GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Waaree Renewable Technologies Ltd (BOM:534618) » Definitions » Pretax Margin %

Waaree Renewable Technologies (BOM:534618) Pretax Margin % : 26.18% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Waaree Renewable Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Waaree Renewable Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was ₹715 Mil. Waaree Renewable Technologies's Revenue for the three months ended in Mar. 2024 was ₹2,732 Mil. Therefore, Waaree Renewable Technologies's pretax margin for the quarter that ended in Mar. 2024 was 26.18%.

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

BOM:534618' s Pretax Margin % Range Over the Past 10 Years
Min: -105.28   Med: 22.29   Max: 47.38
Current: 22.64


BOM:534618's Pretax Margin % is ranked better than
72.42% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 10.52 vs BOM:534618: 22.64

Waaree Renewable Technologies Pretax Margin % Historical Data

The historical data trend for Waaree Renewable Technologies'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.

Waaree Renewable Technologies Pretax Margin % Chart

Waaree Renewable Technologies 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 -105.28 47.38 13.14 21.94 22.64

Waaree Renewable Technologies 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 31.92 11.78 16.74 26.70 26.18

Competitive Comparison of Waaree Renewable Technologies's Pretax Margin %

For the Utilities - Renewable subindustry, Waaree Renewable Technologies'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.


Waaree Renewable Technologies's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Waaree Renewable Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Waaree Renewable Technologies's Pretax Margin % falls into.



Waaree Renewable Technologies 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.

Waaree Renewable Technologies'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 )
=1984.089/8764.386
=22.64 %

Waaree Renewable Technologies'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 )
=715.435/2732.475
=26.18 %

* 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.


Waaree Renewable Technologies  (BOM:534618) 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.


Waaree Renewable Technologies Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Waaree Renewable Technologies's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Waaree Renewable Technologies (BOM:534618) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar, and Floating Solar.

Waaree Renewable Technologies (BOM:534618) Headlines

No Headlines