Libas Consumer Products (NSE:LIBAS) Tax Rate %: 3.60% (As of Sep. 2024)


NSE:LIBAS Libas Consumer Products Ltd NSE:LIBAS
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What is Libas Consumer Products Tax Rate %?

Libas Consumer Products NSE:LIBAS -0.81% 4 Tax Rate % is 3.60% as of Sep. 2024. GuruFocus rates NSE:LIBAS with a GF Score™ of 4/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Libas Consumer Products's Tax Expense for the three months ended in Sep. 2024 was ₹0.7 Mil. Libas Consumer Products's Pre-Tax Income for the three months ended in Sep. 2024 was ₹18.1 Mil. Therefore, Libas Consumer Products's Tax Rate % for the quarter that ended in Sep. 2024 was 3.60%.

Libas Consumer Products Tax Rate % Related Terms

Libas Consumer Products Tax Rate % Historical Data

* Premium members only.

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Tax Rate % Chart

Libas Consumer Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.88 10.36 2.22 0.77

Libas Consumer Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 0.06 -0.40 1.06 5.45 3.60
NSE:LIBAS
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Libas Consumer Products Ltd NSE:LIBAS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Libas Consumer Products Tax Rate % Calculation

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

Libas Consumer Products'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 )
=0.402/52.524
=0.77 %

Libas Consumer Products's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.653/18.132
=3.60 %

* 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 3.60% mean?
Libas Consumer Products (NSE:LIBAS) has a Tax Rate % of 3.60% as of Sep. 2024.
Is Libas Consumer Products' Tax Rate % too high?
Libas Consumer Products' current Tax Rate % is 3.60%. Overall, Libas Consumer Products has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Libas Consumer Products' Tax Rate % compare to RL and LEVI?
Libas Consumer Products' Tax Rate % of 3.60% 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 Rate % for a Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories 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. Libas Consumer Products's current Tax Rate % is 3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Libas Consumer Products stock overvalued right now?
Libas Consumer Products (NSE:LIBAS) has a current Tax Rate % of 3.60%. The current Tax Rate % is 3.60%. Libas Consumer Products' overall GF Score™ is 4/100. 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 Libas Consumer Products (NSE:LIBAS), the current Tax Rate % is 3.60% as of Sep. 2024. 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.

Libas Consumer Products Business Description

Address Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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