Pincon Spirit (NSE:PINCON) Tax Expense: ₹257 Mil (TTM As of Sep. 2017)


What is Pincon Spirit Tax Expense?

Pincon Spirit NSE:PINCON Tax Expense is ₹257 Mil as of Sep. 2017.

Pincon Spirit's tax expense for the months ended in Sep. 2017 was ₹131 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2017 was ₹257 Mil.

Pincon Spirit  (NSE:PINCON) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Pincon Spirit Tax Expense Related Terms

Pincon Spirit Tax Expense Historical Data

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The historical data trend for Pincon Spirit's Tax Expense 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.

Pincon Spirit Tax Expense Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Tax Expense
51.21 88.86 133.38 226.32

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Tax Expense Get a 7-Day Free Trial 0.00 0.00 100.44 125.88 131.07

Pincon Spirit Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹257 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 Expense →
What does a Tax Expense of ₹257 Mil mean?
Pincon Spirit (NSE:PINCON) has a Tax Expense of ₹257 Mil as of Sep. 2017. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Tax Expense too high?
Pincon Spirit's current Tax Expense is ₹257 Mil.
How does Pincon Spirit's Tax Expense compare to THST and JCTG?
Pincon Spirit's Tax Expense of ₹257 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Beverages - Alcoholic company?
A good Tax Expense depends on the Beverages - Alcoholic industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Pincon Spirit and its competitors. Pincon Spirit's current Tax Expense is ₹257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Tax Expense of ₹257 Mil. The current Tax Expense is ₹257 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Pincon Spirit (NSE:PINCON), the current Tax Expense is ₹257 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.