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Visa Steel (NSE:VISASTEEL) Pretax Margin % : -27.18% (As of Dec. 2023)


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What is Visa Steel Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Visa Steel's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-244 Mil. Visa Steel's Revenue for the three months ended in Dec. 2023 was ₹896 Mil. Therefore, Visa Steel's pretax margin for the quarter that ended in Dec. 2023 was -27.18%.

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

NSE:VISASTEEL' s Pretax Margin % Range Over the Past 10 Years
Min: -124.3   Med: -10.92   Max: 259.92
Current: -13.84


NSE:VISASTEEL's Pretax Margin % is ranked worse than
92.36% of 602 companies
in the Steel industry
Industry Median: 3.625 vs NSE:VISASTEEL: -13.84

Visa Steel Pretax Margin % Historical Data

The historical data trend for Visa Steel'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.

Visa Steel Pretax Margin % Chart

Visa Steel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.53 -28.36 -124.30 -7.95 259.92

Visa Steel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,077.88 -22.96 -5.96 -13.03 -27.18

Competitive Comparison of Visa Steel's Pretax Margin %

For the Steel subindustry, Visa Steel'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.


Visa Steel's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Visa Steel's Pretax Margin % falls into.



Visa Steel 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.

Visa Steel'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 )
=16602.8/6387.65
=259.92 %

Visa Steel's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-243.61/896.26
=-27.18 %

* 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.


Visa Steel  (NSE:VISASTEEL) 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.


Visa Steel Pretax Margin % Related Terms

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Visa Steel (NSE:VISASTEEL) Business Description

Traded in Other Exchanges
Address
8/10 Alipore Road, VISA House, Kolkata, WB, IND, 700027
Visa Steel Ltd is an India-based mineral, metal, and energy company. It is engaged in the manufacturing of iron and steel products, including pig iron, sponge iron, special steel, and high carbon ferrochrome with the captive power plant at Kalinganagar, Odisha. The Company's segments include Special Steel and Ferro Alloys. The Special Steel segment includes bars and wire rods, billets and blooms, pig iron and sponge iron, and other allied products. The firm's products range consists of special steel long products, Ferro Chrome and Coke. The firm generates a majority of its revenue from India.

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