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Varroc Engineering (BOM:541578) Net Margin % : 2.88% (As of Mar. 2024)


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What is Varroc Engineering Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Varroc Engineering's Net Income for the three months ended in Mar. 2024 was ₹569 Mil. Varroc Engineering's Revenue for the three months ended in Mar. 2024 was ₹19,749 Mil. Therefore, Varroc Engineering's net margin for the quarter that ended in Mar. 2024 was 2.88%.

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

BOM:541578' s Net Margin % Range Over the Past 10 Years
Min: -19.19   Med: 3.28   Max: 6.98
Current: 6.98


BOM:541578's Net Margin % is ranked better than
72.3% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 3.41 vs BOM:541578: 6.98

Varroc Engineering Net Margin % Historical Data

The historical data trend for Varroc Engineering'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.

Varroc Engineering Net Margin % Chart

Varroc Engineering 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 - -14.58 -19.19 -11.90 6.97

Varroc Engineering 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 2.33 1.80 2.87 20.31 2.88

Competitive Comparison of Varroc Engineering's Net Margin %

For the Auto Parts subindustry, Varroc Engineering'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.


Varroc Engineering's Net Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Varroc Engineering's Net Margin % falls into.



Varroc Engineering 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.

Varroc Engineering'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 )
=5260.24/75519.37
=6.97 %

Varroc Engineering'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 )
=568.55/19748.55
=2.88 %

* 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.


Varroc Engineering  (BOM:541578) 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.


Varroc Engineering Net Margin % Related Terms

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Varroc Engineering (BOM:541578) Business Description

Traded in Other Exchanges
Address
Plot No. L-4, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Varroc Engineering Ltd is an India based company engaged in manufacturing and supplying components and subassemblies for automobile, consumer durable, and white goods industries. The company's operating segment includes Automotive and Others. It generates maximum revenue from the Automotive segment. The company also designs, manufactures, and supply exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to a passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle. Geographically, it derives a majority of revenue from Europe and also has a presence in the Asia Pacific; North America, and Other Countries.

Varroc Engineering (BOM:541578) Headlines

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