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Meera Industries (BOM:540519) Pretax Margin % : 9.11% (As of Jun. 2024)


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What is Meera Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meera Industries's Pre-Tax Income for the three months ended in Jun. 2024 was ₹9.0 Mil. Meera Industries's Revenue for the three months ended in Jun. 2024 was ₹99.1 Mil. Therefore, Meera Industries's pretax margin for the quarter that ended in Jun. 2024 was 9.11%.

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

BOM:540519' s Pretax Margin % Range Over the Past 10 Years
Min: -6.88   Med: 9.52   Max: 18.62
Current: 7.02


BOM:540519's Pretax Margin % is ranked better than
51.97% of 2992 companies
in the Industrial Products industry
Industry Median: 6.545 vs BOM:540519: 7.02

Meera Industries Pretax Margin % Historical Data

The historical data trend for Meera 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.

Meera Industries Pretax Margin % Chart

Meera 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 3.71 12.97 12.16 -6.88 5.50

Meera Industries Quarterly Data
Mar18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.01 4.84 7.05 6.34 9.11

Competitive Comparison of Meera Industries's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Meera 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.


Meera Industries's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meera Industries's Pretax Margin % distribution charts can be found below:

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



Meera 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.

Meera 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 )
=16.451/299.241
=5.50 %

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

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=9.034/99.117
=9.11 %

* 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.


Meera Industries  (BOM:540519) 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.


Meera Industries Pretax Margin % Related Terms

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Meera Industries Business Description

Traded in Other Exchanges
N/A
Address
2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, Servo-controlled cop winder, Cone-assembly winder, Ring twister, covering machine, TPRS twister machine, and Heavy-duty twister and cabler machine, and Continuous bulk and heat setting machine. Its operating segment includes Machine manufacturing, Machine trading and Yarn. The company generates maximum revenue from the Machine manufacturing segment. Geographically, it derives a majority of revenue from India.

Meera Industries Headlines

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