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Nitiraj Engineers (NSE:NITIRAJ) Pretax Margin % : 14.13% (As of Dec. 2023)


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What is Nitiraj Engineers Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nitiraj Engineers's Pre-Tax Income for the three months ended in Dec. 2023 was ₹28.6 Mil. Nitiraj Engineers's Revenue for the three months ended in Dec. 2023 was ₹202.5 Mil. Therefore, Nitiraj Engineers's pretax margin for the quarter that ended in Dec. 2023 was 14.13%.

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

NSE:NITIRAJ' s Pretax Margin % Range Over the Past 10 Years
Min: -11.67   Med: 11.65   Max: 15.74
Current: 10.65


NSE:NITIRAJ's Pretax Margin % is ranked better than
75.72% of 2463 companies
in the Hardware industry
Industry Median: 3.54 vs NSE:NITIRAJ: 10.65

Nitiraj Engineers Pretax Margin % Historical Data

The historical data trend for Nitiraj Engineers'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.

Nitiraj Engineers Pretax Margin % Chart

Nitiraj Engineers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.74 7.54 9.13 -11.67 -0.09

Nitiraj Engineers Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.72 2.42 9.95 12.61 14.13

Competitive Comparison of Nitiraj Engineers's Pretax Margin %

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers'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.


Nitiraj Engineers's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nitiraj Engineers's Pretax Margin % falls into.



Nitiraj Engineers 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.

Nitiraj Engineers'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 )
=-0.392/460.795
=-0.09 %

Nitiraj Engineers's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=28.613/202.464
=14.13 %

* 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.


Nitiraj Engineers  (NSE:NITIRAJ) 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.


Nitiraj Engineers Pretax Margin % Related Terms

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Nitiraj Engineers (NSE:NITIRAJ) Business Description

Traded in Other Exchanges
N/A
Address
Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006
Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

Nitiraj Engineers (NSE:NITIRAJ) Headlines

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