Veekayem Fashion & Apparels (NSE:VEEKAYEM) Net Margin % : 1.66% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Veekayem Fashion & Apparels Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Veekayem Fashion & Apparels's Net Income for the six months ended in Mar. 2024 was ₹40 Mil. Veekayem Fashion & Apparels's Revenue for the six months ended in Mar. 2024 was ₹2,429 Mil. Therefore, Veekayem Fashion & Apparels's net margin for the quarter that ended in Mar. 2024 was 1.66%.

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

NSE:VEEKAYEM' s Net Margin % Range Over the Past 10 Years
Min: 0.46 Med: 0.77 Max: 1.66
Current: 1.66

NSE:VEEKAYEM's Net Margin % is ranked worse than
58.12% of 1034 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.885 vs NSE:VEEKAYEM: 1.66

Veekayem Fashion & Apparels Net Margin % Historical Data

The historical data trend for Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels Net Margin % Chart

Veekayem Fashion & Apparels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

0.51

0.46

1.27

0.77

1.66

Veekayem Fashion & Apparels Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Net Margin %	0.51	0.46	1.27	0.77	1.66

Competitive Comparison of Veekayem Fashion & Apparels's Net Margin %

For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Veekayem Fashion & Apparels's Net Margin % falls into.

Save Embed

;

Save Embed

;

Veekayem Fashion & Apparels 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.

Veekayem Fashion & Apparels'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 )
	=	40.255	/	2429.015
	=	1.66 %

Veekayem Fashion & Apparels'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 )
	=	40.255	/	2429.015
	=	1.66 %

Veekayem Fashion & Apparels (NSE:VEEKAYEM) 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.

Veekayem Fashion & Apparels Net Margin % Related Terms

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

Veekayem Fashion & Apparels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Veekayem Fashion & Apparels Ltd (NSE:VEEKAYEM) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063

Website

https://www.vkmgroups.com

Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.

Veekayem Fashion & Apparels Headlines

No Headlines