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Avance Technologies (BOM:512149) Net Margin % : 10.07% (As of Dec. 2023)


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What is Avance Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Avance Technologies's Net Income for the three months ended in Dec. 2023 was ₹19.2 Mil. Avance Technologies's Revenue for the three months ended in Dec. 2023 was ₹190.2 Mil. Therefore, Avance Technologies's net margin for the quarter that ended in Dec. 2023 was 10.07%.

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

BOM:512149' s Net Margin % Range Over the Past 10 Years
Min: -64254.08   Med: -1.08   Max: 16.39
Current: 7.07


BOM:512149's Net Margin % is ranked better than
69.76% of 2765 companies
in the Software industry
Industry Median: 1.78 vs BOM:512149: 7.07

Avance Technologies Net Margin % Historical Data

The historical data trend for Avance Technologies'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.

Avance Technologies Net Margin % Chart

Avance Technologies 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 16.39 -16,894.43 -64,254.08 -5.35 1.33

Avance Technologies 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 2.23 -11.53 6.95 4.36 10.07

Competitive Comparison of Avance Technologies's Net Margin %

For the Information Technology Services subindustry, Avance Technologies'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.


Avance Technologies's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Avance Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Avance Technologies's Net Margin % falls into.



Avance Technologies 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.

Avance Technologies'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 )
=4.06/305.32
=1.33 %

Avance Technologies'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 )
=19.155/190.202
=10.07 %

* 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.


Avance Technologies  (BOM:512149) 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.


Avance Technologies Net Margin % Related Terms

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Avance Technologies (BOM:512149) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 226/227, Second Floor, Majestic Center, 144 Opera House, Mumbai, MH, IND, 400002
Avance Technologies Ltd is engaged in the trading of information technology software products. The company's principal activities include software and hardware resale. Its products and services include short code services, enterprises mobile marketing, mobile marketing solution suit, electronic mail, and web integration, ad insertion program, wireless application protocol, mobile coupons page elements, OBD and IBD, e-mail marketing, call conferencing platform, and subscriber management platform. The firm generates revenue from the sale of IT products.

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