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Gul Ahmed Textile Mills (KAR:GATM) Net Margin % : 2.72% (As of Mar. 2024)


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What is Gul Ahmed Textile Mills Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gul Ahmed Textile Mills's Net Income for the three months ended in Mar. 2024 was ₨1,184 Mil. Gul Ahmed Textile Mills's Revenue for the three months ended in Mar. 2024 was ₨43,611 Mil. Therefore, Gul Ahmed Textile Mills's net margin for the quarter that ended in Mar. 2024 was 2.72%.

The historical rank and industry rank for Gul Ahmed Textile Mills's Net Margin % or its related term are showing as below:

KAR:GATM' s Net Margin % Range Over the Past 10 Years
Min: -1.12   Med: 3.59   Max: 8.08
Current: 2.33


KAR:GATM's Net Margin % is ranked worse than
51.87% of 1041 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58 vs KAR:GATM: 2.33

Gul Ahmed Textile Mills Net Margin % Historical Data

The historical data trend for Gul Ahmed Textile Mills'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.

Gul Ahmed Textile Mills Net Margin % Chart

Gul Ahmed Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 -1.12 5.78 8.08 3.53

Gul Ahmed Textile Mills 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 2.98 4.08 1.28 1.33 2.72

Competitive Comparison of Gul Ahmed Textile Mills's Net Margin %

For the Textile Manufacturing subindustry, Gul Ahmed Textile Mills'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.


Gul Ahmed Textile Mills's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gul Ahmed Textile Mills's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gul Ahmed Textile Mills's Net Margin % falls into.



Gul Ahmed Textile Mills 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.

Gul Ahmed Textile Mills's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=4897.485/138926.684
=3.53 %

Gul Ahmed Textile Mills'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 )
=1184.274/43611.209
=2.72 %

* 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.


Gul Ahmed Textile Mills  (KAR:GATM) 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.


Gul Ahmed Textile Mills Net Margin % Related Terms

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Gul Ahmed Textile Mills (KAR:GATM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120
Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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