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JTL Industries (BOM:534600) Net Margin % : 6.34% (As of Mar. 2024)


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What is JTL Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JTL Industries's Net Income for the three months ended in Mar. 2024 was ₹295 Mil. JTL Industries's Revenue for the three months ended in Mar. 2024 was ₹4,659 Mil. Therefore, JTL Industries's net margin for the quarter that ended in Mar. 2024 was 6.34%.

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

BOM:534600' s Net Margin % Range Over the Past 10 Years
Min: 0.7   Med: 4.51   Max: 5.82
Current: 5.71


BOM:534600's Net Margin % is ranked better than
67.99% of 603 companies
in the Steel industry
Industry Median: 2.9 vs BOM:534600: 5.71

JTL Industries Net Margin % Historical Data

The historical data trend for JTL Industries'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.

JTL Industries Net Margin % Chart

JTL Industries 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 4.38 4.63 4.51 5.82 5.54

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 5.97 7.75 5.56 5.32 6.34

Competitive Comparison of JTL Industries's Net Margin %

For the Steel subindustry, JTL Industries'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.


JTL Industries's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where JTL Industries's Net Margin % falls into.



JTL Industries 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.

JTL Industries'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 )
=1130.114/20402.289
=5.54 %

JTL Industries'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 )
=295.453/4659.398
=6.34 %

* 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.


JTL Industries  (BOM:534600) 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.


JTL Industries Net Margin % Related Terms

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JTL Industries (BOM:534600) Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

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