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Rockingdeals Circular Economy (NSE:ROCKINGDCE) Net Margin % : 10.51% (As of Mar. 2024)


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What is Rockingdeals Circular Economy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rockingdeals Circular Economy's Net Income for the six months ended in Mar. 2024 was ₹52.1 Mil. Rockingdeals Circular Economy's Revenue for the six months ended in Mar. 2024 was ₹495.6 Mil. Therefore, Rockingdeals Circular Economy's net margin for the quarter that ended in Mar. 2024 was 10.51%.

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

NSE:ROCKINGDCE' s Net Margin % Range Over the Past 10 Years
Min: -0.14   Med: 5.32   Max: 10.51
Current: 10.51


NSE:ROCKINGDCE's Net Margin % is ranked better than
88.71% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 2.05 vs NSE:ROCKINGDCE: 10.51

Rockingdeals Circular Economy Net Margin % Historical Data

The historical data trend for Rockingdeals Circular Economy'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.

Rockingdeals Circular Economy Net Margin % Chart

Rockingdeals Circular Economy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Margin %
-0.14 0.97 9.66 10.51

Rockingdeals Circular Economy Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Net Margin % -0.14 0.97 9.66 10.51

Competitive Comparison of Rockingdeals Circular Economy's Net Margin %

For the Department Stores subindustry, Rockingdeals Circular Economy'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.


Rockingdeals Circular Economy's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rockingdeals Circular Economy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rockingdeals Circular Economy's Net Margin % falls into.


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Rockingdeals Circular Economy 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.

Rockingdeals Circular Economy'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 )
=52.077/495.612
=10.51 %

Rockingdeals Circular Economy'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 )
=52.077/495.612
=10.51 %

* 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.


Rockingdeals Circular Economy  (NSE:ROCKINGDCE) 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.


Rockingdeals Circular Economy Net Margin % Related Terms

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Rockingdeals Circular Economy Business Description

Traded in Other Exchanges
N/A
Address
Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Sarai Khawaja Village, Faridabad, HR, IND, 121003
Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

Rockingdeals Circular Economy Headlines

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