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Simplex Castings (BOM:513472) Net Margin % : 4.00% (As of Mar. 2024)


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What is Simplex Castings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Simplex Castings's Net Income for the three months ended in Mar. 2024 was ₹13 Mil. Simplex Castings's Revenue for the three months ended in Mar. 2024 was ₹315 Mil. Therefore, Simplex Castings's net margin for the quarter that ended in Mar. 2024 was 4.00%.

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

BOM:513472' s Net Margin % Range Over the Past 10 Years
Min: -52.56   Med: 1.13   Max: 2.27
Current: 1.96


BOM:513472's Net Margin % is ranked worse than
68.1% of 2962 companies
in the Industrial Products industry
Industry Median: 5.205 vs BOM:513472: 1.96

Simplex Castings Net Margin % Historical Data

The historical data trend for Simplex Castings'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.

Simplex Castings Net Margin % Chart

Simplex Castings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.56 1.25 1.66 -14.57 1.96

Simplex Castings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.45 1.27 0.81 1.63 4.00

Competitive Comparison of Simplex Castings's Net Margin %

For the Metal Fabrication subindustry, Simplex Castings'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.


Simplex Castings's Net Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Simplex Castings's Net Margin % falls into.



Simplex Castings 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.

Simplex Castings's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=23.92/1221.305
=1.96 %

Simplex Castings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=12.593/314.715
=4.00 %

* 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.


Simplex Castings  (BOM:513472) 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.


Simplex Castings Net Margin % Related Terms

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Simplex Castings (BOM:513472) Business Description

Traded in Other Exchanges
N/A
Address
G.E. Road, Plot No. 32, Shivnath Complex, Supela, Durg District, Bhilai, CT, IND, 490023
Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.

Simplex Castings (BOM:513472) Headlines

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