Modis Navnirman (BOM:543539) Net Margin % : 11.88% (As of Mar. 2024)

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What is Modis Navnirman Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Modis Navnirman's Net Income for the six months ended in Mar. 2024 was ₹38.6 Mil. Modis Navnirman's Revenue for the six months ended in Mar. 2024 was ₹325.3 Mil. Therefore, Modis Navnirman's net margin for the quarter that ended in Mar. 2024 was 11.88%.

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

BOM:543539' s Net Margin % Range Over the Past 10 Years
Min: 3.03 Med: 9.86 Max: 13.86
Current: 11.77

BOM:543539's Net Margin % is ranked better than
61.85% of 1780 companies
in the Real Estate industry
Industry Median: 5.775 vs BOM:543539: 11.77

Modis Navnirman Net Margin % Historical Data

The historical data trend for Modis Navnirman'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.

Modis Navnirman Net Margin % Chart

Modis Navnirman Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

6.37

3.03

9.86

13.86

11.77

Modis Navnirman Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Net Margin %	Get a 7-Day Free Trial			-	15.36	12.62	11.63	11.88

Competitive Comparison of Modis Navnirman's Net Margin %

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman's Net Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Modis Navnirman's Net Margin % falls into.

Modis Navnirman 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.

Modis Navnirman'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 )
	=	66.917	/	568.46
	=	11.77 %

Modis Navnirman'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 )
	=	38.636	/	325.34
	=	11.88 %

Modis Navnirman (BOM:543539) 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.

Modis Navnirman Net Margin % Related Terms

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Modis Navnirman (BOM:543539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modis Navnirman Ltd (BOM:543539) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.modisnirman.com

Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Badshah Residency, Rashmi Jewel, Rashmi Terrace and others.

Modis Navnirman (BOM:543539) Headlines

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