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Riddhiorate Services (BOM:540590) Net Margin % : 5.27% (As of Dec. 2023)


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What is Riddhiorate Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Riddhiorate Services's Net Income for the three months ended in Dec. 2023 was ₹16 Mil. Riddhiorate Services's Revenue for the three months ended in Dec. 2023 was ₹303 Mil. Therefore, Riddhiorate Services's net margin for the quarter that ended in Dec. 2023 was 5.27%.

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

BOM:540590' s Net Margin % Range Over the Past 10 Years
Min: -0.68   Med: 3.58   Max: 5.38
Current: 3.93


BOM:540590's Net Margin % is ranked better than
50.42% of 1063 companies
in the Business Services industry
Industry Median: 3.88 vs BOM:540590: 3.93

Riddhiorate Services Net Margin % Historical Data

The historical data trend for Riddhiorate Services'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.

Riddhiorate Services Net Margin % Chart

Riddhiorate Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial 1.63 -0.68 3.62 5.38 4.21

Riddhiorate Services 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 4.55 4.85 3.57 2.32 5.27

Competitive Comparison of Riddhiorate Services's Net Margin %

For the Specialty Business Services subindustry, Riddhiorate Services'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.


Riddhiorate Services's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Riddhiorate Services's Net Margin % falls into.



Riddhiorate Services 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.

Riddhiorate Services'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 )
=84.2/2001.741
=4.21 %

Riddhiorate Services'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 )
=15.977/303.213
=5.27 %

* 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.


Riddhiorate Services  (BOM:540590) 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.


Riddhiorate Services Net Margin % Related Terms

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Riddhiorate Services (BOM:540590) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009
Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.

Riddhiorate Services (BOM:540590) Headlines

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