SP Refractories (NSE:SPRL) Net Margin % : 5.38% (As of Sep. 2023)

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What is SP Refractories Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SP Refractories's Net Income for the six months ended in Sep. 2023 was ₹7.5 Mil. SP Refractories's Revenue for the six months ended in Sep. 2023 was ₹139.4 Mil. Therefore, SP Refractories's net margin for the quarter that ended in Sep. 2023 was 5.38%.

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

NSE:SPRL' s Net Margin % Range Over the Past 10 Years
Min: 1.11 Med: 2.26 Max: 4.6
Current: 4.6

NSE:SPRL's Net Margin % is ranked worse than
53.13% of 384 companies
in the Building Materials industry
Industry Median: 5.1 vs NSE:SPRL: 4.60

SP Refractories Net Margin % Historical Data

The historical data trend for SP Refractories'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.

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SP Refractories Net Margin % Chart

SP Refractories Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

1.11

1.90

2.93

3.12

2.26

SP Refractories Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial			5.58	1.04	0.99	3.73	5.38

Competitive Comparison of SP Refractories's Net Margin %

For the Building Materials subindustry, SP Refractories'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.

SP Refractories's Net Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SP Refractories's Net Margin % distribution charts can be found below:

* The bar in red indicates where SP Refractories's Net Margin % falls into.

SP Refractories 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.

SP Refractories'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 )
	=	6.157	/	272.361
	=	2.26 %

SP Refractories'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 )
	=	7.498	/	139.352
	=	5.38 %

SP Refractories (NSE:SPRL) 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.

SP Refractories Net Margin % Related Terms

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SP Refractories (NSE:SPRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SP Refractories Ltd (NSE:SPRL) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.sprefractories.com

SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

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