GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gandhi Special Tubes Ltd (BOM:513108) » Definitions » Net Margin %

Gandhi Special Tubes (BOM:513108) Net Margin % : 32.02% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Gandhi Special Tubes Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gandhi Special Tubes's Net Income for the three months ended in Dec. 2023 was ₹132 Mil. Gandhi Special Tubes's Revenue for the three months ended in Dec. 2023 was ₹412 Mil. Therefore, Gandhi Special Tubes's net margin for the quarter that ended in Dec. 2023 was 32.02%.

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

BOM:513108' s Net Margin % Range Over the Past 10 Years
Min: 18.2   Med: 29.1   Max: 32.98
Current: 32.64


BOM:513108's Net Margin % is ranked better than
98.05% of 2973 companies
in the Industrial Products industry
Industry Median: 5.21 vs BOM:513108: 32.64

Gandhi Special Tubes Net Margin % Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Net Margin % Chart

Gandhi Special Tubes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.66 27.52 32.80 29.10 29.09

Gandhi Special Tubes 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 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 26.03 34.91 34.11 30.13 32.02

Competitive Comparison of Gandhi Special Tubes's Net Margin %

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gandhi Special Tubes's Net Margin % falls into.



Gandhi Special Tubes 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.

Gandhi Special Tubes's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=473.369/1627.203
=29.09 %

Gandhi Special Tubes's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=132.078/412.467
=32.02 %

* 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.


Gandhi Special Tubes  (BOM:513108) 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.


Gandhi Special Tubes Net Margin % Related Terms

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


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

No Headlines