My Mudra Fincorp (NSE:MYMUDRA) Net Margin % : 11.76% (As of Mar. 2024)

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What is My Mudra Fincorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. My Mudra Fincorp's Net Income for the six months ended in Mar. 2024 was ₹83.6 Mil. My Mudra Fincorp's Revenue for the six months ended in Mar. 2024 was ₹710.7 Mil. Therefore, My Mudra Fincorp's net margin for the quarter that ended in Mar. 2024 was 11.76%.

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

NSE:MYMUDRA' s Net Margin % Range Over the Past 10 Years
Min: 1.65 Med: 6.49 Max: 11.76
Current: 11.76

NSE:MYMUDRA's Net Margin % is ranked better than
81.07% of 1062 companies
in the Business Services industry
Industry Median: 3.885 vs NSE:MYMUDRA: 11.76

My Mudra Fincorp Net Margin % Historical Data

The historical data trend for My Mudra Fincorp'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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My Mudra Fincorp Net Margin % Chart

My Mudra Fincorp Annual Data

Trend

Mar22

Mar23

Mar24

Net Margin %

1.65

6.49

11.76

My Mudra Fincorp Semi-Annual Data
	Mar22	Mar23	Mar24
Net Margin %	1.65	6.49	11.76

Competitive Comparison of My Mudra Fincorp's Net Margin %

For the Specialty Business Services subindustry, My Mudra Fincorp'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.

My Mudra Fincorp's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, My Mudra Fincorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where My Mudra Fincorp's Net Margin % falls into.

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My Mudra Fincorp 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.

My Mudra Fincorp'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 )
	=	83.552	/	710.724
	=	11.76 %

My Mudra Fincorp'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 )
	=	83.552	/	710.724
	=	11.76 %

My Mudra Fincorp (NSE:MYMUDRA) 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.

My Mudra Fincorp Net Margin % Related Terms

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My Mudra Fincorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » My Mudra Fincorp Ltd (NSE:MYMUDRA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

w.e.a. Karol Bagh, 17A/45, 3rd Floor, Central Delhi, New Delhi, IND, 110005

Website

https://www.mymudra.com

My Mudra Fincorp Ltd functions as a Channel Partner (DSA) for Banks and NBFCs operating in India. Its business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC's. The company provides its customers with the ability to research and compare a wide range of lending and insurance products offered by its lending and insurer partners, enhancing choice and transparency.

My Mudra Fincorp Headlines

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