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Jet Solar (BOM:538794) Net Margin % : 30.59% (As of Sep. 2024)


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What is Jet Solar Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jet Solar's Net Income for the six months ended in Sep. 2024 was ₹2.05 Mil. Jet Solar's Revenue for the six months ended in Sep. 2024 was ₹6.70 Mil. Therefore, Jet Solar's net margin for the quarter that ended in Sep. 2024 was 30.59%.

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

BOM:538794' s Net Margin % Range Over the Past 10 Years
Min: -259.69   Med: 5.05   Max: 28.97
Current: 28.97


BOM:538794's Net Margin % is ranked better than
79.1% of 1775 companies
in the Real Estate industry
Industry Median: 5.08 vs BOM:538794: 28.97

Jet Solar Net Margin % Historical Data

The historical data trend for Jet Solar'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.

Jet Solar Net Margin % Chart

Jet Solar 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 -92.88 -259.69 11.40 12.27 16.84

Jet Solar Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -957.98 65.44 9.81 23.16 30.59

Competitive Comparison of Jet Solar's Net Margin %

For the Real Estate - Development subindustry, Jet Solar'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.


Jet Solar's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jet Solar's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jet Solar's Net Margin % falls into.



Jet Solar 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.

Jet Solar'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 )
=0.595/3.533
=16.84 %

Jet Solar's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=2.048/6.696
=30.59 %

* 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.


Jet Solar  (BOM:538794) 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.


Jet Solar Net Margin % Related Terms

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Jet Solar Business Description

Traded in Other Exchanges
N/A
Address
Office No.1, Kandivali Link Road, E-Wing, 1st Floor, Nandanvan Apartment, Nandanvan Business Centre, Opposite Laljipada Police Chowki, Kandivali (West), Mumbai, MH, IND, 400067
Jet Solar Ltd Formerly Jet Infraventure Ltd is a real estate development company based in India. The company is involved in real estate development and construction, with a focus on residential and commercial projects. Some of its projects include Samarth Residency, Jet Excellency, Sai Residency, Shree Samartha, and Palm Sping. The company's ongoing project is Jet Prakriti - Wilson Hills. Jet Infraventure Ltd generates all of its operating revenue from real estate projects.

Jet Solar Headlines

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