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Rasi Electrodes (BOM:531233) Net Margin % : 4.37% (As of Mar. 2024)


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What is Rasi Electrodes Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rasi Electrodes's Net Income for the three months ended in Mar. 2024 was ₹9.9 Mil. Rasi Electrodes's Revenue for the three months ended in Mar. 2024 was ₹227.4 Mil. Therefore, Rasi Electrodes's net margin for the quarter that ended in Mar. 2024 was 4.37%.

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

BOM:531233' s Net Margin % Range Over the Past 10 Years
Min: 1.12   Med: 3.3   Max: 4.36
Current: 3.85


BOM:531233's Net Margin % is ranked worse than
57.46% of 2969 companies
in the Industrial Products industry
Industry Median: 5.21 vs BOM:531233: 3.85

Rasi Electrodes Net Margin % Historical Data

The historical data trend for Rasi Electrodes'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.

Rasi Electrodes Net Margin % Chart

Rasi Electrodes 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 1.12 3.44 2.99 3.43 3.82

Rasi Electrodes 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 -0.53 2.98 4.32 3.58 4.37

Competitive Comparison of Rasi Electrodes's Net Margin %

For the Tools & Accessories subindustry, Rasi Electrodes'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.


Rasi Electrodes's Net Margin % Distribution in the Industrial Products Industry

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

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



Rasi Electrodes 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.

Rasi Electrodes'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 )
=32.039/838.274
=3.82 %

Rasi Electrodes'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 )
=9.934/227.398
=4.37 %

* 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.


Rasi Electrodes  (BOM:531233) 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.


Rasi Electrodes Net Margin % Related Terms

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Rasi Electrodes (BOM:531233) Business Description

Traded in Other Exchanges
N/A
Address
Number 21, Raja Annamalai Road, Flat A/14, Rams Apartment, 3rd Floor, Purasawalkam, Chennai, TN, IND, 600084
Rasi Electrodes Ltd is an Indian company engaged in manufacturing welding consumables catering to the requirements of the Heavy Engineering and Light Engineering industries. The Company is a supplier of welding consumables under the brand name RASI for public-sector undertakings private-sector engineering conglomerates and other Original Equipment Manufacturers. The Company also deals in diverse welding products such as welding machines and accessories.

Rasi Electrodes (BOM:531233) Headlines

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