Mega Flex Plastics (NSE:MEGAFLEX) Net Margin % : 1.22% (As of Sep. 2024)

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What is Mega Flex Plastics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mega Flex Plastics's Net Income for the six months ended in Sep. 2024 was ₹2.1 Mil. Mega Flex Plastics's Revenue for the six months ended in Sep. 2024 was ₹172.8 Mil. Therefore, Mega Flex Plastics's net margin for the quarter that ended in Sep. 2024 was 1.22%.

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

NSE:MEGAFLEX' s Net Margin % Range Over the Past 10 Years
Min: 2.83 Med: 4.37 Max: 6.98
Current: 4.02

NSE:MEGAFLEX's Net Margin % is ranked better than
50.64% of 391 companies
in the Packaging & Containers industry
Industry Median: 3.89 vs NSE:MEGAFLEX: 4.02

Mega Flex Plastics Net Margin % Historical Data

The historical data trend for Mega Flex Plastics'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.

Mega Flex Plastics Net Margin % Chart

Mega Flex Plastics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

6.98

4.37

5.72

4.08

2.83

Mega Flex Plastics Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Net Margin %	Get a 7-Day Free Trial				3.74	4.30	-0.48	5.97	1.22

Competitive Comparison of Mega Flex Plastics's Net Margin %

For the Packaging & Containers subindustry, Mega Flex Plastics'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.

Mega Flex Plastics's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mega Flex Plastics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mega Flex Plastics's Net Margin % falls into.

Mega Flex Plastics 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.

Mega Flex Plastics'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 )
	=	13.694	/	484.046
	=	2.83 %

Mega Flex Plastics's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2.1	/	172.766
	=	1.22 %

Mega Flex Plastics (NSE:MEGAFLEX) 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.

Mega Flex Plastics Net Margin % Related Terms

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Mega Flex Plastics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mega Flex Plastics Ltd (NSE:MEGAFLEX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.megaflex.co.in

Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.

Mega Flex Plastics Headlines

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