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Kiri Industries (BOM:532967) Net Margin % : 57.78% (As of Dec. 2023)


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What is Kiri Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kiri Industries's Net Income for the three months ended in Dec. 2023 was ₹1,264 Mil. Kiri Industries's Revenue for the three months ended in Dec. 2023 was ₹2,187 Mil. Therefore, Kiri Industries's net margin for the quarter that ended in Dec. 2023 was 57.78%.

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

BOM:532967' s Net Margin % Range Over the Past 10 Years
Min: 1.43   Med: 21.67   Max: 32.51
Current: 9.32


BOM:532967's Net Margin % is ranked better than
73.81% of 1531 companies
in the Chemicals industry
Industry Median: 4.12 vs BOM:532967: 9.32

Kiri Industries Net Margin % Historical Data

The historical data trend for Kiri 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.

Kiri Industries Net Margin % Chart

Kiri Industries 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 12.12 29.62 26.80 26.39 11.64

Kiri 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 26.49 -31.78 -1.12 8.15 57.78

Competitive Comparison of Kiri Industries's Net Margin %

For the Specialty Chemicals subindustry, Kiri 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.


Kiri Industries's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kiri Industries's Net Margin % distribution charts can be found below:

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



Kiri 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.

Kiri Industries'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 )
=1066.448/9161.503
=11.64 %

Kiri 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 )
=1263.706/2187.283
=57.78 %

* 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.


Kiri Industries  (BOM:532967) 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.


Kiri Industries Net Margin % Related Terms

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Kiri Industries (BOM:532967) Business Description

Traded in Other Exchanges
Address
Hasubhai Chambers, 7th Floor, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Kiri Industries Ltd is a company, which manufactures and exports a wide range of dyes, intermediates, and chemicals. It provides products and services across the whole value chain in numerous industrial sectors such as apparel, hosiery, automotive, carpets, leather, home upholstery, industrial fabrics, and others. Its dye products include reactive dyes, acid, and direct dyes. The intermediates section includes sulpho j.acid, sulpho tobias acid, pntosa, and sulpho gama acid. Kiri has a business presence in both the Indian and international markets, of which the majority of the revenue is generated from India.

Kiri Industries (BOM:532967) Headlines

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