GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Signet Industries Ltd (NSE:SIGIND) » Definitions » Pretax Margin %

Signet Industries (NSE:SIGIND) Pretax Margin % : 1.94% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Signet Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Signet Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹67 Mil. Signet Industries's Revenue for the three months ended in Mar. 2024 was ₹3,441 Mil. Therefore, Signet Industries's pretax margin for the quarter that ended in Mar. 2024 was 1.94%.

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

NSE:SIGIND' s Pretax Margin % Range Over the Past 10 Years
Min: 1.33   Med: 2.11   Max: 2.91
Current: 1.9


NSE:SIGIND's Pretax Margin % is ranked worse than
67.61% of 1522 companies
in the Chemicals industry
Industry Median: 5.525 vs NSE:SIGIND: 1.90

Signet Industries Pretax Margin % Historical Data

The historical data trend for Signet Industries'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.

Signet Industries Pretax Margin % Chart

Signet Industries 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 1.95 1.42 1.33 1.88 1.90

Signet Industries 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 2.32 1.48 1.77 2.36 1.94

Competitive Comparison of Signet Industries's Pretax Margin %

For the Specialty Chemicals subindustry, Signet Industries'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.


Signet Industries's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Signet Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Signet Industries's Pretax Margin % falls into.



Signet Industries 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.

Signet Industries'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 )
=230.614/12130.383
=1.90 %

Signet Industries'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 )
=66.803/3441.334
=1.94 %

* 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.


Signet Industries  (NSE:SIGIND) 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.


Signet Industries Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Signet Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Signet Industries (NSE:SIGIND) Business Description

Traded in Other Exchanges
Address
Lasudia Mori, Dewas Naka, Survey Number 314/3, SDA Compound, Indore, MP, IND, 452010
Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household and plastic molded furniture's. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment comprises of manufacturing of irrigation and plastic products. Its Windmill includes the wind turbine power unit and the Trading segment involves the trading of Polymers and Plastic Granuals. It derives prime revenue from India.

Signet Industries (NSE:SIGIND) Headlines

No Headlines