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Shree Steelwire Ropes (BOM:513488) Profitability Rank : 6 (As of Mar. 2024)


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What is Shree Steelwire Ropes Profitability Rank?

Shree Steelwire Ropes has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Shree Steelwire Ropes's Operating Margin % for the quarter that ended in Mar. 2024 was -1.61%. As of today, Shree Steelwire Ropes's Piotroski F-Score is 4.


Competitive Comparison of Shree Steelwire Ropes's Profitability Rank

For the Steel subindustry, Shree Steelwire Ropes's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Shree Steelwire Ropes's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shree Steelwire Ropes's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shree Steelwire Ropes's Profitability Rank falls into.



Shree Steelwire Ropes Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Shree Steelwire Ropes has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Shree Steelwire Ropes's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0.53 / 32.913
=-1.61 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Shree Steelwire Ropes has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Shree Steelwire Ropes Profitability Rank Related Terms

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Shree Steelwire Ropes (BOM:513488) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 10, 19th Road, 503, 504, 505, 5th Floor, Shiv Ashish Commercial Complex, Chembur, Mumbai, MH, IND, 400 071
Shree Steelwire Ropes Ltd is an Indian company is engaged in the manufacturing and supply of steel Wire Rope, Wire Rope Allied Products, and Railway OHE products. It is used in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Constructions, Aerial Application, Deep Sea Exploration, and other industries. It operates in one single primary business segment which is Steel Wire Ropes Manufacturing.

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