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Hira Automobiles (BOM:531743) Net Margin % : -0.08% (As of Mar. 2024)


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What is Hira Automobiles Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hira Automobiles's Net Income for the three months ended in Mar. 2024 was ₹-1 Mil. Hira Automobiles's Revenue for the three months ended in Mar. 2024 was ₹721 Mil. Therefore, Hira Automobiles's net margin for the quarter that ended in Mar. 2024 was -0.08%.

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

BOM:531743' s Net Margin % Range Over the Past 10 Years
Min: -0.15   Med: 0.26   Max: 0.4
Current: 0.26


BOM:531743's Net Margin % is ranked worse than
74.63% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 3.41 vs BOM:531743: 0.26

Hira Automobiles Net Margin % Historical Data

The historical data trend for Hira Automobiles'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.

Hira Automobiles Net Margin % Chart

Hira Automobiles 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 -0.15 0.15 0.29 0.30 0.26

Hira Automobiles 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 0.25 0.31 0.42 0.42 -0.08

Competitive Comparison of Hira Automobiles's Net Margin %

For the Auto & Truck Dealerships subindustry, Hira Automobiles'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.


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

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

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



Hira Automobiles 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.

Hira Automobiles'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 )
=6.785/2622.222
=0.26 %

Hira Automobiles'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 )
=-0.576/721.098
=-0.08 %

* 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.


Hira Automobiles  (BOM:531743) 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.


Hira Automobiles Net Margin % Related Terms

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Hira Automobiles (BOM:531743) Business Description

Traded in Other Exchanges
N/A
Address
Rajbaha Raod, Opposite Red Cross, Patiala, PB, IND, 147001
Hira Automobiles Ltd is an Indian-based company that operates as an authorized dealer of Maruti Suzuki India Limited. The company is engaged in the selling of Maruti Suzuki vehicles, provision of car service, and sale of spare parts. In addition, it also offers used cars, spare parts, and accessories as well as insurance, finance, and driving school services.

Hira Automobiles (BOM:531743) Headlines

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