GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Olectra Greentech Ltd (NSE:OLECTRA) » Definitions » Net Margin %

Olectra Greentech (NSE:OLECTRA) Net Margin % : 4.75% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Olectra Greentech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Olectra Greentech's Net Income for the three months ended in Mar. 2024 was ₹137 Mil. Olectra Greentech's Revenue for the three months ended in Mar. 2024 was ₹2,888 Mil. Therefore, Olectra Greentech's net margin for the quarter that ended in Mar. 2024 was 4.75%.

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

NSE:OLECTRA' s Net Margin % Range Over the Past 10 Years
Min: -9.3   Med: 5.99   Max: 8.03
Current: 6.66


NSE:OLECTRA's Net Margin % is ranked better than
61.54% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs NSE:OLECTRA: 6.66

Olectra Greentech Net Margin % Historical Data

The historical data trend for Olectra Greentech'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.

Olectra Greentech Net Margin % Chart

Olectra Greentech 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 7.04 2.87 5.97 6.01 6.66

Olectra Greentech 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 7.18 8.37 5.88 7.89 4.75

Competitive Comparison of Olectra Greentech's Net Margin %

For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.


Olectra Greentech's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Net Margin % distribution charts can be found below:

* The bar in red indicates where Olectra Greentech's Net Margin % falls into.



Olectra Greentech 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.

Olectra Greentech'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 )
=768.334/11541.354
=6.66 %

Olectra Greentech'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 )
=137.115/2888.102
=4.75 %

* 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.


Olectra Greentech  (NSE:OLECTRA) 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.


Olectra Greentech Net Margin % Related Terms

Thank you for viewing the detailed overview of Olectra Greentech's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Olectra Greentech (NSE:OLECTRA) Business Description

Traded in Other Exchanges
Address
Technocrat Industrial Estate Balanagar, S-22, 2nd and 3rd Floor, Hyderabad, TG, IND, 500037
Olectra Greentech Ltd is engaged in the manufacturing of Polymer Insulators, Electric Trucks and Electric Buses in India. The company's operating segment includes the Insulator, Electric Trucks, and Electric Bus segment. It generates maximum revenue from the Electric Bus segment.

Olectra Greentech (NSE:OLECTRA) Headlines

No Headlines