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Elgi Equipments (NSE:ELGIEQUIP) Net Margin % : 10.21% (As of Dec. 2023)


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What is Elgi Equipments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Elgi Equipments's Net Income for the three months ended in Dec. 2023 was ₹839 Mil. Elgi Equipments's Revenue for the three months ended in Dec. 2023 was ₹8,218 Mil. Therefore, Elgi Equipments's net margin for the quarter that ended in Dec. 2023 was 10.21%.

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

NSE:ELGIEQUIP' s Net Margin % Range Over the Past 10 Years
Min: 2.33   Med: 5.39   Max: 12.81
Current: 12.81


NSE:ELGIEQUIP's Net Margin % is ranked better than
82.35% of 2968 companies
in the Industrial Products industry
Industry Median: 5.025 vs NSE:ELGIEQUIP: 12.81

Elgi Equipments Net Margin % Historical Data

The historical data trend for Elgi Equipments'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.

Elgi Equipments Net Margin % Chart

Elgi Equipments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 2.33 5.36 7.11 12.27

Elgi Equipments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.36 20.82 8.36 11.32 10.21

Competitive Comparison of Elgi Equipments's Net Margin %

For the Specialty Industrial Machinery subindustry, Elgi Equipments'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.


Elgi Equipments's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elgi Equipments's Net Margin % distribution charts can be found below:

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



Elgi Equipments 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.

Elgi Equipments's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=3708.09/30219.55
=12.27 %

Elgi Equipments'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 )
=838.8/8218.3
=10.21 %

* 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.


Elgi Equipments  (NSE:ELGIEQUIP) 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.


Elgi Equipments Net Margin % Related Terms

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Elgi Equipments (NSE:ELGIEQUIP) Business Description

Traded in Other Exchanges
Address
Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

Elgi Equipments (NSE:ELGIEQUIP) Headlines

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