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Finolex Cables (BOM:500144) Net Margin % : 13.28% (As of Mar. 2024)


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What is Finolex Cables Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Finolex Cables's Net Income for the three months ended in Mar. 2024 was ₹1,861 Mil. Finolex Cables's Revenue for the three months ended in Mar. 2024 was ₹14,010 Mil. Therefore, Finolex Cables's net margin for the quarter that ended in Mar. 2024 was 13.28%.

The historical rank and industry rank for Finolex Cables's Net Margin % or its related term are showing as below:

BOM:500144' s Net Margin % Range Over the Past 10 Years
Min: 8.18   Med: 13.61   Max: 16.95
Current: 13


BOM:500144's Net Margin % is ranked better than
82.69% of 2975 companies
in the Industrial Products industry
Industry Median: 5.21 vs BOM:500144: 13.00

Finolex Cables Net Margin % Historical Data

The historical data trend for Finolex Cables's Net Margin % 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.

Finolex Cables Net Margin % Chart

Finolex Cables Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.76 16.95 16.20 11.25 13.00

Finolex Cables Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 14.29 13.32 12.98 12.36 13.28

Competitive Comparison of Finolex Cables's Net Margin %

For the Electrical Equipment & Parts subindustry, Finolex Cables's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Finolex Cables's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Net Margin % distribution charts can be found below:

* The bar in red indicates where Finolex Cables's Net Margin % falls into.



Finolex Cables Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Finolex Cables's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=6516.9/50143.9
=13.00 %

Finolex Cables's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1861/14010.2
=13.28 %

* 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.


Finolex Cables  (BOM:500144) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Finolex Cables Net Margin % Related Terms

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Finolex Cables (BOM:500144) Business Description

Traded in Other Exchanges
Address
26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (BOM:500144) Headlines

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