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Garware Technical Fibres (NSE:GARFIBRES) Pretax Margin % : 19.01% (As of Dec. 2023)


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What is Garware Technical Fibres Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Garware Technical Fibres's Pre-Tax Income for the three months ended in Dec. 2023 was ₹550 Mil. Garware Technical Fibres's Revenue for the three months ended in Dec. 2023 was ₹2,894 Mil. Therefore, Garware Technical Fibres's pretax margin for the quarter that ended in Dec. 2023 was 19.01%.

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

NSE:GARFIBRES' s Pretax Margin % Range Over the Past 10 Years
Min: 5.73   Med: 17.3   Max: 20.34
Current: 19.87


NSE:GARFIBRES's Pretax Margin % is ranked better than
90.12% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.43 vs NSE:GARFIBRES: 19.87

Garware Technical Fibres Pretax Margin % Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Pretax Margin % Chart

Garware Technical Fibres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 18.92 20.34 18.39 17.25

Garware Technical Fibres Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.97 21.89 17.53 20.75 19.01

Competitive Comparison of Garware Technical Fibres's Pretax Margin %

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Garware Technical Fibres's Pretax Margin % falls into.



Garware Technical Fibres 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.

Garware Technical Fibres'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 )
=2231.783/12934.822
=17.25 %

Garware Technical Fibres's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=550.137/2893.73
=19.01 %

* 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.


Garware Technical Fibres  (NSE:GARFIBRES) 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.


Garware Technical Fibres Pretax Margin % Related Terms

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Garware Technical Fibres (NSE:GARFIBRES) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

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