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DRC Systems India (NSE:DRCSYSTEMS) Pretax Margin % : 23.74% (As of Mar. 2024)


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What is DRC Systems India Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DRC Systems India's Pre-Tax Income for the three months ended in Mar. 2024 was ₹40.7 Mil. DRC Systems India's Revenue for the three months ended in Mar. 2024 was ₹171.2 Mil. Therefore, DRC Systems India's pretax margin for the quarter that ended in Mar. 2024 was 23.74%.

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

NSE:DRCSYSTEMS' s Pretax Margin % Range Over the Past 10 Years
Min: -2.97   Med: 3.95   Max: 31.82
Current: 26.98


NSE:DRCSYSTEMS's Pretax Margin % is ranked better than
92.76% of 2764 companies
in the Software industry
Industry Median: 2.34 vs NSE:DRCSYSTEMS: 26.98

DRC Systems India Pretax Margin % Historical Data

The historical data trend for DRC Systems 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.

DRC Systems India Pretax Margin % Chart

DRC Systems India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial 0.59 -2.97 6.20 31.82 25.93

DRC Systems India Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 52.05 20.83 18.68 37.11 23.74

Competitive Comparison of DRC Systems India's Pretax Margin %

For the Information Technology Services subindustry, DRC Systems 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.


DRC Systems India's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, DRC Systems India's Pretax Margin % distribution charts can be found below:

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



DRC Systems 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.

DRC Systems India'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 )
=123.65/476.83
=25.93 %

DRC Systems India'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 )
=40.65/171.24
=23.74 %

* 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.


DRC Systems India  (NSE:DRCSYSTEMS) 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.


DRC Systems India Pretax Margin % Related Terms

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DRC Systems India (NSE:DRCSYSTEMS) Business Description

Traded in Other Exchanges
Address
Block No. 56, Road - 5C, Zone - 5, 24th Floor, GIFT Two Building, Gift CIty, Taluka & District - Gandhinagar, Gandhinagar, GJ, IND, 382 355
DRC Systems India Ltd is a software development outsourcing company in India providing information technology services to customers in India and other countries. Geographically maximum revenue is generated from international markets.

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