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Finolex Cables (BOM:500144) Pretax Margin % : 17.81% (As of Mar. 2024)


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What is Finolex Cables Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Finolex Cables's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,496 Mil. Finolex Cables's Revenue for the three months ended in Mar. 2024 was ₹14,010 Mil. Therefore, Finolex Cables's pretax margin for the quarter that ended in Mar. 2024 was 17.81%.

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

BOM:500144' s Pretax Margin % Range Over the Past 10 Years
Min: 10.83   Med: 18.93   Max: 23.18
Current: 17.23


BOM:500144's Pretax Margin % is ranked better than
85.98% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs BOM:500144: 17.23

Finolex Cables Pretax Margin % Historical Data

The historical data trend for Finolex Cables'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.

Finolex Cables Pretax Margin % Chart

Finolex Cables 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 18.03 23.18 21.27 14.49 17.23

Finolex Cables Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 18.60 17.44 17.39 16.19 17.81

Competitive Comparison of Finolex Cables's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Finolex Cables's Pretax Margin % falls into.



Finolex Cables 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.

Finolex Cables'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 )
=8637.9/50143.9
=17.23 %

Finolex Cables'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 )
=2495.6/14010.2
=17.81 %

* 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.


Finolex Cables  (BOM:500144) 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.


Finolex Cables Pretax Margin % Related Terms

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Finolex Cables (BOM:500144) Business Description

Traded in Other Exchanges
Address
26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (BOM:500144) Headlines

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