GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Net Margin %

Rane Brake Linings (BOM:532987) Net Margin % : 8.26% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Rane Brake Linings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rane Brake Linings's Net Income for the three months ended in Mar. 2024 was ₹154 Mil. Rane Brake Linings's Revenue for the three months ended in Mar. 2024 was ₹1,862 Mil. Therefore, Rane Brake Linings's net margin for the quarter that ended in Mar. 2024 was 8.26%.

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

BOM:532987' s Net Margin % Range Over the Past 10 Years
Min: 3.87   Med: 6.61   Max: 7.51
Current: 6.1


BOM:532987's Net Margin % is ranked better than
68.85% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.325 vs BOM:532987: 6.10

Rane Brake Linings Net Margin % Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings Net Margin % Chart

Rane Brake Linings 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 7.31 7.51 5.37 5.59 6.10

Rane Brake Linings 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 7.29 3.40 6.07 6.16 8.26

Competitive Comparison of Rane Brake Linings's Net Margin %

For the Auto Parts subindustry, Rane Brake Linings'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.


Rane Brake Linings's Net Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Rane Brake Linings's Net Margin % falls into.



Rane Brake Linings 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.

Rane Brake Linings'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 )
=402.8/6608.3
=6.10 %

Rane Brake Linings'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 )
=153.9/1862.2
=8.26 %

* 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.


Rane Brake Linings  (BOM:532987) 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.


Rane Brake Linings Net Margin % Related Terms

Thank you for viewing the detailed overview of Rane Brake Linings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rane Brake Linings (BOM:532987) Business Description

Traded in Other Exchanges
Address
Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings (BOM:532987) Headlines

No Headlines