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Goldkart Jewels (NSE:GOLDKART) Net Margin % : 0.77% (As of Mar. 2023)


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What is Goldkart Jewels Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Goldkart Jewels's Net Income for the six months ended in Mar. 2023 was ₹2.4 Mil. Goldkart Jewels's Revenue for the six months ended in Mar. 2023 was ₹312.9 Mil. Therefore, Goldkart Jewels's net margin for the quarter that ended in Mar. 2023 was 0.77%.

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

NSE:GOLDKART' s Net Margin % Range Over the Past 10 Years
Min: 0.09   Med: 0.21   Max: 2.59
Current: 2.59


NSE:GOLDKART's Net Margin % is ranked better than
53.38% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 2.14 vs NSE:GOLDKART: 2.59

Goldkart Jewels Net Margin % Historical Data

The historical data trend for Goldkart Jewels'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.

Goldkart Jewels Net Margin % Chart

Goldkart Jewels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial 0.54 0.09 0.21 0.12 2.59

Goldkart Jewels Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.20 0.25 0.04 4.68 0.77

Competitive Comparison of Goldkart Jewels's Net Margin %

For the Luxury Goods subindustry, Goldkart Jewels'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.


Goldkart Jewels's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldkart Jewels's Net Margin % distribution charts can be found below:

* The bar in red indicates where Goldkart Jewels's Net Margin % falls into.



Goldkart Jewels 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.

Goldkart Jewels'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 )
=15.099/583.994
=2.59 %

Goldkart Jewels's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin=Net Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=2.416/312.909
=0.77 %

* 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.


Goldkart Jewels  (NSE:GOLDKART) 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.


Goldkart Jewels Net Margin % Related Terms

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Goldkart Jewels (NSE:GOLDKART) Business Description

Traded in Other Exchanges
N/A
Address
Mansi Cross Road, 7, Millenium Plaza, Opposite Swaminarayan Mandir, Vastrapur, Ahmedabad, GJ, IND, 380015
Goldkart Jewels Ltd is engaged in the trading business of jewellery and ornaments. It offers gold Jewellery, diamond and platinum jewels and a variety of ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Finger Rings, Bracelets, and various other items.

Goldkart Jewels (NSE:GOLDKART) Headlines

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