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Swastik Pipe (NSE:SWASTIK) Pretax Margin % : 1.73% (As of Mar. 2023)


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What is Swastik Pipe Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Swastik Pipe's Pre-Tax Income for the six months ended in Mar. 2023 was ₹122 Mil. Swastik Pipe's Revenue for the six months ended in Mar. 2023 was ₹7,036 Mil. Therefore, Swastik Pipe's pretax margin for the quarter that ended in Mar. 2023 was 1.73%.

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

NSE:SWASTIK' s Pretax Margin % Range Over the Past 10 Years
Min: -3.18   Med: 1.09   Max: 3.57
Current: 1.73


NSE:SWASTIK's Pretax Margin % is ranked worse than
64.27% of 599 companies
in the Steel industry
Industry Median: 3.54 vs NSE:SWASTIK: 1.73

Swastik Pipe Pretax Margin % Historical Data

The historical data trend for Swastik Pipe'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.

Swastik Pipe Pretax Margin % Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Pretax Margin %
-3.18 0.44 3.57 1.73

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Pretax Margin % -3.18 0.44 3.57 1.73

Competitive Comparison of Swastik Pipe's Pretax Margin %

For the Steel subindustry, Swastik Pipe'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.


Swastik Pipe's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Swastik Pipe's Pretax Margin % falls into.



Swastik Pipe 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.

Swastik Pipe'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 )
=121.782/7035.883
=1.73 %

Swastik Pipe'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 )
=121.782/7035.883
=1.73 %

* 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.


Swastik Pipe  (NSE:SWASTIK) 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.


Swastik Pipe Pretax Margin % Related Terms

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Swastik Pipe (NSE:SWASTIK) Business Description

Traded in Other Exchanges
N/A
Address
2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026
Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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