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Enkei Wheels (India) (BOM:533477) Net Margin % : 4.00% (As of Mar. 2024)


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What is Enkei Wheels (India) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Enkei Wheels (India)'s Net Income for the three months ended in Mar. 2024 was ₹89 Mil. Enkei Wheels (India)'s Revenue for the three months ended in Mar. 2024 was ₹2,216 Mil. Therefore, Enkei Wheels (India)'s net margin for the quarter that ended in Mar. 2024 was 4.00%.

The historical rank and industry rank for Enkei Wheels (India)'s Net Margin % or its related term are showing as below:

BOM:533477' s Net Margin % Range Over the Past 10 Years
Min: -13.48   Med: 0.64   Max: 3.66
Current: 3.1


BOM:533477's Net Margin % is ranked worse than
52.37% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 3.41 vs BOM:533477: 3.10

Enkei Wheels (India) Net Margin % Historical Data

The historical data trend for Enkei Wheels (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.

Enkei Wheels (India) Net Margin % Chart

Enkei Wheels (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 -13.48 3.66 0.57 1.65

Enkei Wheels (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 -3.32 4.55 2.88 1.05 4.00

Competitive Comparison of Enkei Wheels (India)'s Net Margin %

For the Auto Parts subindustry, Enkei Wheels (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.


Enkei Wheels (India)'s Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Enkei Wheels (India)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Enkei Wheels (India)'s Net Margin % falls into.



Enkei Wheels (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.

Enkei Wheels (India)'s Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=116.95/7066.66
=1.65 %

Enkei Wheels (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 )
=88.7/2216.14
=4.00 %

* 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.


Enkei Wheels (India)  (BOM:533477) 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.


Enkei Wheels (India) Net Margin % Related Terms

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Enkei Wheels (India) (BOM:533477) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 1425, Village Shikrapur, Taluka Shirur, Pune, IND, 412208
Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is Automotive Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.

Enkei Wheels (India) (BOM:533477) Headlines

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