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Rex Pipes and Cables Industries (NSE:REXPIPES) Net Margin % : 4.22% (As of Sep. 2023)


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What is Rex Pipes and Cables Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rex Pipes and Cables Industries's Net Income for the six months ended in Sep. 2023 was ₹24 Mil. Rex Pipes and Cables Industries's Revenue for the six months ended in Sep. 2023 was ₹575 Mil. Therefore, Rex Pipes and Cables Industries's net margin for the quarter that ended in Sep. 2023 was 4.22%.

The historical rank and industry rank for Rex Pipes and Cables Industries's Net Margin % or its related term are showing as below:

NSE:REXPIPES' s Net Margin % Range Over the Past 10 Years
Min: 1.87   Med: 2.76   Max: 3.65
Current: 3.38


NSE:REXPIPES's Net Margin % is ranked worse than
54.84% of 1530 companies
in the Chemicals industry
Industry Median: 4.1 vs NSE:REXPIPES: 3.38

Rex Pipes and Cables Industries Net Margin % Historical Data

The historical data trend for Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries Net Margin % Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial 3.52 2.45 1.88 1.87 3.07

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only 1.67 2.07 3.63 2.65 4.22

Competitive Comparison of Rex Pipes and Cables Industries's Net Margin %

For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.


Rex Pipes and Cables Industries's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rex Pipes and Cables Industries's Net Margin % falls into.



Rex Pipes and Cables Industries 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.

Rex Pipes and Cables Industries'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 )
=36.165/1176.142
=3.07 %

Rex Pipes and Cables Industries'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 )
=24.254/575.216
=4.22 %

* 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.


Rex Pipes and Cables Industries  (NSE:REXPIPES) 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.


Rex Pipes and Cables Industries Net Margin % Related Terms

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Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

Rex Pipes and Cables Industries (NSE:REXPIPES) Headlines

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