GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajnandini Metal Ltd (NSE:RAJMET) » Definitions » Net Margin %

Rajnandini Metal (NSE:RAJMET) Net Margin % : 1.30% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Rajnandini Metal Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rajnandini Metal's Net Income for the three months ended in Dec. 2023 was ₹39 Mil. Rajnandini Metal's Revenue for the three months ended in Dec. 2023 was ₹2,977 Mil. Therefore, Rajnandini Metal's net margin for the quarter that ended in Dec. 2023 was 1.30%.

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

NSE:RAJMET' s Net Margin % Range Over the Past 10 Years
Min: 0.23   Med: 0.67   Max: 1.49
Current: 1.49


NSE:RAJMET's Net Margin % is ranked better than
56.58% of 859 companies
in the Metals & Mining industry
Industry Median: -0.13 vs NSE:RAJMET: 1.49

Rajnandini Metal Net Margin % Historical Data

The historical data trend for Rajnandini Metal'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.

Rajnandini Metal Net Margin % Chart

Rajnandini Metal 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 0.76 - 0.80 0.97 1.33

Rajnandini Metal Quarterly Data
Mar17 Mar18 Mar19 Sep19 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 1.35 1.00 1.73 1.95 1.30

Competitive Comparison of Rajnandini Metal's Net Margin %

For the Copper subindustry, Rajnandini Metal'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.


Rajnandini Metal's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rajnandini Metal's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rajnandini Metal's Net Margin % falls into.



Rajnandini Metal 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.

Rajnandini Metal'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 )
=136.8/10288.8
=1.33 %

Rajnandini Metal'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 )
=38.6/2976.7
=1.30 %

* 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.


Rajnandini Metal  (NSE:RAJMET) 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.


Rajnandini Metal Net Margin % Related Terms

Thank you for viewing the detailed overview of Rajnandini Metal's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rajnandini Metal (NSE:RAJMET) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, Bawal, HR, IND, 123501
Rajnandini Metal Ltd is an India-based company mainly y engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products offeres Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

Rajnandini Metal (NSE:RAJMET) Headlines

No Headlines