GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bimetal Bearings Ltd (BOM:505681) » Definitions » Net Margin %

Bimetal Bearings (BOM:505681) Net Margin % : 1.35% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Bimetal Bearings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bimetal Bearings's Net Income for the three months ended in Dec. 2023 was ₹7 Mil. Bimetal Bearings's Revenue for the three months ended in Dec. 2023 was ₹550 Mil. Therefore, Bimetal Bearings's net margin for the quarter that ended in Dec. 2023 was 1.35%.

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

BOM:505681' s Net Margin % Range Over the Past 10 Years
Min: 0.75   Med: 2.98   Max: 5.76
Current: 3.46


BOM:505681's Net Margin % is ranked better than
51.17% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 3.355 vs BOM:505681: 3.46

Bimetal Bearings Net Margin % Historical Data

The historical data trend for Bimetal Bearings'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.

Bimetal Bearings Net Margin % Chart

Bimetal Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.74 0.75 2.52 2.38 5.07

Bimetal Bearings 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 5.34 3.02 6.18 3.08 1.35

Competitive Comparison of Bimetal Bearings's Net Margin %

For the Auto Parts subindustry, Bimetal Bearings'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.


Bimetal Bearings's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bimetal Bearings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bimetal Bearings's Net Margin % falls into.



Bimetal Bearings 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.

Bimetal Bearings'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 )
=111.357/2195.316
=5.07 %

Bimetal Bearings'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 )
=7.426/550.295
=1.35 %

* 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.


Bimetal Bearings  (BOM:505681) 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.


Bimetal Bearings Net Margin % Related Terms

Thank you for viewing the detailed overview of Bimetal Bearings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bimetal Bearings (BOM:505681) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Race Course Road, Coimbatore, TN, IND, 641018
Bimetal Bearings Ltd is engaged in manufacturing of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company has manufacturing plants in Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam) in India. It has only one segment. Bimetal Bearings manufactures a range of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company's traded products include thin-walled bearings and bushings (main and conrod). Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloys (leaded and lead-free); connecting rod bearings; main bearings, and roll formed flange bearings.

Bimetal Bearings (BOM:505681) Headlines

No Headlines