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Solex Energy (NSE:SMSOLEX) Pretax Margin % : 3.74% (As of Mar. 2024)


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What is Solex Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solex Energy's Pre-Tax Income for the six months ended in Mar. 2024 was ₹102 Mil. Solex Energy's Revenue for the six months ended in Mar. 2024 was ₹2,729 Mil. Therefore, Solex Energy's pretax margin for the quarter that ended in Mar. 2024 was 3.74%.

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

NSE:SMSOLEX' s Pretax Margin % Range Over the Past 10 Years
Min: 1.24   Med: 3.06   Max: 4.56
Current: 3.15


NSE:SMSOLEX's Pretax Margin % is ranked worse than
55.53% of 985 companies
in the Semiconductors industry
Industry Median: 5.23 vs NSE:SMSOLEX: 3.15

Solex Energy Pretax Margin % Historical Data

The historical data trend for Solex Energy'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.

Solex Energy Pretax Margin % Chart

Solex Energy 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 4.52 2.96 1.71 2.38 3.15

Solex Energy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.03 -2.86 3.15 1.43 3.74

Competitive Comparison of Solex Energy's Pretax Margin %

For the Solar subindustry, Solex Energy'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.


Solex Energy's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Solex Energy's Pretax Margin % falls into.



Solex Energy 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.

Solex Energy'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 )
=115.415/3659.211
=3.15 %

Solex Energy'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 )
=102.096/2728.851
=3.74 %

* 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.


Solex Energy  (NSE:SMSOLEX) 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.


Solex Energy Pretax Margin % Related Terms

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Solex Energy (NSE:SMSOLEX) Business Description

Traded in Other Exchanges
N/A
Address
Near Madhuvan Circle, L.P. Savani Road, 310-303, Trinity Business Park, Pal, Surat, GJ, IND, 395009
Solex Energy Ltd is engaged in providing renewable energy solutions, specializing in the manufacturing of solar photovoltaic modules, solar home lights, solar street lights, solar lanterns, solar power plants, solar inverters, and solar water, among others.

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