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LIC Housing Finance (NSE:LICHSGFIN) Net Margin % : 54.75% (As of Dec. 2023)


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What is LIC Housing Finance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. LIC Housing Finance's Net Income for the three months ended in Dec. 2023 was ₹11,665 Mil. LIC Housing Finance's Revenue for the three months ended in Dec. 2023 was ₹21,308 Mil. Therefore, LIC Housing Finance's net margin for the quarter that ended in Dec. 2023 was 54.75%.

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

NSE:LICHSGFIN' s Net Margin % Range Over the Past 10 Years
Min: 40.27   Med: 53.44   Max: 64.65
Current: 57.33


NSE:LICHSGFIN's Net Margin % is ranked better than
96.98% of 1457 companies
in the Banks industry
Industry Median: 25.32 vs NSE:LICHSGFIN: 57.33

LIC Housing Finance Net Margin % Historical Data

The historical data trend for LIC Housing Finance'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.

LIC Housing Finance Net Margin % Chart

LIC Housing Finance 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 54.11 49.38 51.92 40.27 45.19

LIC Housing Finance 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 28.72 59.92 58.88 55.87 54.75

Competitive Comparison of LIC Housing Finance's Net Margin %

For the Mortgage Finance subindustry, LIC Housing Finance'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.


LIC Housing Finance's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LIC Housing Finance's Net Margin % distribution charts can be found below:

* The bar in red indicates where LIC Housing Finance's Net Margin % falls into.



LIC Housing Finance 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.

LIC Housing Finance'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 )
=28907.7/63975.5
=45.19 %

LIC Housing Finance'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 )
=11665.2/21307.5
=54.75 %

* 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.


LIC Housing Finance  (NSE:LICHSGFIN) 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.


LIC Housing Finance Net Margin % Related Terms

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LIC Housing Finance (NSE:LICHSGFIN) Business Description

Traded in Other Exchanges
Address
131 Maker Tower, F Premises, 13th Floor, Cuffe Parade, Mumbai, MH, IND, 400 005
LIC Housing Finance Ltd is a housing finance company that provides loans, primarily in India. Its main objective is to provide long-term finance to individuals for residential purchases or construction. LIC Housing provides a wide range of loan products to individuals and also provides commercial financing for corporations and building developers. These activities include senior housing, marketing of financial services, and investment management.

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