Rhetan TMT (BOM:543590) Net Margin % : 4.17% (As of Sep. 2023)

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What is Rhetan TMT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rhetan TMT's Net Income for the six months ended in Sep. 2023 was ₹14.5 Mil. Rhetan TMT's Revenue for the six months ended in Sep. 2023 was ₹347.6 Mil. Therefore, Rhetan TMT's net margin for the quarter that ended in Sep. 2023 was 4.17%.

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

BOM:543590' s Net Margin % Range Over the Past 10 Years
Min: -2.9 Med: 1.88 Max: 6.3
Current: 6.23

BOM:543590's Net Margin % is ranked better than
70.65% of 603 companies
in the Steel industry
Industry Median: 2.9 vs BOM:543590: 6.23

Rhetan TMT Net Margin % Historical Data

The historical data trend for Rhetan TMT'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.

Rhetan TMT Net Margin % Chart

Rhetan TMT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Net Margin %

-2.90

0.26

3.50

6.30

Rhetan TMT Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial			2.81	4.12	4.25	7.58	4.17

Competitive Comparison of Rhetan TMT's Net Margin %

For the Steel subindustry, Rhetan TMT'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.

Rhetan TMT's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rhetan TMT's Net Margin % falls into.

Rhetan TMT 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.

Rhetan TMT'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 )
	=	54.177	/	860.215
	=	6.30 %

Rhetan TMT's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	14.494	/	347.609
	=	4.17 %

Rhetan TMT (BOM:543590) 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.

Rhetan TMT Net Margin % Related Terms

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Rhetan TMT (BOM:543590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

http://www.rhetan.com

Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

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