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MRF (BOM:500290) Net Margin % : 6.84% (As of Sep. 2024)


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What is MRF Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MRF's Net Income for the three months ended in Sep. 2024 was ₹4,707 Mil. MRF's Revenue for the three months ended in Sep. 2024 was ₹68,811 Mil. Therefore, MRF's net margin for the quarter that ended in Sep. 2024 was 6.84%.

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

BOM:500290' s Net Margin % Range Over the Past 10 Years
Min: 3.37   Med: 7.33   Max: 11.14
Current: 7.37


BOM:500290's Net Margin % is ranked better than
74.19% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs BOM:500290: 7.37

MRF Net Margin % Historical Data

The historical data trend for MRF'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.

MRF Net Margin % Chart

MRF Annual Data
Trend Sep13 Sep14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.80 7.94 3.52 3.37 8.32

MRF Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.44 8.27 6.40 7.93 6.84

Competitive Comparison of MRF's Net Margin %

For the Auto Parts subindustry, MRF'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.


MRF's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MRF's Net Margin % distribution charts can be found below:

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



MRF 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.

MRF'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 )
=20812.3/250108.1
=8.32 %

MRF's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=4707/68810.9
=6.84 %

* 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.


MRF  (BOM:500290) 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.


MRF Net Margin % Related Terms

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


MRF Business Description

Traded in Other Exchanges
Address
No. 114, Greams Road, Chennai, TN, IND, 600006
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.

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