GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Net Margin %

Swastik Pipe (NSE:SWASTIK) Net Margin % : 1.29% (As of Mar. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Swastik Pipe Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Swastik Pipe's Net Income for the six months ended in Mar. 2023 was ₹91 Mil. Swastik Pipe's Revenue for the six months ended in Mar. 2023 was ₹7,036 Mil. Therefore, Swastik Pipe's net margin for the quarter that ended in Mar. 2023 was 1.29%.

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

NSE:SWASTIK' s Net Margin % Range Over the Past 10 Years
Min: -2.12   Med: 0.79   Max: 4.61
Current: 1.29


NSE:SWASTIK's Net Margin % is ranked worse than
65.12% of 602 companies
in the Steel industry
Industry Median: 2.745 vs NSE:SWASTIK: 1.29

Swastik Pipe Net Margin % Historical Data

The historical data trend for Swastik Pipe'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.

Swastik Pipe Net Margin % Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net Margin %
-2.12 0.29 4.61 1.29

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Net Margin % -2.12 0.29 4.61 1.29

Competitive Comparison of Swastik Pipe's Net Margin %

For the Steel subindustry, Swastik Pipe'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.


Swastik Pipe's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Net Margin % distribution charts can be found below:

* The bar in red indicates where Swastik Pipe's Net Margin % falls into.



Swastik Pipe 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.

Swastik Pipe'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 )
=90.631/7035.883
=1.29 %

Swastik Pipe'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 )
=90.631/7035.883
=1.29 %

* 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.


Swastik Pipe  (NSE:SWASTIK) 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.


Swastik Pipe Net Margin % Related Terms

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


Swastik Pipe (NSE:SWASTIK) Business Description

Traded in Other Exchanges
N/A
Address
2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026
Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

Swastik Pipe (NSE:SWASTIK) Headlines

No Headlines