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Trade Wings (BOM:509953) Pretax Margin % : 3.58% (As of Dec. 2023)


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What is Trade Wings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trade Wings's Pre-Tax Income for the three months ended in Dec. 2023 was ₹22 Mil. Trade Wings's Revenue for the three months ended in Dec. 2023 was ₹620 Mil. Therefore, Trade Wings's pretax margin for the quarter that ended in Dec. 2023 was 3.58%.

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

BOM:509953' s Pretax Margin % Range Over the Past 10 Years
Min: -17.11   Med: 0.19   Max: 1.96
Current: 1.96


BOM:509953's Pretax Margin % is not ranked
in the Travel & Leisure industry.
Industry Median: 6.3 vs BOM:509953: 1.96

Trade Wings Pretax Margin % Historical Data

The historical data trend for Trade Wings'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.

Trade Wings Pretax Margin % Chart

Trade Wings 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 0.48 -0.64 -17.11 -3.35 1.38

Trade Wings 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 5.14 5.09 1.40 -2.79 3.58

Competitive Comparison of Trade Wings's Pretax Margin %

For the Travel Services subindustry, Trade Wings'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.


Trade Wings's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trade Wings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Trade Wings's Pretax Margin % falls into.



Trade Wings 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.

Trade Wings'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 )
=29.488/2136.205
=1.38 %

Trade Wings'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 )
=22.165/619.908
=3.58 %

* 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.


Trade Wings  (BOM:509953) 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.


Trade Wings Pretax Margin % Related Terms

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Trade Wings (BOM:509953) Business Description

Traded in Other Exchanges
N/A
Address
A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705
Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It generates maximum revenue from the Travel Related Services segment.

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