, Zone II, SOM House, Maharana Pratap Nagar, Bhopal, MP, IND, 462011
Som Distilleries Breweries & Wineries Ltd is engaged in the brewing, bottling, canning, and blending of alcoholic beverages: beer and Indian-made foreign liquor (IMFL). The company is based in India and has established a sales and distribution network within the country. The product portfolio consists of beer, rum, brandy, vodka, and whiskey. The core brands include Hunter Beer, Woodpecker Beer, Black Fort, and other brands such as Legend, Genius, Sunny, Gypsy, and Blue Chip. Substantial revenue is derived from the sales of beer. Some export products to Africa, America, Asia, and the Middle East regions.

Som Distilleries Breweries & Wineries (BOM:507514) Headlines

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