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Cholamandalam Financial Holdings (BOM:504973) Pretax Margin % : 22.59% (As of Mar. 2024)


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What is Cholamandalam Financial Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cholamandalam Financial Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was ₹15,739 Mil. Cholamandalam Financial Holdings's Revenue for the three months ended in Mar. 2024 was ₹69,667 Mil. Therefore, Cholamandalam Financial Holdings's pretax margin for the quarter that ended in Mar. 2024 was 22.59%.

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

BOM:504973' s Pretax Margin % Range Over the Past 10 Years
Min: 10.43   Med: 18.54   Max: 21.13
Current: 20.6


BOM:504973's Pretax Margin % is ranked better than
50.87% of 517 companies
in the Credit Services industry
Industry Median: 19.8 vs BOM:504973: 20.60

Cholamandalam Financial Holdings Pretax Margin % Historical Data

The historical data trend for Cholamandalam Financial Holdings'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.

Cholamandalam Financial Holdings Pretax Margin % Chart

Cholamandalam Financial Holdings 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 14.28 17.76 21.05 21.13 20.60

Cholamandalam Financial Holdings 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 24.15 19.19 19.68 20.52 22.59

Competitive Comparison of Cholamandalam Financial Holdings's Pretax Margin %

For the Credit Services subindustry, Cholamandalam Financial Holdings'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.


Cholamandalam Financial Holdings's Pretax Margin % Distribution in the Credit Services Industry

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

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



Cholamandalam Financial Holdings 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.

Cholamandalam Financial Holdings'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 )
=52119.1/253038.4
=20.60 %

Cholamandalam Financial Holdings'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 )
=15739.2/69666.6
=22.59 %

* 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.


Cholamandalam Financial Holdings  (BOM:504973) 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.


Cholamandalam Financial Holdings Pretax Margin % Related Terms

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Cholamandalam Financial Holdings (BOM:504973) Business Description

Traded in Other Exchanges
Address
No. 234, NSC Bose Road, Dare House, Chennai, TN, IND, 600 001
Cholamandalam Financial Holdings Ltd along with its subsidiaries is a diversified investment company under the Murugappa Group. It offers financial services that include general insurance, residential mortgages, auto loans, risk services, and non-banking financial services. The company's activities are located exclusively in India. It has two primary products/service segments which are Financial Services and Insurance and allied services.

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