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Precision Wires India (BOM:523539) Net Margin % : 2.50% (As of Mar. 2024)


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What is Precision Wires India Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Precision Wires India's Net Income for the three months ended in Mar. 2024 was ₹219 Mil. Precision Wires India's Revenue for the three months ended in Mar. 2024 was ₹8,780 Mil. Therefore, Precision Wires India's net margin for the quarter that ended in Mar. 2024 was 2.50%.

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

BOM:523539' s Net Margin % Range Over the Past 10 Years
Min: 1.15   Med: 2.3   Max: 2.75
Current: 2.21


BOM:523539's Net Margin % is ranked worse than
66.85% of 2968 companies
in the Industrial Products industry
Industry Median: 5.22 vs BOM:523539: 2.21

Precision Wires India Net Margin % Historical Data

The historical data trend for Precision Wires India'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.

Precision Wires India Net Margin % Chart

Precision Wires India 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 2.19 2.39 2.47 1.96 2.21

Precision Wires India 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 1.62 2.07 1.98 2.26 2.50

Competitive Comparison of Precision Wires India's Net Margin %

For the Electrical Equipment & Parts subindustry, Precision Wires India'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.


Precision Wires India's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Wires India's Net Margin % distribution charts can be found below:

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



Precision Wires India 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.

Precision Wires India'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 )
=728.538/33016.911
=2.21 %

Precision Wires India'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 )
=219.167/8780.341
=2.50 %

* 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.


Precision Wires India  (BOM:523539) 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.


Precision Wires India Net Margin % Related Terms

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Precision Wires India (BOM:523539) Business Description

Traded in Other Exchanges
Address
Off Sayani Road, J. A. Raul Street, Saiman House, Prabhadevi, Mumbai, MH, IND, 400 025
Precision Wires India Ltd is engaged in the manufacture of winding wires made of copper. The company produces Enameled Round Winding Wires, Enameled Strips, Paper Insulated Copper Conductors, and Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries. The wires are used in equipment such as rotating machines, alternators, hermetic motors, power and distribution transformers, ballasts, auto electricals, household appliances, and fans.

Precision Wires India (BOM:523539) Headlines

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