CMM Infraprojects (NSE:CMMIPL) Tax Rate %: 36.45% (As of Mar. 2018)

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What is CMM Infraprojects Tax Rate %?

CMM Infraprojects NSE:CMMIPL Tax Rate % is 36.45% as of Mar. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CMM Infraprojects's Tax Expense for the six months ended in Mar. 2018 was ₹19 Mil. CMM Infraprojects's Pre-Tax Income for the six months ended in Mar. 2018 was ₹51 Mil. Therefore, CMM Infraprojects's Tax Rate % for the quarter that ended in Mar. 2018 was 36.45%.

CMM Infraprojects Tax Rate % Related Terms

CMM Infraprojects Tax Rate % Historical Data

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The historical data trend for CMM Infraprojects'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.

CMM Infraprojects Tax Rate % Chart

CMM Infraprojects Annual Data
Trend Mar17 Mar18
Tax Rate %
26.33 34.46

CMM Infraprojects Semi-Annual Data
Mar17 Sep17 Mar18
Tax Rate % 0.00 33.28 36.45

CMM Infraprojects Tax Rate % Calculation

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

CMM Infraprojects's Tax Rate % for the fiscal year that ended in Mar. 2018 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2018 )/Pre-Tax Income (A: Mar. 2018 )
=47.368/137.458
=34.46 %

CMM Infraprojects's Tax Rate % for the quarter that ended in Mar. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2018 )/Pre-Tax Income (Q: Mar. 2018 )
=18.697/51.301
=36.45 %

* 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 Rate % →
What does a Tax Rate % of 36.45% mean?
CMM Infraprojects (NSE:CMMIPL) has a Tax Rate % of 36.45% as of Mar. 2018.
Is CMM Infraprojects' Tax Rate % too high?
CMM Infraprojects' current Tax Rate % is 36.45%.
How does CMM Infraprojects' Tax Rate % compare to competitors?
CMM Infraprojects' Tax Rate % of 36.45% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. CMM Infraprojects's current Tax Rate % is 36.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMM Infraprojects stock overvalued right now?
CMM Infraprojects (NSE:CMMIPL) has a current Tax Rate % of 36.45%. The current Tax Rate % is 36.45%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For CMM Infraprojects (NSE:CMMIPL), the current Tax Rate % is 36.45% as of Mar. 2018. 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.

CMM Infraprojects Business Description

Address 108, Shalimar Corporate Centre, 8-B South Tukoganj, Indore, MP, IND, 452001
CMM Infraprojects Ltd is engaged in civil engineering activities. It is an engineering and construction contractor in the fields of constructing public housing, commercial complexes, public parks, corporate & IT offices, sewerage & irrigation projects and highways. It has construction projects across the nation.