Forge Auto International (NSE:FORGEAUTO) Pretax Margin % : 5.58% (As of Mar. 2024)

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What is Forge Auto International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forge Auto International's Pre-Tax Income for the six months ended in Mar. 2024 was ₹93 Mil. Forge Auto International's Revenue for the six months ended in Mar. 2024 was ₹1,667 Mil. Therefore, Forge Auto International's pretax margin for the quarter that ended in Mar. 2024 was 5.58%.

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

NSE:FORGEAUTO' s Pretax Margin % Range Over the Past 10 Years
Min: 3.1 Med: 4.27 Max: 5.58
Current: 5.58

NSE:FORGEAUTO's Pretax Margin % is ranked better than
57.24% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 4.43 vs NSE:FORGEAUTO: 5.58

Forge Auto International Pretax Margin % Historical Data

The historical data trend for Forge Auto International'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.

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Forge Auto International Pretax Margin % Chart

Forge Auto International Annual Data

Trend

Mar22

Mar23

Mar24

Pretax Margin %

3.10

4.27

5.58

Forge Auto International Semi-Annual Data
	Mar22	Mar23	Mar24
Pretax Margin %	3.10	4.27	5.58

Competitive Comparison of Forge Auto International's Pretax Margin %

For the Auto Parts subindustry, Forge Auto International'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.

Forge Auto International's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Forge Auto International's Pretax Margin % falls into.

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Forge Auto International 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.

Forge Auto International'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 )
	=	92.921	/	1666.53
	=	5.58 %

Forge Auto International'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 )
	=	92.921	/	1666.53
	=	5.58 %

Forge Auto International (NSE:FORGEAUTO) 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.

Forge Auto International Pretax Margin % Related Terms

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Forge Auto International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141001

Website

https://www.failtd.com

Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.

Forge Auto International Headlines

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