Morarjee Textiles (NSE:MORARJEE) Tax Provision: ₹-2.3 Mil (TTM As of Dec. 2023)

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NSE:MORARJEE Morarjee Textiles Ltd NSE:MORARJEE
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What is Morarjee Textiles Tax Provision?

Morarjee Textiles NSE:MORARJEE 4 Tax Provision is ₹-2.3 Mil as of Dec. 2023. GuruFocus rates NSE:MORARJEE with a GF Score™ of 4/100.

Morarjee Textiles's tax provision for the three months ended in Dec. 2023 was ₹0.0 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2.3 Mil.

Morarjee Textiles Tax Provision Historical Data

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The historical data trend for Morarjee Textiles's Tax Provision 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.

Morarjee Textiles Tax Provision Chart

Morarjee Textiles Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.06 107.88 123.63 0.00 -0.46

Morarjee Textiles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Provision 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 0.00 -0.46 0.00 -1.80 0.00
NSE:MORARJEE
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Morarjee Textiles Ltd NSE:MORARJEE
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Morarjee Textiles Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2.3 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ₹-2.3 Mil mean?
Morarjee Textiles (NSE:MORARJEE) has a Tax Provision of ₹-2.3 Mil as of Dec. 2023. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Morarjee Textiles and its competitors.
Is Morarjee Textiles' Tax Provision too high?
Morarjee Textiles' current Tax Provision is ₹-2.3 Mil. Overall, Morarjee Textiles has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Morarjee Textiles' Tax Provision compare to competitors?
Morarjee Textiles' Tax Provision of ₹-2.3 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Manufacturing - Apparel & Accessories company?
A good Tax Provision depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Morarjee Textiles and its competitors. Morarjee Textiles's current Tax Provision is ₹-2.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morarjee Textiles stock overvalued right now?
Morarjee Textiles (NSE:MORARJEE) has a current Tax Provision of ₹-2.3 Mil. The current Tax Provision is ₹-2.3 Mil. Morarjee Textiles' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Morarjee Textiles (NSE:MORARJEE), the current Tax Provision is ₹-2.3 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Morarjee Textiles Business Description

Address Ganpatrao Kadam Marg, Unit 5, Ground Floor, Wing B, Peninsula Corporate Park, Peninsula Tower - 1, Lower Parel West, Mumbai, MH, IND, 400013
Morarjee Textiles Ltd is involved in the textile manufacturing business sector. The firm deals in the manufacture of yarn and fabrics. Its products include white fabric, voiles, yarn, and fashion prints among others.
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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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