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Somi Conveyor Beltings (BOM:533001) Net Margin % : 4.07% (As of Dec. 2023)


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What is Somi Conveyor Beltings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Somi Conveyor Beltings's Net Income for the three months ended in Dec. 2023 was ₹8 Mil. Somi Conveyor Beltings's Revenue for the three months ended in Dec. 2023 was ₹188 Mil. Therefore, Somi Conveyor Beltings's net margin for the quarter that ended in Dec. 2023 was 4.07%.

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

BOM:533001' s Net Margin % Range Over the Past 10 Years
Min: 0.64   Med: 3.74   Max: 5.72
Current: 4.54


BOM:533001's Net Margin % is ranked worse than
53.14% of 2975 companies
in the Industrial Products industry
Industry Median: 5.21 vs BOM:533001: 4.54

Somi Conveyor Beltings Net Margin % Historical Data

The historical data trend for Somi Conveyor Beltings'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.

Somi Conveyor Beltings Net Margin % Chart

Somi Conveyor Beltings 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 2.58 5.29 3.77 3.00 3.70

Somi Conveyor Beltings 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 2.09 5.11 3.65 4.60 4.07

Competitive Comparison of Somi Conveyor Beltings's Net Margin %

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.


Somi Conveyor Beltings's Net Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Somi Conveyor Beltings's Net Margin % falls into.



Somi Conveyor Beltings 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.

Somi Conveyor Beltings'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 )
=34.681/937.329
=3.70 %

Somi Conveyor Beltings'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 )
=7.625/187.555
=4.07 %

* 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.


Somi Conveyor Beltings  (BOM:533001) 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.


Somi Conveyor Beltings Net Margin % Related Terms

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Somi Conveyor Beltings (BOM:533001) Business Description

Traded in Other Exchanges
Address
New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003
Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

Somi Conveyor Beltings (BOM:533001) Headlines

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