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Innovative Tech Pack (BOM:523840) Net Margin % : -1.99% (As of Dec. 2023)


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What is Innovative Tech Pack Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Innovative Tech Pack's Net Income for the three months ended in Dec. 2023 was ₹-6 Mil. Innovative Tech Pack's Revenue for the three months ended in Dec. 2023 was ₹327 Mil. Therefore, Innovative Tech Pack's net margin for the quarter that ended in Dec. 2023 was -1.99%.

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

BOM:523840' s Net Margin % Range Over the Past 10 Years
Min: -4.71   Med: 1.65   Max: 9.25
Current: 1.3


BOM:523840's Net Margin % is ranked worse than
68.32% of 382 companies
in the Packaging & Containers industry
Industry Median: 3.935 vs BOM:523840: 1.30

Innovative Tech Pack Net Margin % Historical Data

The historical data trend for Innovative Tech Pack'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.

Innovative Tech Pack Net Margin % Chart

Innovative Tech Pack 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 1.92 1.34 -1.58 -4.71 -0.90

Innovative Tech Pack 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 -2.79 0.70 2.61 3.49 -1.99

Competitive Comparison of Innovative Tech Pack's Net Margin %

For the Packaging & Containers subindustry, Innovative Tech Pack'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.


Innovative Tech Pack's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Net Margin % distribution charts can be found below:

* The bar in red indicates where Innovative Tech Pack's Net Margin % falls into.



Innovative Tech Pack 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.

Innovative Tech Pack'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 )
=-14.31/1583.642
=-0.90 %

Innovative Tech Pack'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 )
=-6.498/326.801
=-1.99 %

* 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.


Innovative Tech Pack  (BOM:523840) 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.


Innovative Tech Pack Net Margin % Related Terms

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Innovative Tech Pack (BOM:523840) Business Description

Traded in Other Exchanges
N/A
Address
803-805, 8th Floor, Tower-2, Plot No -22, Sector-135, Assotech Business Cresterra, Noida, UP, IND, 201301
Innovative Tech Pack Ltd operates in the plastic packaging industry. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.

Innovative Tech Pack (BOM:523840) Headlines

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