Tolins Tyres (NSE:TOLINS) Net Margin % : 12.08% (As of Sep. 2024)

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What is Tolins Tyres Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tolins Tyres's Net Income for the six months ended in Sep. 2024 was ₹185 Mil. Tolins Tyres's Revenue for the six months ended in Sep. 2024 was ₹1,532 Mil. Therefore, Tolins Tyres's net margin for the quarter that ended in Sep. 2024 was 12.08%.

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

NSE:TOLINS' s Net Margin % Range Over the Past 10 Years
Min: 0.56 Med: 2.47 Max: 11.45
Current: 10.91

NSE:TOLINS's Net Margin % is ranked better than
85.86% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.14 vs NSE:TOLINS: 10.91

Tolins Tyres Net Margin % Historical Data

The historical data trend for Tolins Tyres'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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Tolins Tyres Net Margin % Chart

Tolins Tyres Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Net Margin %

0.72

0.56

4.22

11.45

Tolins Tyres Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Net Margin %	Get a 7-Day Free Trial			-	-	14.33	9.62	12.08

Competitive Comparison of Tolins Tyres's Net Margin %

For the Auto Parts subindustry, Tolins Tyres'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.

Tolins Tyres's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tolins Tyres's Net Margin % distribution charts can be found below:

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

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Tolins Tyres 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.

Tolins Tyres'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 )
	=	260.06	/	2272.18
	=	11.45 %

Tolins Tyres'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 )
	=	185.07	/	1531.82
	=	12.08 %

Tolins Tyres (NSE:TOLINS) 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.

Tolins Tyres Net Margin % Related Terms

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Tolins Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tolins Tyres Ltd (NSE:TOLINS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

544254:India

Address

No. 1/47, M C Road, Kalady, Aluva, Ernakulam, KL, IND, 683574

Website

https://www.tolinstyres.com

Tolins Tyres Ltd is one of the companies that are present in both verticals - manufacturing of new tyres and tread rubber. The company is engaged in manufacturing of bias tyres for a comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and is also involved in the manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.

Tolins Tyres Headlines

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