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Sovereign Diamonds (BOM:523826) Net Margin % : 6.27% (As of Dec. 2023)


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What is Sovereign Diamonds Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sovereign Diamonds's Net Income for the three months ended in Dec. 2023 was ₹4.5 Mil. Sovereign Diamonds's Revenue for the three months ended in Dec. 2023 was ₹71.8 Mil. Therefore, Sovereign Diamonds's net margin for the quarter that ended in Dec. 2023 was 6.27%.

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

BOM:523826' s Net Margin % Range Over the Past 10 Years
Min: -9.95   Med: 2.28   Max: 5.82
Current: 5.4


BOM:523826's Net Margin % is ranked better than
70.69% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 2.04 vs BOM:523826: 5.40

Sovereign Diamonds Net Margin % Historical Data

The historical data trend for Sovereign Diamonds'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.

Sovereign Diamonds Net Margin % Chart

Sovereign Diamonds 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 0.69 0.11 -9.95 5.82 5.07

Sovereign Diamonds 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 3.80 5.38 5.37 4.51 6.27

Competitive Comparison of Sovereign Diamonds's Net Margin %

For the Luxury Goods subindustry, Sovereign Diamonds'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.


Sovereign Diamonds's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sovereign Diamonds's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sovereign Diamonds's Net Margin % falls into.



Sovereign Diamonds 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.

Sovereign Diamonds'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 )
=14.111/278.073
=5.07 %

Sovereign Diamonds'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 )
=4.5/71.807
=6.27 %

* 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.


Sovereign Diamonds  (BOM:523826) 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.


Sovereign Diamonds Net Margin % Related Terms

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Sovereign Diamonds (BOM:523826) Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, Mahal Industrial Estate, 11-A,Sovereign House, Andheri East, Mumbai, MH, IND, 400093
Sovereign Diamonds Ltd is a manufacturer and supplier of diamond jewelry. The company supplies its products to retail brands and retail chains. It has only one operating segment Jewellery Manufacturing.

Sovereign Diamonds (BOM:523826) Headlines

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