Rain Industries (NSE:RAIN) 3-Year ROIIC % : 104.41% (As of Dec. 2023)

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What is Rain Industries 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Rain Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 104.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Rain Industries's 3-Year ROIIC % or its related term are showing as below:

NSE:RAIN's 3-Year ROIIC % is ranked better than
95.04% of 1532 companies
in the Chemicals industry
Industry Median: 2.31 vs NSE:RAIN: 104.41

Rain Industries 3-Year ROIIC % Historical Data

The historical data trend for Rain Industries's 3-Year ROIIC % 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.

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Rain Industries 3-Year ROIIC % Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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0.77

-33.79

-1.09

26.45

104.41

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial														0.77	-33.79	-1.09	26.45	104.41

Competitive Comparison of Rain Industries's 3-Year ROIIC %

For the Chemicals subindustry, Rain Industries's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.

Rain Industries's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Rain Industries's 3-Year ROIIC % falls into.

Rain Industries 3-Year ROIIC % Calculation

Rain Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 14899.608165 (Dec. 2023) - 6410.589696 (Dec. 2020) )	/	( 160287.79 (Dec. 2023) - 152157.16 (Dec. 2020) )
	=	8489.018469	/	8130.63
	=	104.41%^***

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Rain Industries (NSE:RAIN) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Rain Industries 3-Year ROIIC % Related Terms

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Rain Industries (NSE:RAIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (NSE:RAIN) » Definitions » 3-Year ROIIC %

Traded in Other Exchanges

500339:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.