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Afloat Enterprises (BOM:543377) Net Margin % : 0.00% (As of Mar. 2024)


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What is Afloat Enterprises Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Afloat Enterprises's Net Income for the six months ended in Mar. 2024 was ₹-0.99 Mil. Afloat Enterprises's Revenue for the six months ended in Mar. 2024 was ₹0.00 Mil. Therefore, Afloat Enterprises's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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

BOM:543377' s Net Margin % Range Over the Past 10 Years
Min: -0.2   Med: 0.82   Max: 88.15
Current: 1.47


BOM:543377's Net Margin % is ranked worse than
61.79% of 602 companies
in the Steel industry
Industry Median: 2.61 vs BOM:543377: 1.47

Afloat Enterprises Net Margin % Historical Data

The historical data trend for Afloat Enterprises'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.

Afloat Enterprises Net Margin % Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial -0.20 0.03 0.16 1.95 1.47

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only 1.61 5.71 1.77 6.72 -

Competitive Comparison of Afloat Enterprises's Net Margin %

For the Steel subindustry, Afloat Enterprises'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.


Afloat Enterprises's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's Net Margin % distribution charts can be found below:

* The bar in red indicates where Afloat Enterprises's Net Margin % falls into.



Afloat Enterprises 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.

Afloat Enterprises'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 )
=0.278/18.876
=1.47 %

Afloat Enterprises'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 )
=-0.991/0
= %

* 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.


Afloat Enterprises  (BOM:543377) 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.


Afloat Enterprises Net Margin % Related Terms

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Afloat Enterprises (BOM:543377) Business Description

Traded in Other Exchanges
N/A
Address
Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

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