Globale Tessile (BOM:544234) Net Margin % : 0.92% (As of Mar. 2024)

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What is Globale Tessile Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Globale Tessile's Net Income for the six months ended in Mar. 2024 was ₹5.0 Mil. Globale Tessile's Revenue for the six months ended in Mar. 2024 was ₹542.7 Mil. Therefore, Globale Tessile's net margin for the quarter that ended in Mar. 2024 was 0.92%.

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

BOM:544234' s Net Margin % Range Over the Past 10 Years
Min: -1.9 Med: 1.25 Max: 1.71
Current: 0.92

BOM:544234's Net Margin % is ranked worse than
64% of 1039 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75 vs BOM:544234: 0.92

Globale Tessile Net Margin % Historical Data

The historical data trend for Globale Tessile'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.

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Globale Tessile Net Margin % Chart

Globale Tessile Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar23

Mar24

Net Margin %

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1.43

0.86

1.71

-1.90

0.92

Globale Tessile Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar23	Mar24
Net Margin %	Get a 7-Day Free Trial			1.43	0.86	1.71	-1.90	0.92

Competitive Comparison of Globale Tessile's Net Margin %

For the Textile Manufacturing subindustry, Globale Tessile'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.

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

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

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

Globale Tessile 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.

Globale Tessile'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 )
	=	4.999	/	542.726
	=	0.92 %

Globale Tessile'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 )
	=	4.999	/	542.726
	=	0.92 %

Globale Tessile (BOM:544234) 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.

Globale Tessile Net Margin % Related Terms

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Globale Tessile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Globale Tessile Ltd (BOM:544234) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

GLOBALE:India

Address

Polytechnic Road, Mahalaxmi House, 2nd Floor, YSL Avenue, Opposite Ketav Petrol Pump, Ambawadi, Ahmedabad, GJ, IND, 380 015

Website

https://www.mahalaxmigroup.net/GTL

Globale Tessile Ltd is principally engaged in the business of trading textile products. The company's products include Beaded George Fabric, Embroidery Fabric, African Print Fabric, African George Fabric, and Ladies Kaftans.

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