Hindware Home Innovation (BOM:542905) Tax Rate % : 4.82% (As of Dec. 2023)

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What is Hindware Home Innovation Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hindware Home Innovation's Tax Expense for the three months ended in Dec. 2023 was ₹3 Mil. Hindware Home Innovation's Pre-Tax Income for the three months ended in Dec. 2023 was ₹64 Mil. Therefore, Hindware Home Innovation's Tax Rate % for the quarter that ended in Dec. 2023 was 4.82%.

Hindware Home Innovation Tax Rate % Historical Data

The historical data trend for Hindware Home Innovation's Tax Rate % 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.

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Hindware Home Innovation Tax Rate % Chart

Hindware Home Innovation Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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35.51

30.32

40.66

17.02

35.47

Hindware Home Innovation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															26.53	25.37	82.87	17.38	4.82

Hindware Home Innovation Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hindware Home Innovation's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	365.251	/	1029.851
	=	35.47 %

Hindware Home Innovation's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	3.1	/	64.3
	=	4.82 %

Hindware Home Innovation Tax Rate % Related Terms

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Hindware Home Innovation (BOM:542905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hindware Home Innovation Ltd (BOM:542905) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HINDWAREAP:India

Address

Plot No. 68, Echelon Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.shilgroup.com

Hindware Home Innovation Ltd is engaged in manufacturing, selling and trading of building products, glass products, consumer products, plastic products, and retail business. Its product portfolio includes Kitchen Ensemble, Water heaters, Air coolers, Water purifiers, Air purifiers, and Window vents, among other products. Some of its brands are Hindware, Moonbow and Evok. The segments of the company include Building Products, Consumer appliances, and Retail business. The group operates in India. The company generates the majority of its revenue from Building products segment.

Hindware Home Innovation (BOM:542905) Headlines

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