Micropro Software Solutions (NSE:MICROPRO) Net Margin % : 27.00% (As of Mar. 2023)

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What is Micropro Software Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Micropro Software Solutions's Net Income for the six months ended in Mar. 2023 was ₹59.2 Mil. Micropro Software Solutions's Revenue for the six months ended in Mar. 2023 was ₹219.4 Mil. Therefore, Micropro Software Solutions's net margin for the quarter that ended in Mar. 2023 was 27.00%.

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

NSE:MICROPRO' s Net Margin % Range Over the Past 10 Years
Min: 9.33 Med: 15.43 Max: 27
Current: 27

NSE:MICROPRO's Net Margin % is ranked better than
95.18% of 2762 companies
in the Software industry
Industry Median: 1.71 vs NSE:MICROPRO: 27.00

Micropro Software Solutions Net Margin % Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Net Margin % Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Net Margin %

9.33

15.43

27.00

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Net Margin %	9.33	15.43	27.00

Competitive Comparison of Micropro Software Solutions's Net Margin %

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's Net Margin % falls into.

Micropro Software Solutions 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.

Micropro Software Solutions'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 )
	=	59.223	/	219.364
	=	27.00 %

Micropro Software Solutions's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	59.223	/	219.364
	=	27.00 %

Micropro Software Solutions (NSE:MICROPRO) 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.

Micropro Software Solutions Net Margin % Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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