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Max Financial Services (BOM:500271) Pretax Margin % : -0.40% (As of Mar. 2024)


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What is Max Financial Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Max Financial Services's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-594 Mil. Max Financial Services's Revenue for the three months ended in Mar. 2024 was ₹149,878 Mil. Therefore, Max Financial Services's pretax margin for the quarter that ended in Mar. 2024 was -0.40%.

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

BOM:500271' s Pretax Margin % Range Over the Past 10 Years
Min: 0.89   Med: 2.46   Max: 6.56
Current: 0.89


BOM:500271's Pretax Margin % is ranked worse than
87.27% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs BOM:500271: 0.89

Max Financial Services Pretax Margin % Historical Data

The historical data trend for Max Financial Services'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.

Max Financial Services Pretax Margin % Chart

Max Financial Services 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 2.44 1.90 1.25 1.68 0.89

Max Financial Services 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 0.59 1.29 1.56 1.60 -0.40

Competitive Comparison of Max Financial Services's Pretax Margin %

For the Insurance - Life subindustry, Max Financial Services'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.


Max Financial Services's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Max Financial Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Max Financial Services's Pretax Margin % falls into.



Max Financial Services 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.

Max Financial Services'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 )
=4148.2/465811.4
=0.89 %

Max Financial Services'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 )
=-593.9/149877.6
=-0.40 %

* 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.


Max Financial Services  (BOM:500271) 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.


Max Financial Services Pretax Margin % Related Terms

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Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

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