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Happy Forgings (NSE:HAPPYFORGE) Pretax Margin % : 24.50% (As of Dec. 2024)


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What is Happy Forgings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Happy Forgings's Pre-Tax Income for the three months ended in Dec. 2024 was ₹868 Mil. Happy Forgings's Revenue for the three months ended in Dec. 2024 was ₹3,543 Mil. Therefore, Happy Forgings's pretax margin for the quarter that ended in Dec. 2024 was 24.50%.

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

NSE:HAPPYFORGE' s Pretax Margin % Range Over the Past 10 Years
Min: 21.34   Med: 25.15   Max: 27.81
Current: 27.81


NSE:HAPPYFORGE's Pretax Margin % is ranked better than
96.03% of 2976 companies
in the Industrial Products industry
Industry Median: 6.43 vs NSE:HAPPYFORGE: 27.81

Happy Forgings Pretax Margin % Historical Data

The historical data trend for Happy Forgings'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.

Happy Forgings Pretax Margin % Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Pretax Margin %
21.34 24.20 26.09 26.10

Happy Forgings Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.71 38.33 25.13 26.92 24.50

Competitive Comparison of Happy Forgings's Pretax Margin %

For the Metal Fabrication subindustry, Happy Forgings'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.


Happy Forgings's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Happy Forgings's Pretax Margin % falls into.


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Happy Forgings 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.

Happy Forgings'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 )
=3243.883/12430.82
=26.10 %

Happy Forgings's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=868.213/3543.246
=24.50 %

* 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.


Happy Forgings  (NSE:HAPPYFORGE) 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.


Happy Forgings Pretax Margin % Related Terms

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Happy Forgings Business Description

Traded in Other Exchanges
Address
H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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