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Par Drugs and Chemicals (NSE:PAR) Pretax Margin % : 33.14% (As of Sep. 2024)


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What is Par Drugs and Chemicals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Par Drugs and Chemicals's Pre-Tax Income for the three months ended in Sep. 2024 was ₹115 Mil. Par Drugs and Chemicals's Revenue for the three months ended in Sep. 2024 was ₹347 Mil. Therefore, Par Drugs and Chemicals's pretax margin for the quarter that ended in Sep. 2024 was 33.14%.

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

NSE:PAR' s Pretax Margin % Range Over the Past 10 Years
Min: 6.07   Med: 13.37   Max: 24.59
Current: 23.71


NSE:PAR's Pretax Margin % is ranked better than
86.35% of 989 companies
in the Drug Manufacturers industry
Industry Median: 5.45 vs NSE:PAR: 23.71

Par Drugs and Chemicals Pretax Margin % Historical Data

The historical data trend for Par Drugs and Chemicals'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.

Par Drugs and Chemicals Pretax Margin % Chart

Par Drugs and Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial 10.88 24.59 17.12 15.86 20.52

Par Drugs and Chemicals Quarterly Data
Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25.25 19.06 22.92 14.97 33.14

Competitive Comparison of Par Drugs and Chemicals's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Par Drugs and Chemicals'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.


Par Drugs and Chemicals's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Par Drugs and Chemicals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Par Drugs and Chemicals's Pretax Margin % falls into.



Par Drugs and Chemicals 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.

Par Drugs and Chemicals'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 )
=195.166/951.065
=20.52 %

Par Drugs and Chemicals's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=114.869/346.569
=33.14 %

* 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.


Par Drugs and Chemicals  (NSE:PAR) 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.


Par Drugs and Chemicals Pretax Margin % Related Terms

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Par Drugs and Chemicals Business Description

Traded in Other Exchanges
N/A
Address
Gotri Vasna Road, 816, Nilamber Triumph, Vadodara, GJ, IND, 390007
Par Drugs and Chemicals Ltd is engaged in the development and manufacture of Active Pharma Ingredients (APIs) for the domestic market as well as for exports to international markets. APIs are the principal ingredient used in making finished dosages in the form of capsules, tablets, liquid, or other forms of dosage. The company is dealing in only one segment i.e. manufacturing industry, API.