The historical rank and industry rank for L&T Finance Holdings's Pretax Margin % or its related term are showing as below:
BOM:715007.PFD'
s Pretax Margin % Range Over the Past 10 Years
Min: -8.53 Med: 41.21 Max: 78.51
Current: 42.69
BOM:715007.PFD's Pretax Margin % is ranked better than 71.07% of 522
companies
in the Credit Services industry
Industry Median: 20.705
vs BOM:715007.PFD: 42.69
L&T Finance Holdings Pretax Margin % Historical Data
The historical data trend for L&T Finance Holdings'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.
Competitive Comparison of L&T Finance Holdings's Pretax Margin %
For the Credit Services subindustry, L&T Finance Holdings'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.
L&T Finance Holdings's Pretax Margin % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, L&T Finance Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where L&T Finance Holdings's Pretax Margin % falls into.
L&T Finance Holdings 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.
L&T Finance Holdings's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
L&T Finance Holdings Pretax Margin % Related Terms
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L&T Finance Holdings (BOM:715007.PFD) Business Description
L&T Finance Holdings Ltd is a registered non-banking financial institution operating in India. The company operates through five main segments namely Retail business; Wholesale business; Defocused business and others. It generates maximum revenue from the Retail business segment. Retail Finance comprises of Farmer Finance (Farm Equipment Finance and Agri Allied Finance), Rural Business Finance (Micro Finance Loans and Rural Business loans), Urban Finance (Two wheeler Finance, Consumer Loans, Retail Housing Loans and Loans against Property), SME Loans and Retail Portfolio Acquisitions.
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