Jindal Drilling & Industries (BOM:511034) Net Margin % : 17.45% (As of Dec. 2023)

Jindal Drilling & Industries Net Margin % Chart

Jindal Drilling & Industries Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Net Margin %		Get a 7-Day Free Trial					32.89	-273.22	-1.48	15.35	18.92

Jindal Drilling & Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															17.99	9.86	12.85	15.57	17.45

Competitive Comparison of Jindal Drilling & Industries's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Jindal Drilling & Industries'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.

Jindal Drilling & Industries's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jindal Drilling & Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jindal Drilling & Industries's Net Margin % falls into.

Jindal Drilling & Industries 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.

Jindal Drilling & Industries's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Jindal Drilling & Industries's Net Margin for the quarter that ended in Dec. 2023 is calculated as

* 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.

Jindal Drilling & Industries  (BOM:511034) 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.

Jindal Drilling & Industries Net Margin % Related Terms

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Jindal Drilling & Industries (BOM:511034) Business Description