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Strides Pharma Science (NSE:STAR) Net Margin % : 1.68% (As of Mar. 2024)


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What is Strides Pharma Science Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Strides Pharma Science's Net Income for the three months ended in Mar. 2024 was ₹182 Mil. Strides Pharma Science's Revenue for the three months ended in Mar. 2024 was ₹10,840 Mil. Therefore, Strides Pharma Science's net margin for the quarter that ended in Mar. 2024 was 1.68%.

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

NSE:STAR' s Net Margin % Range Over the Past 10 Years
Min: -15.23   Med: 6.1   Max: 74.68
Current: -1.74


NSE:STAR's Net Margin % is ranked worse than
61.59% of 1018 companies
in the Drug Manufacturers industry
Industry Median: 3.18 vs NSE:STAR: -1.74

Strides Pharma Science Net Margin % Historical Data

The historical data trend for Strides Pharma Science'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.

Strides Pharma Science Net Margin % Chart

Strides Pharma Science 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 1.37 8.26 -15.23 -5.49 -1.74

Strides Pharma Science Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.97 -0.76 -13.14 4.79 1.68

Competitive Comparison of Strides Pharma Science's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Strides Pharma Science'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.


Strides Pharma Science's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Strides Pharma Science's Net Margin % distribution charts can be found below:

* The bar in red indicates where Strides Pharma Science's Net Margin % falls into.



Strides Pharma Science 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.

Strides Pharma Science'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 )
=-706.14/40511.24
=-1.74 %

Strides Pharma Science'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 )
=181.75/10840.35
=1.68 %

* 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.


Strides Pharma Science  (NSE:STAR) 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.


Strides Pharma Science Net Margin % Related Terms

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Strides Pharma Science (NSE:STAR) Business Description

Traded in Other Exchanges
Address
Strides House, Bannerghatta Road, Bilekahalli, Bengaluru, KA, IND, 560 076
Strides Pharma Science Ltd is a specialty and generic drug manufacturer. The company focuses on developing niche and complex pharmaceutical products across therapeutic segments for regulated and emerging markets. Strides' emerging-market strategy focuses on branded generics for the treatment of chronic therapies. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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