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Styrenix Performance Materials (BOM:506222) Pretax Margin % : 10.76% (As of Mar. 2024)


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What is Styrenix Performance Materials Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Styrenix Performance Materials's Pre-Tax Income for the three months ended in Mar. 2024 was ₹644 Mil. Styrenix Performance Materials's Revenue for the three months ended in Mar. 2024 was ₹5,987 Mil. Therefore, Styrenix Performance Materials's pretax margin for the quarter that ended in Mar. 2024 was 10.76%.

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

BOM:506222' s Pretax Margin % Range Over the Past 10 Years
Min: -0.88   Med: 6.11   Max: 23.09
Current: 10.5


BOM:506222's Pretax Margin % is ranked better than
69.2% of 1526 companies
in the Chemicals industry
Industry Median: 5.52 vs BOM:506222: 10.50

Styrenix Performance Materials Pretax Margin % Historical Data

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials Pretax Margin % Chart

Styrenix Performance Materials 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 -0.85 23.09 20.35 10.41 10.50

Styrenix Performance Materials 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 9.46 7.95 12.76 10.25 10.76

Competitive Comparison of Styrenix Performance Materials's Pretax Margin %

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Styrenix Performance Materials's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Styrenix Performance Materials's Pretax Margin % falls into.



Styrenix Performance Materials 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.

Styrenix Performance Materials'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 )
=2332.6/22221.7
=10.50 %

Styrenix Performance Materials'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 )
=644.2/5987.1
=10.76 %

* 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.


Styrenix Performance Materials  (BOM:506222) 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.


Styrenix Performance Materials Pretax Margin % Related Terms

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Styrenix Performance Materials (BOM:506222) Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene, of which the majority of the revenue is generated from the Specialties segment. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

Styrenix Performance Materials (BOM:506222) Headlines

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