/term/pretax-margin/BOM:523850 Axtel Industries (BOM:523850) Pretax Margin %
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Axtel Industries (BOM:523850) Pretax Margin % : 13.29% (As of Mar. 2024)


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What is Axtel Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Axtel Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹69 Mil. Axtel Industries's Revenue for the three months ended in Mar. 2024 was ₹522 Mil. Therefore, Axtel Industries's pretax margin for the quarter that ended in Mar. 2024 was 13.29%.

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

BOM:523850' s Pretax Margin % Range Over the Past 10 Years
Min: -19.76   Med: 13.16   Max: 19.29
Current: 19.19


BOM:523850's Pretax Margin % is ranked better than
88.68% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs BOM:523850: 19.19

Axtel Industries Pretax Margin % Historical Data

The historical data trend for Axtel Industries'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.

Axtel Industries Pretax Margin % Chart

Axtel Industries 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 15.68 19.29 13.58 12.74 19.19

Axtel Industries 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 21.33 14.62 24.11 22.62 13.29

Competitive Comparison of Axtel Industries's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Axtel Industries'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.


Axtel Industries's Pretax Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Axtel Industries's Pretax Margin % falls into.



Axtel Industries 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.

Axtel Industries'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 )
=428.591/2233.33
=19.19 %

Axtel Industries'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 )
=69.326/521.584
=13.29 %

* 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.


Axtel Industries  (BOM:523850) 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.


Axtel Industries Pretax Margin % Related Terms

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Axtel Industries (BOM:523850) Business Description

Traded in Other Exchanges
N/A
Address
Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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