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Charms Industries (BOM:531327) Pretax Margin % : -6.80% (As of Mar. 2024)


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What is Charms Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Charms Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-0.06 Mil. Charms Industries's Revenue for the three months ended in Mar. 2024 was ₹0.87 Mil. Therefore, Charms Industries's pretax margin for the quarter that ended in Mar. 2024 was -6.80%.

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

BOM:531327' s Pretax Margin % Range Over the Past 10 Years
Min: -735.2   Med: -1.92   Max: 2.18
Current: -19.47


BOM:531327's Pretax Margin % is ranked worse than
81.82% of 770 companies
in the Capital Markets industry
Industry Median: 19.725 vs BOM:531327: -19.47

Charms Industries Pretax Margin % Historical Data

The historical data trend for Charms 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.

Charms Industries Pretax Margin % Chart

Charms 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 -1.92 -735.20 - -559.22 -34.17

Charms 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 -144.31 -78.70 29.28 -23.44 -6.80

Competitive Comparison of Charms Industries's Pretax Margin %

For the Capital Markets subindustry, Charms 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.


Charms Industries's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charms Industries's Pretax Margin % distribution charts can be found below:

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



Charms 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.

Charms 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 )
=-1.331/3.895
=-34.17 %

Charms 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 )
=-0.059/0.868
=-6.80 %

* 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.


Charms Industries  (BOM:531327) 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.


Charms Industries Pretax Margin % Related Terms

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Charms Industries (BOM:531327) Business Description

Traded in Other Exchanges
N/A
Address
108-B/109, Sampada Building, Mithakali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad, GJ, IND, 380 009
Charms Industries Ltd is an RBI registered full-fledged money changer. In money changing, the company provides an array of products and services including buying and selling of foreign currency notes, servicing of co-branded International prepaid multicurrency travel cards, issuance of foreign currency demand drafts, travelers' cheques and outward telegraphic remittances, including outbound remittances towards student fees, film shoots, tour remittances etc. and also extend encasements of foreign currency demand drafts, travelers' cheques and forex prepaid cards.

Charms Industries (BOM:531327) Headlines

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