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Kritika Wires (NSE:KRITIKA) Net Margin % : 3.07% (As of Mar. 2024)


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What is Kritika Wires Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kritika Wires's Net Income for the six months ended in Mar. 2024 was ₹69 Mil. Kritika Wires's Revenue for the six months ended in Mar. 2024 was ₹2,258 Mil. Therefore, Kritika Wires's net margin for the quarter that ended in Mar. 2024 was 3.07%.

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

NSE:KRITIKA' s Net Margin % Range Over the Past 10 Years
Min: 0.24   Med: 1.49   Max: 2.46
Current: 2.41


NSE:KRITIKA's Net Margin % is ranked worse than
51.66% of 602 companies
in the Steel industry
Industry Median: 2.575 vs NSE:KRITIKA: 2.41

Kritika Wires Net Margin % Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Net Margin % Chart

Kritika Wires Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.58 1.68 2.12 2.41

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.68 1.67 2.49 1.68 3.07

Competitive Comparison of Kritika Wires's Net Margin %

For the Steel subindustry, Kritika Wires'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.


Kritika Wires's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kritika Wires's Net Margin % distribution charts can be found below:

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



Kritika Wires 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.

Kritika Wires'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 )
=104.007/4317.394
=2.41 %

Kritika Wires'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 )
=69.403/2258.119
=3.07 %

* 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.


Kritika Wires  (NSE:KRITIKA) 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.


Kritika Wires Net Margin % Related Terms

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Kritika Wires (NSE:KRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

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