The Net Profit Margin is the amount of money left over after expending all operating and non operating costs. It is basically a profitability indicator that indicates how good the company’s pricing strategy is, how effectively the organisation can control expenses, and how efficiently it uses resources of the company to produce goods or services.
Here are the 3 stocks with Net Profit Margins of upto 50 percent.
Piramal Enterprises Limited
On November 13,2023, the shares of Piramal Enterprises Limited closed at Rs. 947.20 down 0.61 percent from its previous day close price of Rs. 953.05 and its market capitalization is Rs. 22,578 Crores.
Its revenue increased by 15.65 percent from Rs. 7,725 Crores in FY22 to Rs. 8,934.3 Crores in FY23, accompanied by increasing profits of Rs. 1,923.11 Crores to Rs. 9,968.58 Crores.
In FY23 it has reported a Net Profit margins of 110 percent which includes exceptional gains of 8,066 Crores. However if we exclude the exceptional gains it would be 50.05 percent.
In FY23 it has reported a return on equity (ROE) of 29.96 percent and a return on capital employed (ROCE) of 11.69 percent, it is making good returns on its equity and capital employed.
Piramal Enterprises Limited is one of India’s leading Non-banking financial companies (NBFC) with a network of 400 branches across 26 states/UT, offering a wide range of financial products and solutions across retail and wholesale lending, fund-based platforms and investments.
Nippon Life India Asset Management Limited
On November 13,2023, the shares of Nippon Life India Asset Management Limited closed at Rs. 402, up 0.075 percent from its previous day close price of Rs. 401.70 and its market capitalization is Rs. 25,132 Crores.
Its revenue increased by 3.31 percent from Rs. 1,306.63 Crores in FY22 to Rs. 1,349.82 Crores in FY23, accompanied by profits of Rs. 744.16 Crores to Rs. 723.33 Crores. In FY23 it has reported Net Profit Margins of 47.69 percent.
It has reported a return on equity (ROE) of 21.4 percent and a return on capital employed (ROCE) of 26.64 percent, it is making good returns on its equity and capital employed.
Nippon Life India Asset Management Limited is an asset management company engaged in managing mutual funds such as exchange traded funds (ETFs), managed accounts including portfolio management services, alternative investment funds, pension funds, offshore funds and advisory mandates.
Central Depository Services Limited
On November 13,2023, the shares of Central Depository Services Limited closed at Rs. 1,836.15, up 0.065 percent from its previous day close price of Rs. 1,834.95 and its market capitalization is Rs. 19,187 Crores.
Its revenue increased by 0.68 percent from Rs. 551.33 Crores in FY22 to Rs. 555.09 Crores in FY23, accompanied by profits of Rs. 311.18 Crores to Rs. 275.96 Crores. In FY23 it has reported Net Profit Margins of 44.44 percent
It has reported a return on equity (ROE) of 23.93 percent and a return on capital employed (ROCE) 31.67 percent, it is making good returns on its equity and capital employed.
CDSL also known as Central Depository Services Limited is the largest depository in India that provides depository services, data processing services and others. CDSL has an incremental market share of approximately 78 percent.
Written by: Bharath K.S
