Marvel Decor (NSE:MDL) Tax Rate % : 14.35% (As of Sep. 2023)

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What is Marvel Decor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marvel Decor's Tax Expense for the six months ended in Sep. 2023 was ₹2.5 Mil. Marvel Decor's Pre-Tax Income for the six months ended in Sep. 2023 was ₹17.2 Mil. Therefore, Marvel Decor's Tax Rate % for the quarter that ended in Sep. 2023 was 14.35%.

Marvel Decor Tax Rate % Historical Data

The historical data trend for Marvel Decor's Tax Rate % 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.

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Marvel Decor Tax Rate % Chart

Marvel Decor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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28.81

55.52

66.98

12.35

12.13

Marvel Decor Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial													22.95	8.97	14.32	10.71	14.35

Marvel Decor Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Marvel Decor's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	3.117	/	25.7
	=	12.13 %

Marvel Decor's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	2.475	/	17.242
	=	14.35 %

Marvel Decor Tax Rate % Related Terms

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Marvel Decor (NSE:MDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Marvel Decor Ltd (NSE:MDL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 210-211, GIDC Phase II, Dared, Jamnagar, GJ, IND, 361004

Website

https://www.marvellifestyle.com

Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.

Marvel Decor (NSE:MDL) Headlines

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