GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rishi Techtex Ltd (BOM:523021) » Definitions » Pretax Margin %

Rishi Techtex (BOM:523021) Pretax Margin % : 3.31% (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Rishi Techtex Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rishi Techtex's Pre-Tax Income for the three months ended in Mar. 2024 was ₹10 Mil. Rishi Techtex's Revenue for the three months ended in Mar. 2024 was ₹298 Mil. Therefore, Rishi Techtex's pretax margin for the quarter that ended in Mar. 2024 was 3.31%.

The historical rank and industry rank for Rishi Techtex's Pretax Margin % or its related term are showing as below:

BOM:523021' s Pretax Margin % Range Over the Past 10 Years
Min: 0.74   Med: 2.92   Max: 4.89
Current: 1.61


BOM:523021's Pretax Margin % is ranked worse than
68.77% of 381 companies
in the Packaging & Containers industry
Industry Median: 5.23 vs BOM:523021: 1.61

Rishi Techtex Pretax Margin % Historical Data

The historical data trend for Rishi Techtex's Pretax 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.

Rishi Techtex Pretax Margin % Chart

Rishi Techtex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 0.74 2.08 1.17 2.03

Rishi Techtex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 1.72 2.17 1.19 1.38 3.31

Competitive Comparison of Rishi Techtex's Pretax Margin %

For the Packaging & Containers subindustry, Rishi Techtex's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Rishi Techtex's Pretax Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Rishi Techtex's Pretax Margin % falls into.



Rishi Techtex Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Rishi Techtex's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=22.66/1117.357
=2.03 %

Rishi Techtex's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=9.854/297.622
=3.31 %

* 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.


Rishi Techtex  (BOM:523021) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Rishi Techtex Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Rishi Techtex's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

Rishi Techtex (BOM:523021) Headlines

No Headlines