GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Elxsi Ltd (BOM:500408) » Definitions » Pretax Margin %

Tata Elxsi (BOM:500408) Pretax Margin % : 28.97% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Tata Elxsi Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tata Elxsi's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,624 Mil. Tata Elxsi's Revenue for the three months ended in Mar. 2024 was ₹9,059 Mil. Therefore, Tata Elxsi's pretax margin for the quarter that ended in Mar. 2024 was 28.97%.

The historical rank and industry rank for Tata Elxsi's Pretax Margin % or its related term are showing as below:

BOM:500408' s Pretax Margin % Range Over the Past 10 Years
Min: 18.36   Med: 26.7   Max: 30.17
Current: 29.52


BOM:500408's Pretax Margin % is ranked better than
93.96% of 2764 companies
in the Software industry
Industry Median: 2.315 vs BOM:500408: 29.52

Tata Elxsi Pretax Margin % Historical Data

The historical data trend for Tata Elxsi's Pretax Margin % 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.

Tata Elxsi Pretax Margin % Chart

Tata Elxsi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.89 28.03 30.17 29.81 29.52

Tata Elxsi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 29.86 29.21 29.93 29.98 28.97

Competitive Comparison of Tata Elxsi's Pretax Margin %

For the Software - Application subindustry, Tata Elxsi's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Elxsi's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Tata Elxsi's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tata Elxsi's Pretax Margin % falls into.



Tata Elxsi Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tata Elxsi's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=10486.76/35521.457
=29.52 %

Tata Elxsi's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2624.087/9059.434
=28.97 %

* 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.


Tata Elxsi  (BOM:500408) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Tata Elxsi Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Tata Elxsi's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tata Elxsi (BOM:500408) Business Description

Traded in Other Exchanges
Address
ITPB Road, Whitefield, Bengaluru, KA, IND, 560 048
Tata Elxsi Ltd is an India-based provider of design and technology services for the aerospace and defense, automotive, broadcasting and media, communications, consumer products, healthcare, semiconductor, and automotive industries. Its solutions include product engineering, design, Big Data analytics, Internet of Things, content development, artificial intelligence, virtual reality, and systems integration. The firm has operations in India, US, Europe, and Others.

Tata Elxsi (BOM:500408) Headlines

No Headlines