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Surat Trade & Mercantile (BOM:530185) Pretax Margin % : 18.49% (As of Mar. 2024)


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What is Surat Trade & Mercantile Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Surat Trade & Mercantile's Pre-Tax Income for the three months ended in Mar. 2024 was ₹27.9 Mil. Surat Trade & Mercantile's Revenue for the three months ended in Mar. 2024 was ₹150.9 Mil. Therefore, Surat Trade & Mercantile's pretax margin for the quarter that ended in Mar. 2024 was 18.49%.

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

BOM:530185' s Pretax Margin % Range Over the Past 10 Years
Min: 2.84   Med: 6.74   Max: 22.25
Current: 22.25


BOM:530185's Pretax Margin % is ranked better than
53.77% of 770 companies
in the Capital Markets industry
Industry Median: 19.495 vs BOM:530185: 22.25

Surat Trade & Mercantile Pretax Margin % Historical Data

The historical data trend for Surat Trade & Mercantile'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.

Surat Trade & Mercantile Pretax Margin % Chart

Surat Trade & Mercantile 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 6.01 - - 14.98 22.25

Surat Trade & Mercantile 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 5.30 28.48 16.21 26.97 18.49

Competitive Comparison of Surat Trade & Mercantile's Pretax Margin %

For the Capital Markets subindustry, Surat Trade & Mercantile'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.


Surat Trade & Mercantile's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Surat Trade & Mercantile's Pretax Margin % distribution charts can be found below:

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



Surat Trade & Mercantile 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.

Surat Trade & Mercantile'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 )
=134.727/605.637
=22.25 %

Surat Trade & Mercantile'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 )
=27.907/150.922
=18.49 %

* 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.


Surat Trade & Mercantile  (BOM:530185) 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.


Surat Trade & Mercantile Pretax Margin % Related Terms

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Surat Trade & Mercantile (BOM:530185) Business Description

Traded in Other Exchanges
N/A
Address
Puna-Kumbharia Road, Tulsi Krupa Arcade, 6th Floor, Near Aai Mata Chowk, Dumbhal, Surat, GJ, IND, 395010
Surat Textile Mills Ltd is engaged in the manufacturing and selling of Polyester filament yarn, polyester chips, and spun yarn. It produces ring-spun yarn for the domestic market in various ranges, such as 100% polyester, 100% viscose, 100% modal, polyester viscose blend, and polyester modal blend. The Company's business segment consists of a single segment of Commodity Trading. The company derives a majority of its revenue from the Commodity trading segment. Geographically, it derives the majority of its revenue from India..

Surat Trade & Mercantile (BOM:530185) Headlines

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