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Pritika Engineering Components (NSE:PRITIKA) Pretax Margin % : 4.00% (As of Mar. 2023)


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What is Pritika Engineering Components Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pritika Engineering Components's Pre-Tax Income for the six months ended in Mar. 2023 was ₹15.6 Mil. Pritika Engineering Components's Revenue for the six months ended in Mar. 2023 was ₹390.1 Mil. Therefore, Pritika Engineering Components's pretax margin for the quarter that ended in Mar. 2023 was 4.00%.

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

NSE:PRITIKA' s Pretax Margin % Range Over the Past 10 Years
Min: 0.69   Med: 3.34   Max: 10.95
Current: 4.85


NSE:PRITIKA's Pretax Margin % is ranked better than
52.02% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 4.53 vs NSE:PRITIKA: 4.85

Pritika Engineering Components Pretax Margin % Historical Data

The historical data trend for Pritika Engineering Components'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.

Pritika Engineering Components Pretax Margin % Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Pretax Margin %
0.69 1.82 10.95 4.85

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Pretax Margin % - - - 5.62 4.00

Competitive Comparison of Pritika Engineering Components's Pretax Margin %

For the Auto Parts subindustry, Pritika Engineering Components'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.


Pritika Engineering Components's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pritika Engineering Components's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pritika Engineering Components's Pretax Margin % falls into.



Pritika Engineering Components 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.

Pritika Engineering Components'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 )
=39.95/823.23
=4.85 %

Pritika Engineering Components's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=15.598/390.095
=4.00 %

* 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.


Pritika Engineering Components  (NSE:PRITIKA) 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.


Pritika Engineering Components Pretax Margin % Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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