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Manaksia Steels (NSE:MANAKSTEEL) Pretax Margin % : 1.31% (As of Dec. 2024)


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What is Manaksia Steels Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Manaksia Steels's Pre-Tax Income for the three months ended in Dec. 2024 was ₹21 Mil. Manaksia Steels's Revenue for the three months ended in Dec. 2024 was ₹1,605 Mil. Therefore, Manaksia Steels's pretax margin for the quarter that ended in Dec. 2024 was 1.31%.

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

NSE:MANAKSTEEL' s Pretax Margin % Range Over the Past 10 Years
Min: 1.97   Med: 3.83   Max: 8.01
Current: 2.14


NSE:MANAKSTEEL's Pretax Margin % is ranked worse than
56.86% of 612 companies
in the Steel industry
Industry Median: 3.025 vs NSE:MANAKSTEEL: 2.14

Manaksia Steels Pretax Margin % Historical Data

The historical data trend for Manaksia Steels'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.

Manaksia Steels Pretax Margin % Chart

Manaksia Steels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 6.85 8.01 2.31 5.56

Manaksia Steels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.21 3.43 2.01 1.62 1.31

Competitive Comparison of Manaksia Steels's Pretax Margin %

For the Steel subindustry, Manaksia Steels'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.


Manaksia Steels's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Manaksia Steels's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Manaksia Steels's Pretax Margin % falls into.


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Manaksia Steels 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.

Manaksia Steels'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 )
=378.267/6807.519
=5.56 %

Manaksia Steels'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 )
=21.042/1604.805
=1.31 %

* 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.


Manaksia Steels  (NSE:MANAKSTEEL) 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.


Manaksia Steels Pretax Margin % Related Terms

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Manaksia Steels Business Description

Traded in Other Exchanges
Address
6 Lyons Range, 1st Floor, Turner Morrison Building, Kolkata, WB, IND, 700001
Manaksia Steels Ltd is a manufacturer of value-added secondary steel products and is poised to cater to the increasing demands overseas and in India for the housing and infrastructure sectors. The company manufactures and sells steel products comprising Cold Rolled Steel Sheets and Coils, Galvanized Steel Sheets and Coils, Color Coated Steel sheets and coils, and others. Geographically, it derives a majority of its revenue from India.

Manaksia Steels Headlines

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