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Ice Make Refrigeration (NSE:ICEMAKE) Net Margin % : 2.51% (As of Dec. 2023)


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What is Ice Make Refrigeration Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ice Make Refrigeration's Net Income for the three months ended in Dec. 2023 was ₹21 Mil. Ice Make Refrigeration's Revenue for the three months ended in Dec. 2023 was ₹824 Mil. Therefore, Ice Make Refrigeration's net margin for the quarter that ended in Dec. 2023 was 2.51%.

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

NSE:ICEMAKE' s Net Margin % Range Over the Past 10 Years
Min: 1.85   Med: 3.68   Max: 6.66
Current: 5.85


NSE:ICEMAKE's Net Margin % is ranked better than
54.08% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs NSE:ICEMAKE: 5.85

Ice Make Refrigeration Net Margin % Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration Net Margin % Chart

Ice Make Refrigeration 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 5.68 3.67 2.68 3.55 6.66

Ice Make Refrigeration Quarterly Data
Sep18 Mar19 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 6.65 7.61 6.77 5.88 2.51

Competitive Comparison of Ice Make Refrigeration's Net Margin %

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.


Ice Make Refrigeration's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ice Make Refrigeration's Net Margin % falls into.



Ice Make Refrigeration 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.

Ice Make Refrigeration'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 )
=208.012/3121.13
=6.66 %

Ice Make Refrigeration'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 )
=20.667/824.27
=2.51 %

* 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.


Ice Make Refrigeration  (NSE:ICEMAKE) 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.


Ice Make Refrigeration Net Margin % Related Terms

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Ice Make Refrigeration (NSE:ICEMAKE) Business Description

Traded in Other Exchanges
N/A
Address
226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

Ice Make Refrigeration (NSE:ICEMAKE) Headlines

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