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Creative Castings (BOM:539527) Net Margin % : 11.97% (As of Mar. 2024)


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What is Creative Castings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Creative Castings's Net Income for the three months ended in Mar. 2024 was ₹18.3 Mil. Creative Castings's Revenue for the three months ended in Mar. 2024 was ₹152.9 Mil. Therefore, Creative Castings's net margin for the quarter that ended in Mar. 2024 was 11.97%.

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

BOM:539527' s Net Margin % Range Over the Past 10 Years
Min: 7.42   Med: 9.65   Max: 11.42
Current: 9.68


BOM:539527's Net Margin % is ranked better than
82.33% of 600 companies
in the Steel industry
Industry Median: 2.635 vs BOM:539527: 9.68

Creative Castings Net Margin % Historical Data

The historical data trend for Creative Castings'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.

Creative Castings Net Margin % Chart

Creative Castings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.62 9.86 8.18 9.43 9.68

Creative Castings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only 7.45 9.06 8.85 8.29 11.97

Competitive Comparison of Creative Castings's Net Margin %

For the Steel subindustry, Creative Castings'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.


Creative Castings's Net Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Creative Castings's Net Margin % falls into.



Creative Castings 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.

Creative Castings'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 )
=50.566/522.628
=9.68 %

Creative Castings'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 )
=18.306/152.873
=11.97 %

* 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.


Creative Castings  (BOM:539527) 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.


Creative Castings Net Margin % Related Terms

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


Creative Castings (BOM:539527) Business Description

Traded in Other Exchanges
N/A
Address
Rajkot Road, 102, GIDC Estates, Phase - II, Dolatpara, Junagadh, GJ, IND, 362003
Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Investment Castings and Power. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves pumps and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.

Creative Castings (BOM:539527) Headlines

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