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Vardhman Acrylics (NSE:VARDHACRLC) Net Margin % : 2.21% (As of Sep. 2024)


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What is Vardhman Acrylics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vardhman Acrylics's Net Income for the three months ended in Sep. 2024 was ₹16 Mil. Vardhman Acrylics's Revenue for the three months ended in Sep. 2024 was ₹706 Mil. Therefore, Vardhman Acrylics's net margin for the quarter that ended in Sep. 2024 was 2.21%.

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

NSE:VARDHACRLC' s Net Margin % Range Over the Past 10 Years
Min: 4.8   Med: 9.34   Max: 15.34
Current: 6.53


NSE:VARDHACRLC's Net Margin % is ranked better than
72.32% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75 vs NSE:VARDHACRLC: 6.53

Vardhman Acrylics Net Margin % Historical Data

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics Net Margin % Chart

Vardhman Acrylics 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 13.84 15.34 4.80 7.71 5.91

Vardhman Acrylics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.15 9.05 7.82 7.61 2.21

Competitive Comparison of Vardhman Acrylics's Net Margin %

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


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

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

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



Vardhman Acrylics 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.

Vardhman Acrylics'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 )
=175.356/2968.53
=5.91 %

Vardhman Acrylics'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 )
=15.6/706.2
=2.21 %

* 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.


Vardhman Acrylics  (NSE:VARDHACRLC) 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.


Vardhman Acrylics Net Margin % Related Terms

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Vardhman Acrylics Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India.

Vardhman Acrylics Headlines

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