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Cigniti Technologies (BOM:534758) Net Margin % : 5.96% (As of Mar. 2024)


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What is Cigniti Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cigniti Technologies's Net Income for the three months ended in Mar. 2024 was ₹271 Mil. Cigniti Technologies's Revenue for the three months ended in Mar. 2024 was ₹4,556 Mil. Therefore, Cigniti Technologies's net margin for the quarter that ended in Mar. 2024 was 5.96%.

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

BOM:534758' s Net Margin % Range Over the Past 10 Years
Min: -63.76   Med: 8.74   Max: 17.78
Current: 8.8


BOM:534758's Net Margin % is ranked better than
74.33% of 2770 companies
in the Software industry
Industry Median: 1.725 vs BOM:534758: 8.80

Cigniti Technologies Net Margin % Historical Data

The historical data trend for Cigniti Technologies'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.

Cigniti Technologies Net Margin % Chart

Cigniti Technologies 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 13.95 11.75 7.39 10.22 9.12

Cigniti Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 10.88 11.59 10.15 10.26 5.96

Competitive Comparison of Cigniti Technologies's Net Margin %

For the Information Technology Services subindustry, Cigniti Technologies'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.


Cigniti Technologies's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Cigniti Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cigniti Technologies's Net Margin % falls into.



Cigniti Technologies 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.

Cigniti Technologies'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 )
=1655.92/18150.133
=9.12 %

Cigniti Technologies'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 )
=271.355/4556.41
=5.96 %

* 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.


Cigniti Technologies  (BOM:534758) 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.


Cigniti Technologies Net Margin % Related Terms

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Cigniti Technologies (BOM:534758) Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Punjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing amongst others.

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