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Asahi India Glass (BOM:515030) Net Margin % : 6.80% (As of Mar. 2024)


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What is Asahi India Glass Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Asahi India Glass's Net Income for the three months ended in Mar. 2024 was ₹739 Mil. Asahi India Glass's Revenue for the three months ended in Mar. 2024 was ₹10,876 Mil. Therefore, Asahi India Glass's net margin for the quarter that ended in Mar. 2024 was 6.80%.

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

BOM:515030' s Net Margin % Range Over the Past 10 Years
Min: 1.73   Med: 6.48   Max: 10.95
Current: 6.92


BOM:515030's Net Margin % is ranked better than
72.39% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 3.35 vs BOM:515030: 6.92

Asahi India Glass Net Margin % Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Net Margin % Chart

Asahi India Glass 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 5.86 5.53 10.95 9.11 7.59

Asahi India Glass 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 8.34 6.46 7.78 6.11 6.80

Competitive Comparison of Asahi India Glass's Net Margin %

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass's Net Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Asahi India Glass's Net Margin % falls into.



Asahi India Glass 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.

Asahi India Glass'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 )
=3279.8/43197.5
=7.59 %

Asahi India Glass'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 )
=739.2/10876.3
=6.80 %

* 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.


Asahi India Glass  (BOM:515030) 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.


Asahi India Glass Net Margin % Related Terms

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Asahi India Glass (BOM:515030) Business Description

Traded in Other Exchanges
Address
Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

Asahi India Glass (BOM:515030) Headlines

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