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Prakash Steelage (NSE:PRAKASHSTL) Pretax Margin % : 137.48% (As of Mar. 2024)


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What is Prakash Steelage Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Prakash Steelage's Pre-Tax Income for the three months ended in Mar. 2024 was ₹354 Mil. Prakash Steelage's Revenue for the three months ended in Mar. 2024 was ₹257 Mil. Therefore, Prakash Steelage's pretax margin for the quarter that ended in Mar. 2024 was 137.48%.

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

NSE:PRAKASHSTL' s Pretax Margin % Range Over the Past 10 Years
Min: -550.16   Med: 2.61   Max: 352.7
Current: 55.12


NSE:PRAKASHSTL's Pretax Margin % is ranked better than
98.17% of 601 companies
in the Steel industry
Industry Median: 3.46 vs NSE:PRAKASHSTL: 55.12

Prakash Steelage Pretax Margin % Historical Data

The historical data trend for Prakash Steelage'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.

Prakash Steelage Pretax Margin % Chart

Prakash Steelage 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 -2.61 185.51 352.70 3.25 55.12

Prakash Steelage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.11 72.62 3.17 4.03 137.48

Competitive Comparison of Prakash Steelage's Pretax Margin %

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Prakash Steelage's Pretax Margin % falls into.



Prakash Steelage 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.

Prakash Steelage'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 )
=583.043/1057.746
=55.12 %

Prakash Steelage's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=353.782/257.338
=137.48 %

* 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.


Prakash Steelage  (NSE:PRAKASHSTL) 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.


Prakash Steelage Pretax Margin % Related Terms

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Prakash Steelage (NSE:PRAKASHSTL) Business Description

Traded in Other Exchanges
Address
28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. Its products are available in various conditions, such as welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, and Straight Lengths. Geographically all the business activity of the group is operated through the region of India.

Prakash Steelage (NSE:PRAKASHSTL) Headlines

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