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Choice International (BOM:531358) Pretax Margin % : 25.73% (As of Mar. 2024)


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What is Choice International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Choice International's Pre-Tax Income for the three months ended in Mar. 2024 was ₹552 Mil. Choice International's Revenue for the three months ended in Mar. 2024 was ₹2,145 Mil. Therefore, Choice International's pretax margin for the quarter that ended in Mar. 2024 was 25.73%.

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

BOM:531358' s Pretax Margin % Range Over the Past 10 Years
Min: 3.73   Med: 12.68   Max: 27.1
Current: 24.1


BOM:531358's Pretax Margin % is ranked better than
57.18% of 773 companies
in the Capital Markets industry
Industry Median: 18.8 vs BOM:531358: 24.10

Choice International Pretax Margin % Historical Data

The historical data trend for Choice International'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.

Choice International Pretax Margin % Chart

Choice International 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 15.10 13.79 27.10 21.06 24.08

Choice International 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 28.75 21.38 20.95 27.12 25.73

Competitive Comparison of Choice International's Pretax Margin %

For the Capital Markets subindustry, Choice International'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.


Choice International's Pretax Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Choice International's Pretax Margin % falls into.



Choice International 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.

Choice International'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 )
=1807.966/7506.847
=24.08 %

Choice International'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 )
=551.998/2145.476
=25.73 %

* 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.


Choice International  (BOM:531358) 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.


Choice International Pretax Margin % Related Terms

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Choice International (BOM:531358) Business Description

Traded in Other Exchanges
Address
Shree Shakambhari Corporate Park, Plot No.156-158, Chakravorty Ashok Society, J.B. Nagar, Andheri (East), Mumbai, MH, IND, 400099
Choice International Ltd is a company engaged in providing financial services. It operates through the segments of NBFC services, Broking & Distribution and Advisory services. The company generates a majority of the revenue from Broking and distribution services. It offers services like equity trading, commodity derivative trading, financial planning, currency futures trading, fund distribution, and structured products. The company conducts its business operations mainly in India.

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