Return on equity (ROE) measures how well a company spends its shareholders’ money. It is calculated by dividing a company’s profit by its shareholders’ equity. A higher ROE indicates that the company is making a profit on every rupee invested. This appeals to shareholders because it demonstrates the effective use of their money.
Ksolves India Ltd
Ksolves India Limited specializes in software development. It specializes in software development, enterprise solutions, and consulting, and it offers a wide range of information technology (IT) solutions to businesses in a variety of industries, including real estate, e-commerce, finance, telecommunications, and healthcare.
On Thursday, the share price of Ksolves India Ltd opened 0.8 percent high of Rs 1,342.20 per share from its previous close of Rs 1,330.65. It is a small-cap stock with a market capitalization of Rs 1,570 Crores.
Ksolves India Limited’s share price has risen by 50 percent in the last six months and 203 percent in the last year. For instance, if an investor invested Rs 1 Lakh a year ago the current value would be Rs 3.03 lakhs.
The company has zero debt, with a return on equity of 128 percent, a return on capital employed of 171 percent, and a net profit margin of 31 percent with a dividend yield of 1.7 percent.
Looking at the company’s financial statements, operating revenues rose 41 percent from Rs 18.26 crore in Q2FY23 to Rs 25.90 crore in Q2FY24, Furthermore, net profit increased 38 percent from Rs 5.97 crore to Rs 8.26 crore during the same period.
Lloyds Metals and Energy Ltd
Lloyds Metals and Energy Limited is an India-based company that mines iron ore, manufactures sponge iron, and generates power. It operates in three divisions: sponge iron, mining, and power.
Lloyds Metals And Energy Ltd’s share price has opened up by 0.6 percent at Rs 604.90 per share from its previous close of Rs 600.80 per share on Thursday.
With a market capitalization of Rs 30,360, the midcap company’s share price has increased by 7 percent since its July 21, 2023, stock exchange listing.
The company Lloyds Metals And Energy has a low debt-to-equity ratio of 0.01 with a return on equity ratio of 90 percent and a net profit margin of 27 percent also it has reduced its working capital requirements from 84 days to 18 days.
Lloyds Metals And Energy Ltd’s financial shows, their operating revenues rose by 61 percent from Rs 674 crore in Q1FY24 to Rs 1,091 crore in Q2FY24, while net profit increased 61 percent during the same period, from Rs 143 crore to Rs 231 crore.
Nestle India Ltd
Nestle India Limited is an Indian company primarily operating in the food industry. Milk Products and Nutrition, Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages, and Confectionery are among the product groups offered by the company.
The share price of the large-cap company opened 0.8 percent high at Rs 26,851.05 per share from its previous close of Rs 26,635.20 per share on Thursday.
The company has a market capitalization is Rs 2,57,000 lakhs, and the share price has risen by 18 percent in the last six months and 37 percent in the last year.
Nestle India Limited has a low debt-to-equity ratio of 0.01 with a return on equity ratio of 108 percent, a return on capital employed of 152 percent, and a net profit margin of 13.72 percent.
According to the company’s financial statements, the operating revenues rose 9.4 percent from Rs 4,602 crore in Q2FY23 to Rs 5,037 crores in Q2FY24, Additionally, net profit increased 37 percent from Rs 661 crore to Rs 908 crore during the same period.
Written by Sriram KV
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