GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Pretax Margin %

Rhetan TMT (BOM:543590) Pretax Margin % : 12.07% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Rhetan TMT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rhetan TMT's Pre-Tax Income for the six months ended in Mar. 2024 was ₹36.2 Mil. Rhetan TMT's Revenue for the six months ended in Mar. 2024 was ₹300.1 Mil. Therefore, Rhetan TMT's pretax margin for the quarter that ended in Mar. 2024 was 12.07%.

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

BOM:543590' s Pretax Margin % Range Over the Past 10 Years
Min: 0.35   Med: 4.29   Max: 8.31
Current: 8.11


BOM:543590's Pretax Margin % is ranked better than
72.45% of 599 companies
in the Steel industry
Industry Median: 3.54 vs BOM:543590: 8.11

Rhetan TMT Pretax Margin % Historical Data

The historical data trend for Rhetan TMT'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.

Rhetan TMT Pretax Margin % Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
0.53 0.35 4.29 8.31 8.11

Rhetan TMT Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Pretax Margin % Get a 7-Day Free Trial 5.61 4.60 10.64 4.69 12.07

Competitive Comparison of Rhetan TMT's Pretax Margin %

For the Steel subindustry, Rhetan TMT'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.


Rhetan TMT's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Rhetan TMT's Pretax Margin % falls into.



Rhetan TMT 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.

Rhetan TMT'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 )
=52.507/647.662
=8.11 %

Rhetan TMT'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 )
=36.221/300.053
=12.07 %

* 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.


Rhetan TMT  (BOM:543590) 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.


Rhetan TMT Pretax Margin % Related Terms

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


Rhetan TMT (BOM:543590) Business Description

Traded in Other Exchanges
N/A
Address
Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

No Headlines