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Grindwell Norton (BOM:506076) Net Margin % : 14.06% (As of Dec. 2023)


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What is Grindwell Norton Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grindwell Norton's Net Income for the three months ended in Dec. 2023 was ₹922 Mil. Grindwell Norton's Revenue for the three months ended in Dec. 2023 was ₹6,555 Mil. Therefore, Grindwell Norton's net margin for the quarter that ended in Dec. 2023 was 14.06%.

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

BOM:506076' s Net Margin % Range Over the Past 10 Years
Min: 8.69   Med: 10.47   Max: 14.69
Current: 14.66


BOM:506076's Net Margin % is ranked better than
89.07% of 1656 companies
in the Construction industry
Industry Median: 3.22 vs BOM:506076: 14.66

Grindwell Norton Net Margin % Historical Data

The historical data trend for Grindwell Norton'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.

Grindwell Norton Net Margin % Chart

Grindwell Norton 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 10.47 11.56 14.60 14.69 14.24

Grindwell Norton 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 13.37 14.66 14.51 15.41 14.06

Competitive Comparison of Grindwell Norton's Net Margin %

For the Building Products & Equipment subindustry, Grindwell Norton'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.


Grindwell Norton's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grindwell Norton's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grindwell Norton's Net Margin % falls into.



Grindwell Norton 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.

Grindwell Norton'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 )
=3619.041/25413.424
=14.24 %

Grindwell Norton'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 )
=921.6/6554.7
=14.06 %

* 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.


Grindwell Norton  (BOM:506076) 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.


Grindwell Norton Net Margin % Related Terms

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Grindwell Norton (BOM:506076) Business Description

Traded in Other Exchanges
Address
Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into major segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue in India..

Grindwell Norton (BOM:506076) Headlines

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