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Pattech Fitwell Tube Components (NSE:PATTECH) Net Margin % : 2.28% (As of Sep. 2023)


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What is Pattech Fitwell Tube Components Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Pattech Fitwell Tube Components's Net Income for the six months ended in Sep. 2023 was ₹4.3 Mil. Pattech Fitwell Tube Components's Revenue for the six months ended in Sep. 2023 was ₹188.7 Mil. Therefore, Pattech Fitwell Tube Components's net margin for the quarter that ended in Sep. 2023 was 2.28%.

The historical rank and industry rank for Pattech Fitwell Tube Components's Net Margin % or its related term are showing as below:

NSE:PATTECH' s Net Margin % Range Over the Past 10 Years
Min: -0.06   Med: 0.38   Max: 6.49
Current: 2.28


NSE:PATTECH's Net Margin % is ranked worse than
53.99% of 602 companies
in the Steel industry
Industry Median: 2.83 vs NSE:PATTECH: 2.28

Pattech Fitwell Tube Components Net Margin % Historical Data

The historical data trend for Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components Net Margin % Chart

Pattech Fitwell Tube Components Annual Data
Trend Mar20 Mar21 Mar22
Net Margin %
0.38 -0.06 6.49

Pattech Fitwell Tube Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
Net Margin % - - - 2.28

Competitive Comparison of Pattech Fitwell Tube Components's Net Margin %

For the Steel subindustry, Pattech Fitwell Tube Components'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.


Pattech Fitwell Tube Components's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Net Margin % falls into.



Pattech Fitwell Tube Components 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.

Pattech Fitwell Tube Components's Net Margin for the fiscal year that ended in Mar. 2022 is calculated as

Net Margin=Net Income (A: Mar. 2022 )/Revenue (A: Mar. 2022 )
=14.445/222.495
=6.49 %

Pattech Fitwell Tube Components'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 )
=4.301/188.74
=2.28 %

* 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.


Pattech Fitwell Tube Components  (NSE:PATTECH) 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.


Pattech Fitwell Tube Components Net Margin % Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Traded in Other Exchanges
N/A
Address
Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

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