Paras Defence And Space Technologies (NSE:PARAS) Pretax Margin % : 20.85% (As of Sep. 2024)

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What is Paras Defence And Space Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Paras Defence And Space Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was ₹182 Mil. Paras Defence And Space Technologies's Revenue for the three months ended in Sep. 2024 was ₹871 Mil. Therefore, Paras Defence And Space Technologies's pretax margin for the quarter that ended in Sep. 2024 was 20.85%.

The historical rank and industry rank for Paras Defence And Space Technologies's Pretax Margin % or its related term are showing as below:

NSE:PARAS' s Pretax Margin % Range Over the Past 10 Years
Min: 14.82 Med: 16.67 Max: 21.22
Current: 18.48

NSE:PARAS's Pretax Margin % is ranked better than
84.08% of 314 companies
in the Aerospace & Defense industry
Industry Median: 4.935 vs NSE:PARAS: 18.48

Paras Defence And Space Technologies Pretax Margin % Historical Data

The historical data trend for Paras Defence And Space Technologies'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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Paras Defence And Space Technologies Pretax Margin % Chart

Paras Defence And Space Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Pretax Margin %

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14.82

15.77

20.04

21.22

15.97

Paras Defence And Space Technologies Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Pretax Margin %	Get a 7-Day Free Trial													19.85	13.03	15.20	23.33	20.85

Competitive Comparison of Paras Defence And Space Technologies's Pretax Margin %

For the Aerospace & Defense subindustry, Paras Defence And Space Technologies'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.

Paras Defence And Space Technologies's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Paras Defence And Space Technologies's Pretax Margin % falls into.

Paras Defence And Space Technologies 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.

Paras Defence And Space Technologies'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 )
	=	404.685	/	2534.559
	=	15.97 %

Paras Defence And Space Technologies'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 )
	=	181.6	/	870.9
	=	20.85 %

Paras Defence And Space Technologies (NSE:PARAS) 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.

Paras Defence And Space Technologies Pretax Margin % Related Terms

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Paras Defence And Space Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Paras Defence And Space Technologies Ltd (NSE:PARAS) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

543367:India

Address

D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai, MH, IND, 400706

Website

https://www.parasdefence.com

Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems, and Defence Engineering. The maximum revenue for the company is derived from its Defence Engineering segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.

Paras Defence And Space Technologies Headlines

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