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GIC Housing Finance (BOM:511676) Net Margin % : 13.72% (As of Dec. 2023)


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What is GIC Housing Finance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GIC Housing Finance's Net Income for the three months ended in Dec. 2023 was ₹357 Mil. GIC Housing Finance's Revenue for the three months ended in Dec. 2023 was ₹2,598 Mil. Therefore, GIC Housing Finance's net margin for the quarter that ended in Dec. 2023 was 13.72%.

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

BOM:511676' s Net Margin % Range Over the Past 10 Years
Min: 3.66   Med: 14.51   Max: 19.65
Current: 14.32


BOM:511676's Net Margin % is ranked worse than
78.94% of 1458 companies
in the Banks industry
Industry Median: 25.11 vs BOM:511676: 14.32

GIC Housing Finance Net Margin % Historical Data

The historical data trend for GIC Housing Finance'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.

GIC Housing Finance Net Margin % Chart

GIC Housing Finance 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 14.03 3.66 8.66 15.25 19.65

GIC Housing Finance 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 23.48 20.27 11.97 11.46 13.72

Competitive Comparison of GIC Housing Finance's Net Margin %

For the Mortgage Finance subindustry, GIC Housing Finance'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.


GIC Housing Finance's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GIC Housing Finance's Net Margin % distribution charts can be found below:

* The bar in red indicates where GIC Housing Finance's Net Margin % falls into.



GIC Housing Finance 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.

GIC Housing Finance'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 )
=2132.5/10851.7
=19.65 %

GIC Housing Finance'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 )
=356.5/2598.4
=13.72 %

* 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.


GIC Housing Finance  (BOM:511676) 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.


GIC Housing Finance Net Margin % Related Terms

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GIC Housing Finance (BOM:511676) Business Description

Traded in Other Exchanges
Address
14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020
GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

GIC Housing Finance (BOM:511676) Headlines

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