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Morganite Crucible (India) (BOM:523160) Net Income : ₹248 Mil (TTM As of Dec. 2023)


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What is Morganite Crucible (India) Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Morganite Crucible (India)'s Net Income for the three months ended in Dec. 2023 was ₹67 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹248 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Morganite Crucible (India)'s Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹11.91.


Morganite Crucible (India) Net Income Historical Data

The historical data trend for Morganite Crucible (India)'s Net Income 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.

Morganite Crucible (India) Net Income Chart

Morganite Crucible (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.68 131.17 -9.35 433.93 161.19

Morganite Crucible (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 58.97 19.86 78.04 83.14 66.71

Morganite Crucible (India) Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Morganite Crucible (India)'s Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=223.215+-62.02+0+-0.0010000000000048
=161

Morganite Crucible (India)'s Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=91.575+-24.867+0+0
=67

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹248 Mil.

* 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.


Morganite Crucible (India)  (BOM:523160) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Morganite Crucible (India)'s Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

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.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Morganite Crucible (India) Net Income Related Terms

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Morganite Crucible (India) (BOM:523160) Business Description

Traded in Other Exchanges
N/A
Address
B-11, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Morganite Crucible (India) Ltd is engaged in the business of manufacturing and selling high-functioning Crucibles, Foundry consumables, and Allied refractory products. Its product portfolio encompasses a range of crucibles and foundry products which are offered in distinct shapes and sizes. Some of its products are Syncarb Z2e2, Suprex, Nozzle, Blue Lightning Thermocouple Sheaths, Tubes and plunger mix, Salamander and others. The company does its sales via geographical segments that include India, Asia and the Far East, Europe, Africa, the Middle East, North America, and Others. The majority of its revenue is derived from India.

Morganite Crucible (India) (BOM:523160) Headlines

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