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AB Cotspin India (NSE:ABCOTS) Pretax Margin % : 2.38% (As of Sep. 2023)


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What is AB Cotspin India Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AB Cotspin India's Pre-Tax Income for the six months ended in Sep. 2023 was ₹26 Mil. AB Cotspin India's Revenue for the six months ended in Sep. 2023 was ₹1,110 Mil. Therefore, AB Cotspin India's pretax margin for the quarter that ended in Sep. 2023 was 2.38%.

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

NSE:ABCOTS' s Pretax Margin % Range Over the Past 10 Years
Min: 1.15   Med: 1.53   Max: 6.49
Current: 2.05


NSE:ABCOTS's Pretax Margin % is ranked worse than
58.44% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.39 vs NSE:ABCOTS: 2.05

AB Cotspin India Pretax Margin % Historical Data

The historical data trend for AB Cotspin India'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.

AB Cotspin India Pretax Margin % Chart

AB Cotspin India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
1.48 1.15 4.77 6.49 1.53

AB Cotspin India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial 4.75 14.73 1.34 1.67 2.38

Competitive Comparison of AB Cotspin India's Pretax Margin %

For the Textile Manufacturing subindustry, AB Cotspin India'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.


AB Cotspin India's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where AB Cotspin India's Pretax Margin % falls into.



AB Cotspin India 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.

AB Cotspin India's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=25.729/1681.125
=1.53 %

AB Cotspin India's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=26.447/1110.153
=2.38 %

* 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.


AB Cotspin India  (NSE:ABCOTS) 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.


AB Cotspin India Pretax Margin % Related Terms

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AB Cotspin India (NSE:ABCOTS) Business Description

Traded in Other Exchanges
N/A
Address
Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001
AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

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