Redtape (BOM:543957) Net Margin % : 9.85% (As of Dec. 2023)

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What is Redtape Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Redtape's Net Income for the three months ended in Dec. 2023 was ₹608 Mil. Redtape's Revenue for the three months ended in Dec. 2023 was ₹6,176 Mil. Therefore, Redtape's net margin for the quarter that ended in Dec. 2023 was 9.85%.

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

BOM:543957' s Net Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 10.13
Current: 10.13

BOM:543957's Net Margin % is ranked better than
82.93% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.55 vs BOM:543957: 10.13

Redtape Net Margin % Historical Data

The historical data trend for Redtape'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.

Redtape Net Margin % Chart

Redtape Annual Data

Trend

Mar22

Net Margin %

Redtape Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial			8.56	11.16	11.87	8.54	9.85

Competitive Comparison of Redtape's Net Margin %

For the Footwear & Accessories subindustry, Redtape'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.

Redtape's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Redtape's Net Margin % distribution charts can be found below:

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

Redtape 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.

Redtape's Net Margin for the fiscal year that ended in Mar. 2022 is calculated as

Net Margin	=	Net Income (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	0	/	0
	=	%

Redtape's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	608.2	/	6175.7
	=	9.85 %

Redtape (BOM:543957) 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.

Redtape Net Margin % Related Terms

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Redtape (BOM:543957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Redtape Ltd (BOM:543957) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

REDTAPE:India

Address

Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.redtape.com

Redtape Ltd Is the finest brand of Footwear and Clothing for Men, Women and Kids. Its clothing and accessories categories with product offerings comprising casual and semi-formal apparel including shirts, t-shirts, trousers, denim, sweaters, jackets and accessories such as belts, socks, handkerchiefs and wallets. The brand also caters to fashion-conscious women and kids with a wide array of products.

Redtape (BOM:543957) Headlines

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