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Setco Automotive (BOM:505075) Pretax Margin % : -17.79% (As of Dec. 2023)


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What is Setco Automotive Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Setco Automotive's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-294 Mil. Setco Automotive's Revenue for the three months ended in Dec. 2023 was ₹1,651 Mil. Therefore, Setco Automotive's pretax margin for the quarter that ended in Dec. 2023 was -17.79%.

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

BOM:505075' s Pretax Margin % Range Over the Past 10 Years
Min: -58.42   Med: -1.9   Max: 5.04
Current: -23.95


BOM:505075's Pretax Margin % is ranked worse than
91.69% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 4.47 vs BOM:505075: -23.95

Setco Automotive Pretax Margin % Historical Data

The historical data trend for Setco Automotive'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.

Setco Automotive Pretax Margin % Chart

Setco Automotive 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 2.46 -11.49 -35.37 -58.42 -29.54

Setco Automotive Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -43.45 -25.35 -25.45 -27.87 -17.79

Competitive Comparison of Setco Automotive's Pretax Margin %

For the Auto Parts subindustry, Setco Automotive'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.


Setco Automotive's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Setco Automotive's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Setco Automotive's Pretax Margin % falls into.



Setco Automotive 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.

Setco Automotive'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 )
=-1611.451/5455.717
=-29.54 %

Setco Automotive's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-293.7/1650.5
=-17.79 %

* 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.


Setco Automotive  (BOM:505075) 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.


Setco Automotive Pretax Margin % Related Terms

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Setco Automotive (BOM:505075) Business Description

Traded in Other Exchanges
Address
54A, Tardeo Road, Near Film Center Building, Mumbai, MH, IND, 400 034
Setco Automotive Ltd operates in the Auto Parts industry. It is solely engaged in the Auto components segment. The company is a manufacturer and supplier of Premium Quality Lipe brand clutches for Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Man India, Mahindra and Mahindra, Volvo - Eicher Commercial Vehicles, and Asia Motor Works amongst others. It also manufactures clutches for hydraulic products for the construction equipment industry.

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