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Ascom Leasing & Investments (NSE:ASCOM) Net Margin % : 40.52% (As of Mar. 2024)


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What is Ascom Leasing & Investments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ascom Leasing & Investments's Net Income for the six months ended in Mar. 2024 was ₹49.7 Mil. Ascom Leasing & Investments's Revenue for the six months ended in Mar. 2024 was ₹122.6 Mil. Therefore, Ascom Leasing & Investments's net margin for the quarter that ended in Mar. 2024 was 40.52%.

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

NSE:ASCOM' s Net Margin % Range Over the Past 10 Years
Min: 4.62   Med: 40.52   Max: 71.53
Current: 40.53


NSE:ASCOM's Net Margin % is ranked better than
81.57% of 521 companies
in the Credit Services industry
Industry Median: 14.22 vs NSE:ASCOM: 40.53

Ascom Leasing & Investments Net Margin % Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments Net Margin % Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only 46.64 45.79 39.70 41.25 40.52

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only 46.64 45.79 39.70 41.25 40.52

Competitive Comparison of Ascom Leasing & Investments's Net Margin %

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Net Margin % falls into.


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Ascom Leasing & Investments 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.

Ascom Leasing & Investments'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 )
=49.664/122.553
=40.52 %

Ascom Leasing & Investments'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 )
=49.664/122.553
=40.52 %

* 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.


Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments Net Margin % Related Terms

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Ascom Leasing & Investments Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Maniba Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of financing and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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