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Asian Paints (BOM:500820) Pretax Margin % : 21.68% (As of Dec. 2023)


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What is Asian Paints Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Asian Paints's Pre-Tax Income for the three months ended in Dec. 2023 was ₹19,678 Mil. Asian Paints's Revenue for the three months ended in Dec. 2023 was ₹90,749 Mil. Therefore, Asian Paints's pretax margin for the quarter that ended in Dec. 2023 was 21.68%.

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

BOM:500820' s Pretax Margin % Range Over the Past 10 Years
Min: 14.47   Med: 17.74   Max: 20.97
Current: 20.97


BOM:500820's Pretax Margin % is ranked better than
89.77% of 1534 companies
in the Chemicals industry
Industry Median: 5.625 vs BOM:500820: 20.97

Asian Paints Pretax Margin % Historical Data

The historical data trend for Asian Paints'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.

Asian Paints Pretax Margin % Chart

Asian Paints 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 17.36 18.11 20.02 14.47 16.54

Asian Paints 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 17.17 19.49 23.00 19.53 21.68

Competitive Comparison of Asian Paints's Pretax Margin %

For the Specialty Chemicals subindustry, Asian Paints'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.


Asian Paints's Pretax Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Asian Paints's Pretax Margin % falls into.



Asian Paints 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.

Asian Paints'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 )
=56888.3/343887.1
=16.54 %

Asian Paints'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 )
=19677.8/90749.4
=21.68 %

* 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.


Asian Paints  (BOM:500820) 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.


Asian Paints Pretax Margin % Related Terms

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Asian Paints (BOM:500820) Business Description

Traded in Other Exchanges
Address
Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

Asian Paints (BOM:500820) Headlines

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