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Aakash Exploration Services (NSE:AAKASH) Net Margin % : 11.35% (As of Mar. 2024)


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What is Aakash Exploration Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Aakash Exploration Services's Net Income for the three months ended in Mar. 2024 was ₹35.1 Mil. Aakash Exploration Services's Revenue for the three months ended in Mar. 2024 was ₹308.9 Mil. Therefore, Aakash Exploration Services's net margin for the quarter that ended in Mar. 2024 was 11.35%.

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

NSE:AAKASH' s Net Margin % Range Over the Past 10 Years
Min: 1.78   Med: 6.06   Max: 7.96
Current: 6.73


NSE:AAKASH's Net Margin % is ranked better than
52.25% of 978 companies
in the Oil & Gas industry
Industry Median: 3.85 vs NSE:AAKASH: 6.73

Aakash Exploration Services Net Margin % Historical Data

The historical data trend for Aakash Exploration Services'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.

Aakash Exploration Services Net Margin % Chart

Aakash Exploration Services 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 7.18 6.92 7.96 4.90 6.73

Aakash Exploration Services Quarterly Data
Mar19 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 5.36 5.66 5.92 1.87 11.35

Competitive Comparison of Aakash Exploration Services's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Aakash Exploration Services'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.


Aakash Exploration Services's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aakash Exploration Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Aakash Exploration Services's Net Margin % falls into.



Aakash Exploration Services 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.

Aakash Exploration Services'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 )
=62.036/922.326
=6.73 %

Aakash Exploration Services'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 )
=35.05/308.922
=11.35 %

* 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.


Aakash Exploration Services  (NSE:AAKASH) 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.


Aakash Exploration Services Net Margin % Related Terms

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Aakash Exploration Services (NSE:AAKASH) Business Description

Traded in Other Exchanges
N/A
Address
424-426, 4th Floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, Ahmedabad, GJ, IND, 380005
Aakash Exploration Services Ltd provides oil and gas field services in India. It offers mobile work over rigs, hot oil circulation units, air compressors, mobile steaming units, mobile pumping units, cranes, manpower services, SRP unit supply and maintenance, and other related services. The company derives revenue from the sale of services.

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