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Miven Machine Tools (BOM:522036) Pretax Margin % : -89.30% (As of Dec. 2023)


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What is Miven Machine Tools Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Miven Machine Tools's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-5.36 Mil. Miven Machine Tools's Revenue for the three months ended in Dec. 2023 was ₹6.00 Mil. Therefore, Miven Machine Tools's pretax margin for the quarter that ended in Dec. 2023 was -89.30%.

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

BOM:522036' s Pretax Margin % Range Over the Past 10 Years
Min: -267.09   Med: -50.21   Max: 815.1
Current: 401.19


BOM:522036's Pretax Margin % is ranked better than
99.66% of 2972 companies
in the Industrial Products industry
Industry Median: 6.495 vs BOM:522036: 401.19

Miven Machine Tools Pretax Margin % Historical Data

The historical data trend for Miven Machine Tools'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.

Miven Machine Tools Pretax Margin % Chart

Miven Machine Tools 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 4.87 98.97 -267.09 -62.21 815.10

Miven Machine Tools 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 -166.56 1,563.96 -231.38 -70.83 -89.30

Competitive Comparison of Miven Machine Tools's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Miven Machine Tools'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.


Miven Machine Tools's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Miven Machine Tools's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Miven Machine Tools's Pretax Margin % falls into.



Miven Machine Tools 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.

Miven Machine Tools'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 )
=73.807/9.055
=815.10 %

Miven Machine Tools'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 )
=-5.359/6.001
=-89.30 %

* 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.


Miven Machine Tools  (BOM:522036) 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.


Miven Machine Tools Pretax Margin % Related Terms

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Miven Machine Tools (BOM:522036) Business Description

Traded in Other Exchanges
N/A
Address
Tarihal Industrial Area, Tarihal, Hubli, KA, IND, 580026
Miven Machine Tools Ltd is engaged in the manufacturing of CNC horizontal turning lathes. The company manufactures only one type of product i.e. CNC turning machine and ancillary machines, CNC chucker machines, small CNC machines and special-purpose CNC machines and hence operates only in one product segment.

Miven Machine Tools (BOM:522036) Headlines

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