GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Tax Rate %

Ratnaveer Precision Engineering (BOM:543978) Tax Rate % : 14.36% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Ratnaveer Precision Engineering Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ratnaveer Precision Engineering's Tax Expense for the three months ended in Dec. 2024 was ₹19 Mil. Ratnaveer Precision Engineering's Pre-Tax Income for the three months ended in Dec. 2024 was ₹132 Mil. Therefore, Ratnaveer Precision Engineering's Tax Rate % for the quarter that ended in Dec. 2024 was 14.36%.

Ratnaveer Precision Engineering Tax Rate % Historical Data

The historical data trend for Ratnaveer Precision Engineering'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.

* Premium members only.

Ratnaveer Precision Engineering Tax Rate % Chart

Ratnaveer Precision Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
29.76 43.09 29.55 18.46 20.57

Ratnaveer Precision Engineering Quarterly Data
Mar20 Mar21 Mar22 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.01 -0.48 28.31 32.50 14.36

Ratnaveer Precision Engineering Tax Rate % Calculation

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

Ratnaveer Precision Engineering's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=80.43/390.93
=20.57 %

Ratnaveer Precision Engineering's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=18.96/132.05
=14.36 %

* 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.

Ratnaveer Precision Engineering Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ratnaveer Precision Engineering's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ratnaveer Precision Engineering Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Tax Rate %
Comparable Companies
BOM:531638 BOM:532741 NSE:VRAJ BOM:532721 BOM:512025 BOM:539018 BOM:526608 BOM:534748 BOM:533270 BOM:539799 NUE BOM:500228 TSE:5401 XAMS:MT SHSE:600019 NSE:TATASTEEL STLD RS XKRX:005490 MIC:CHMF
Traded in Other Exchanges
RATNAVEER:India
Address
Dr. Vikram Sarabhai Road, 703/704, OCEAN, Vikram Sarabhai Campus, Near Center Square Mall, Vadodara, GJ, IND, 390023
Website
https://www.ratnaveer.com
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.

Ratnaveer Precision Engineering Headlines

No Headlines