GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JTL Industries Ltd (BOM:534600) » Definitions » Pretax Margin %

JTL Industries (BOM:534600) Pretax Margin % : 8.19% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is JTL Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JTL Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹382 Mil. JTL Industries's Revenue for the three months ended in Mar. 2024 was ₹4,659 Mil. Therefore, JTL Industries's pretax margin for the quarter that ended in Mar. 2024 was 8.19%.

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

BOM:534600' s Pretax Margin % Range Over the Past 10 Years
Min: 1.05   Med: 6.16   Max: 7.91
Current: 7.58


BOM:534600's Pretax Margin % is ranked better than
70.62% of 599 companies
in the Steel industry
Industry Median: 3.54 vs BOM:534600: 7.58

JTL Industries Pretax Margin % Historical Data

The historical data trend for JTL Industries'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.

JTL Industries Pretax Margin % Chart

JTL Industries 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 5.93 6.23 6.08 7.91 7.36

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 8.08 10.65 7.53 7.11 8.19

Competitive Comparison of JTL Industries's Pretax Margin %

For the Steel subindustry, JTL Industries'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.


JTL Industries's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where JTL Industries's Pretax Margin % falls into.



JTL Industries 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.

JTL Industries'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 )
=1502.081/20402.289
=7.36 %

JTL Industries'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 )
=381.636/4659.398
=8.19 %

* 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.


JTL Industries  (BOM:534600) 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.


JTL Industries Pretax Margin % Related Terms

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


JTL Industries (BOM:534600) Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

No Headlines