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Minaxi Textiles (BOM:531456) Profitability Rank : 6 (As of Mar. 2024)


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What is Minaxi Textiles Profitability Rank?

Minaxi Textiles has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Minaxi Textiles's Operating Margin % for the quarter that ended in Mar. 2024 was -21.16%. As of today, Minaxi Textiles's Piotroski F-Score is 6.


Competitive Comparison of Minaxi Textiles's Profitability Rank

For the Textile Manufacturing subindustry, Minaxi Textiles's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Minaxi Textiles's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minaxi Textiles's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Minaxi Textiles's Profitability Rank falls into.



Minaxi Textiles Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Minaxi Textiles has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Minaxi Textiles's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-18.641 / 88.116
=-21.16 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Minaxi Textiles has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Minaxi Textiles Profitability Rank Related Terms

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Minaxi Textiles (BOM:531456) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 3311, GIDC, Phase-IV, Chhatral, Taluka-Kalol, Gandhinagar, GJ, IND, 382729
Minaxi Textiles Ltd is an integrated textile solutions enterprise. The company is engaged in weaving and manufacturing of cotton and cotton mixture fabrics. In addition, the company supplies uniforms to government and semi-government departments. The company deals in suiting products having a specialty in fancy suiting fabrics. Its products include suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric.

Minaxi Textiles (BOM:531456) Headlines

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