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Home First Finance Co India (BOM:543259) Net Margin % : 29.23% (As of Mar. 2024)


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What is Home First Finance Co India Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Home First Finance Co India's Net Income for the three months ended in Mar. 2024 was ₹835 Mil. Home First Finance Co India's Revenue for the three months ended in Mar. 2024 was ₹2,856 Mil. Therefore, Home First Finance Co India's net margin for the quarter that ended in Mar. 2024 was 29.23%.

The historical rank and industry rank for Home First Finance Co India's Net Margin % or its related term are showing as below:

BOM:543259' s Net Margin % Range Over the Past 10 Years
Min: 12.17   Med: 24.56   Max: 38.9
Current: 29.43


BOM:543259's Net Margin % is ranked better than
63.15% of 1460 companies
in the Banks industry
Industry Median: 25.1 vs BOM:543259: 29.43

Home First Finance Co India Net Margin % Historical Data

The historical data trend for Home First Finance Co India'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.

Home First Finance Co India Net Margin % Chart

Home First Finance Co India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial 22.97 24.56 38.90 31.16 29.46

Home First Finance Co India Quarterly Data
Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 30.43 30.74 29.56 29.52 29.23

Competitive Comparison of Home First Finance Co India's Net Margin %

For the Mortgage Finance subindustry, Home First Finance Co India'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.


Home First Finance Co India's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home First Finance Co India's Net Margin % distribution charts can be found below:

* The bar in red indicates where Home First Finance Co India's Net Margin % falls into.



Home First Finance Co India 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.

Home First Finance Co India's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=3057.17/10376.23
=29.46 %

Home First Finance Co India's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=834.66/2855.86
=29.23 %

* 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.


Home First Finance Co India  (BOM:543259) 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.


Home First Finance Co India Net Margin % Related Terms

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Home First Finance Co India (BOM:543259) Business Description

Traded in Other Exchanges
Address
511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059
Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

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