GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Housing Development Finance Corp Ltd (BOM:500010) » Definitions » Pretax Margin %

Housing Development Finance (BOM:500010) Pretax Margin % : 27.33% (As of Mar. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Housing Development Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Housing Development Finance's Pre-Tax Income for the three months ended in Mar. 2023 was ₹93,048 Mil. Housing Development Finance's Revenue for the three months ended in Mar. 2023 was ₹340,449 Mil. Therefore, Housing Development Finance's pretax margin for the quarter that ended in Mar. 2023 was 27.33%.

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

BOM:500010' s Pretax Margin % Range Over the Past 10 Years
Min: 22.06   Med: 38.56   Max: 54.3
Current: 27.7


BOM:500010's Pretax Margin % is not ranked
in the Banks industry.
Industry Median: 32.77 vs BOM:500010: 27.70

Housing Development Finance Pretax Margin % Historical Data

The historical data trend for Housing Development Finance'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.

Housing Development Finance Pretax Margin % Chart

Housing Development Finance 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 33.31 43.81 22.06 26.03 27.70

Housing Development Finance Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 28.85 42.20 23.38 25.76 27.33

Competitive Comparison of Housing Development Finance's Pretax Margin %

For the Mortgage Finance subindustry, Housing Development Finance'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.


Housing Development Finance's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Housing Development Finance's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Housing Development Finance's Pretax Margin % falls into.



Housing Development Finance 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.

Housing Development Finance'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 )
=321305.5/1160070.9
=27.70 %

Housing Development Finance's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=93047.6/340449.4
=27.33 %

* 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.


Housing Development Finance  (BOM:500010) 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.


Housing Development Finance Pretax Margin % Related Terms

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


Housing Development Finance (BOM:500010) Business Description

Traded in Other Exchanges
N/A
Address
HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

No Headlines