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Mohit Industries (BOM:531453) Pretax Margin % : -4.66% (As of Sep. 2024)


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What is Mohit Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mohit Industries's Pre-Tax Income for the three months ended in Sep. 2024 was ₹-12 Mil. Mohit Industries's Revenue for the three months ended in Sep. 2024 was ₹257 Mil. Therefore, Mohit Industries's pretax margin for the quarter that ended in Sep. 2024 was -4.66%.

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

BOM:531453' s Pretax Margin % Range Over the Past 10 Years
Min: -2.17   Med: 0.44   Max: 2.29
Current: -2.17


BOM:531453's Pretax Margin % is ranked worse than
76.32% of 1039 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.67 vs BOM:531453: -2.17

Mohit Industries Pretax Margin % Historical Data

The historical data trend for Mohit 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.

Mohit Industries Pretax Margin % Chart

Mohit 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 0.08 0.70 0.22 -0.79 -1.99

Mohit Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.17 -2.30 0.57 -2.04 -4.66

Competitive Comparison of Mohit Industries's Pretax Margin %

For the Textile Manufacturing subindustry, Mohit 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.


Mohit Industries's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohit Industries's Pretax Margin % distribution charts can be found below:

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



Mohit 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.

Mohit 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 )
=-25.644/1290.678
=-1.99 %

Mohit Industries's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-11.99/257.106
=-4.66 %

* 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.


Mohit Industries  (BOM:531453) 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.


Mohit Industries Pretax Margin % Related Terms

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Mohit Industries Business Description

Traded in Other Exchanges
Address
Dumas Road, Ring Road, Rajhans Montessa, Office No. 908, 9th Floor, Magdalla, Choryasi, Surat, GJ, IND, 395007
Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia, and other countries. The company generates the majority of its revenue from the sale of finished goods.

Mohit Industries Headlines

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