Marine Electricals (India) (NSE:MARINE) Net Margin % : 3.39% (As of Dec. 2023)

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What is Marine Electricals (India) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Marine Electricals (India)'s Net Income for the three months ended in Dec. 2023 was ₹50 Mil. Marine Electricals (India)'s Revenue for the three months ended in Dec. 2023 was ₹1,466 Mil. Therefore, Marine Electricals (India)'s net margin for the quarter that ended in Dec. 2023 was 3.39%.

The historical rank and industry rank for Marine Electricals (India)'s Net Margin % or its related term are showing as below:

NSE:MARINE' s Net Margin % Range Over the Past 10 Years
Min: 2.14 Med: 3.73 Max: 6.33
Current: 3.29

NSE:MARINE's Net Margin % is ranked worse than
62.69% of 965 companies
in the Transportation industry
Industry Median: 5.39 vs NSE:MARINE: 3.29

Marine Electricals (India) Net Margin % Historical Data

The historical data trend for Marine Electricals (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.

Marine Electricals (India) Net Margin % Chart

Marine Electricals (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

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2.30

2.14

5.13

3.45

3.84

Marine Electricals (India) Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															5.76	2.89	3.54	3.41	3.39

Competitive Comparison of Marine Electricals (India)'s Net Margin %

For the Marine Shipping subindustry, Marine Electricals (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.

Marine Electricals (India)'s Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marine Electricals (India)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Marine Electricals (India)'s Net Margin % falls into.

Marine Electricals (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.

Marine Electricals (India)'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 )
	=	169.954	/	4428.544
	=	3.84 %

Marine Electricals (India)'s Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	49.756	/	1466.464
	=	3.39 %

Marine Electricals (India) (NSE:MARINE) 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.

Marine Electricals (India) Net Margin % Related Terms

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Marine Electricals (India) (NSE:MARINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marine Electricals (India) Ltd (NSE:MARINE) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

B/1, Udyog Sadan No. 3, MIDC, Marol Industrial Area, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.marineelectricals.com

Marine Electricals (India) Ltd is an integrated technical service provider. It offers services in the fields of electrical automation and information and communication technology solutions in diversified areas like Ship Building and Ship repair for Navy and Commercial Vessels/ Industries and Buildings / Renewables EPC. It also develops, designs, manufactures, and markets marine and industrial electrical and electronic switch gears, control gears, and electrical and electronic components including renewable energy. The firm is organized into two segments: Electricals and Electronics and Solar out of which the Electricals and Electronics segment accounts for the majority of revenue.

Marine Electricals (India) (NSE:MARINE) Headlines

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