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Balu Forge Industries (BOM:531112) Net Margin % : 17.55% (As of Mar. 2024)


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What is Balu Forge Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Balu Forge Industries's Net Income for the three months ended in Mar. 2024 was ₹283 Mil. Balu Forge Industries's Revenue for the three months ended in Mar. 2024 was ₹1,612 Mil. Therefore, Balu Forge Industries's net margin for the quarter that ended in Mar. 2024 was 17.55%.

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

BOM:531112' s Net Margin % Range Over the Past 10 Years
Min: -38.5   Med: 16.73   Max: 104.05
Current: 16.73


BOM:531112's Net Margin % is ranked better than
89.8% of 2971 companies
in the Industrial Products industry
Industry Median: 5.21 vs BOM:531112: 16.73

Balu Forge Industries Net Margin % Historical Data

The historical data trend for Balu Forge 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.

Balu Forge Industries Net Margin % Chart

Balu Forge 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 19.94 5.44 10.43 11.91 16.73

Balu Forge Industries 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 12.31 14.83 16.71 17.31 17.55

Competitive Comparison of Balu Forge Industries's Net Margin %

For the Metal Fabrication subindustry, Balu Forge 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.


Balu Forge Industries's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Balu Forge Industries's Net Margin % distribution charts can be found below:

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



Balu Forge 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.

Balu Forge 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 )
=936.734/5598.558
=16.73 %

Balu Forge 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 )
=282.787/1611.711
=17.55 %

* 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.


Balu Forge Industries  (BOM:531112) 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.


Balu Forge Industries Net Margin % Related Terms

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Balu Forge Industries (BOM:531112) Business Description

Traded in Other Exchanges
Address
45 Telly Park Road, 506, 5th Floor, Imperial Palace, Andheri (East), Mumbai, MH, IND, 400069
Balu Forge Industries Ltd is engaged in the business of steel forging. It serves railway; car manufactures; industrial vehicles; defense; oil and gas; agriculture; pumps and other industries. Geographically, it derives a majority of revenue from Outside India. It has a single operating segment: manufacturing and selling Steel Forging Products.

Balu Forge Industries (BOM:531112) Headlines

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