Forbes Profit margin
What is the Profit margin of Forbes?
The Profit margin of Forbes & Company Limited is -11.78%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Industrials sector on BSE compared to Forbes
What does Forbes do?
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.
Companies with profit margin similar to Forbes
- Cinda International has Profit margin of -11.84%
- Easun Reyrolle has Profit margin of -11.83%
- Easun Reyrolle has Profit margin of -11.83%
- Birmingham Sports has Profit margin of -11.82%
- D&G Technology has Profit margin of -11.81%
- Pitney Bowes has Profit margin of -11.81%
- Forbes has Profit margin of -11.78%
- Exela Technologies Inc has Profit margin of -11.76%
- JBF Industries has Profit margin of -11.74%
- Nfon Ag has Profit margin of -11.74%
- Sing Lee Software () has Profit margin of -11.74%
- China Travel International Investment Hong Kong has Profit margin of -11.73%
- Hecla Mining Co has Profit margin of -11.69%