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Niks Technology (BOM:543282) Pretax Margin % : 23.53% (As of Sep. 2023)


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What is Niks Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Niks Technology's Pre-Tax Income for the six months ended in Sep. 2023 was ₹4.43 Mil. Niks Technology's Revenue for the six months ended in Sep. 2023 was ₹18.82 Mil. Therefore, Niks Technology's pretax margin for the quarter that ended in Sep. 2023 was 23.53%.

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

BOM:543282' s Pretax Margin % Range Over the Past 10 Years
Min: -4.45   Med: 9.65   Max: 64.62
Current: 22.42


BOM:543282's Pretax Margin % is ranked better than
89.81% of 2767 companies
in the Software industry
Industry Median: 2.34 vs BOM:543282: 22.42

Niks Technology Pretax Margin % Historical Data

The historical data trend for Niks Technology'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.

Niks Technology Pretax Margin % Chart

Niks Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial -1.21 57.27 64.62 2.14 17.15

Niks Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 -1.25 9.22 20.93 23.53

Competitive Comparison of Niks Technology's Pretax Margin %

For the Information Technology Services subindustry, Niks Technology'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.


Niks Technology's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Niks Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Niks Technology's Pretax Margin % falls into.



Niks Technology 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.

Niks Technology's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=3.548/20.691
=17.15 %

Niks Technology's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=4.429/18.824
=23.53 %

* 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.


Niks Technology  (BOM:543282) 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.


Niks Technology Pretax Margin % Related Terms

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Niks Technology (BOM:543282) Business Description

Traded in Other Exchanges
N/A
Address
Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

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