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Katare Spinning Mills (BOM:502933) Pretax Margin % : -213.50% (As of Mar. 2024)


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What is Katare Spinning Mills Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Katare Spinning Mills's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-18.99 Mil. Katare Spinning Mills's Revenue for the three months ended in Mar. 2024 was ₹8.90 Mil. Therefore, Katare Spinning Mills's pretax margin for the quarter that ended in Mar. 2024 was -213.50%.

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

BOM:502933' s Pretax Margin % Range Over the Past 10 Years
Min: -51.45   Med: -8.75   Max: 431.99
Current: -51.45


BOM:502933's Pretax Margin % is ranked worse than
95.39% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.315 vs BOM:502933: -51.45

Katare Spinning Mills Pretax Margin % Historical Data

The historical data trend for Katare Spinning Mills'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.

Katare Spinning Mills Pretax Margin % Chart

Katare Spinning Mills 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 -7.14 -16.59 431.99 -18.98 -51.45

Katare Spinning Mills 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 -34.53 -59.16 4.18 -0.22 -213.50

Competitive Comparison of Katare Spinning Mills's Pretax Margin %

For the Textile Manufacturing subindustry, Katare Spinning Mills'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.


Katare Spinning Mills's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Katare Spinning Mills's Pretax Margin % falls into.



Katare Spinning Mills 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.

Katare Spinning Mills'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 )
=-20.605/40.047
=-51.45 %

Katare Spinning Mills'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 )
=-18.993/8.896
=-213.50 %

* 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.


Katare Spinning Mills  (BOM:502933) 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.


Katare Spinning Mills Pretax Margin % Related Terms

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Katare Spinning Mills (BOM:502933) Business Description

Traded in Other Exchanges
N/A
Address
Akkalkot road, 14/30 Ground Floor, B Wing, Katare Complex, Bl. No. 10, Ravivar Peth, Gandhinagar, Solapur, MH, IND, 413006
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division, Hotel Division, and Solar Power. The Spinning Mill segment generates maximum revenue for the company.

Katare Spinning Mills (BOM:502933) Headlines

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