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Precot (NSE:PRECOT) Net Margin % : 4.88% (As of Mar. 2024)


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What is Precot Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Precot's Net Income for the three months ended in Mar. 2024 was ₹121 Mil. Precot's Revenue for the three months ended in Mar. 2024 was ₹2,486 Mil. Therefore, Precot's net margin for the quarter that ended in Mar. 2024 was 4.88%.

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

NSE:PRECOT' s Net Margin % Range Over the Past 10 Years
Min: -8.12   Med: -1.73   Max: 11.04
Current: 1.8


NSE:PRECOT's Net Margin % is ranked worse than
57.14% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59 vs NSE:PRECOT: 1.80

Precot Net Margin % Historical Data

The historical data trend for Precot'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.

Precot Net Margin % Chart

Precot 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 -2.37 5.13 11.04 -2.83 1.80

Precot Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only -3.84 -1.45 -0.42 4.06 4.88

Competitive Comparison of Precot's Net Margin %

For the Textile Manufacturing subindustry, Precot'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.


Precot's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Precot's Net Margin % distribution charts can be found below:

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



Precot 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.

Precot'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 )
=167.824/9326.989
=1.80 %

Precot'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 )
=121.408/2485.926
=4.88 %

* 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.


Precot  (NSE:PRECOT) 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.


Precot Net Margin % Related Terms

Thank you for viewing the detailed overview of Precot's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Precot (NSE:PRECOT) Business Description

Traded in Other Exchanges
N/A
Address
Nava India Road, SF No: 559/4, D Block, 4th Floor, Hanudev Info Park, Udaiyampalayam, Coimbatore, TN, IND, 641 028
Precot Ltd operates in the textile business. The products manufactured by the group broadly fall under two categories namely Yarns and Threads; and Health and Hygiene care. Its yarn products include normal, compact, organic, slub, doubled yarn, gassed yarn, open-end yarn, polyester cotton blend yarn and polyester sewing thread. Further, its health and hygiene product line includes cosmetic make up removal pads in different shapes like round, oval, square and rectangle; roll goods in normal and organic cotton, and absorbent cotton in normal and organic.

Precot (NSE:PRECOT) Headlines

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