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Stovec Industries (BOM:504959) Net Margin % : 11.41% (As of Dec. 2023)


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What is Stovec Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Stovec Industries's Net Income for the three months ended in Dec. 2023 was ₹40 Mil. Stovec Industries's Revenue for the three months ended in Dec. 2023 was ₹351 Mil. Therefore, Stovec Industries's net margin for the quarter that ended in Dec. 2023 was 11.41%.

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

BOM:504959' s Net Margin % Range Over the Past 10 Years
Min: 4.9   Med: 13.19   Max: 21.61
Current: 4.9


BOM:504959's Net Margin % is ranked worse than
50.91% of 2968 companies
in the Industrial Products industry
Industry Median: 5.05 vs BOM:504959: 4.90

Stovec Industries Net Margin % Historical Data

The historical data trend for Stovec Industries'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.

Stovec Industries Net Margin % Chart

Stovec Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.60 9.91 14.27 11.88 4.90

Stovec Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.73 5.51 3.52 1.19 11.41

Competitive Comparison of Stovec Industries's Net Margin %

For the Specialty Industrial Machinery subindustry, Stovec Industries'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.


Stovec Industries's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stovec Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Stovec Industries's Net Margin % falls into.



Stovec Industries 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.

Stovec Industries's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=90.37/1843.81
=4.90 %

Stovec Industries'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 )
=40.06/350.99
=11.41 %

* 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.


Stovec Industries  (BOM:504959) 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.


Stovec Industries Net Margin % Related Terms

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Stovec Industries (BOM:504959) Business Description

Traded in Other Exchanges
N/A
Address
N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, GJ, IND, 382 405
Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in three verticals namely Textile Consumables and Textile Machinery, Graphics Product, and Galvanic. The textile consumables segment comprises perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components and spares, and digital ink. Graphics Products include anilox rollers, rotamesh screens, and rotaplate. The Galvanic segment consists of Galvano consumables. The Textile consumables segment is the most prominent segment for the firm contributing the majority of the total revenue primarily from India.

Stovec Industries (BOM:504959) Headlines

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