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ASK Automotive (BOM:544022) Net Margin % : 6.59% (As of Jun. 2024)


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What is ASK Automotive Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ASK Automotive's Net Income for the three months ended in Jun. 2024 was ₹568 Mil. ASK Automotive's Revenue for the three months ended in Jun. 2024 was ₹8,622 Mil. Therefore, ASK Automotive's net margin for the quarter that ended in Jun. 2024 was 6.59%.

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

BOM:544022' s Net Margin % Range Over the Past 10 Years
Min: 4.14   Med: 5.37   Max: 6.93
Current: 6.53


BOM:544022's Net Margin % is ranked better than
69.89% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 3.505 vs BOM:544022: 6.53

ASK Automotive Net Margin % Historical Data

The historical data trend for ASK Automotive'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.

ASK Automotive Net Margin % Chart

ASK Automotive Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Margin %
6.93 4.14 4.86 5.88

ASK Automotive Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Net Margin % Get a 7-Day Free Trial Premium Member Only 4.17 5.31 6.56 6.41 6.59

Competitive Comparison of ASK Automotive's Net Margin %

For the Auto Parts subindustry, ASK Automotive'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.


ASK Automotive's Net Margin % Distribution in the Vehicles & Parts Industry

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

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



ASK Automotive 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.

ASK Automotive'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 )
=1737.694/29565.942
=5.88 %

ASK Automotive's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=568.3/8622
=6.59 %

* 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.


ASK Automotive  (BOM:544022) 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.


ASK Automotive Net Margin % Related Terms

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ASK Automotive Business Description

Comparable Companies
Traded in Other Exchanges
Address
Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050
ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

ASK Automotive Headlines

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