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Rishi Techtex (BOM:523021) Net Margin % : 1.18% (As of Dec. 2023)


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What is Rishi Techtex Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rishi Techtex's Net Income for the three months ended in Dec. 2023 was ₹3 Mil. Rishi Techtex's Revenue for the three months ended in Dec. 2023 was ₹277 Mil. Therefore, Rishi Techtex's net margin for the quarter that ended in Dec. 2023 was 1.18%.

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

BOM:523021' s Net Margin % Range Over the Past 10 Years
Min: 0.52   Med: 2.79   Max: 4.14
Current: 1.43


BOM:523021's Net Margin % is ranked worse than
69.09% of 385 companies
in the Packaging & Containers industry
Industry Median: 4.18 vs BOM:523021: 1.43

Rishi Techtex Net Margin % Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex Net Margin % Chart

Rishi Techtex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 1.31 0.52 1.31 1.04

Rishi Techtex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.65 1.96 1.59 1.02 1.18

Competitive Comparison of Rishi Techtex's Net Margin %

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rishi Techtex's Net Margin % falls into.



Rishi Techtex 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.

Rishi Techtex's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=11.126/1066.247
=1.04 %

Rishi Techtex's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.275/277.172
=1.18 %

* 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.


Rishi Techtex  (BOM:523021) 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.


Rishi Techtex Net Margin % Related Terms

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Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

Rishi Techtex (BOM:523021) Headlines

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