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Ashish Polyplast (BOM:530429) Pretax Margin % : 2.82% (As of Mar. 2024)


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What is Ashish Polyplast Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ashish Polyplast's Pre-Tax Income for the three months ended in Mar. 2024 was ₹1.1 Mil. Ashish Polyplast's Revenue for the three months ended in Mar. 2024 was ₹39.8 Mil. Therefore, Ashish Polyplast's pretax margin for the quarter that ended in Mar. 2024 was 2.82%.

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

BOM:530429' s Pretax Margin % Range Over the Past 10 Years
Min: 1.24   Med: 1.77   Max: 6.12
Current: 6.12


BOM:530429's Pretax Margin % is ranked better than
52.69% of 1526 companies
in the Chemicals industry
Industry Median: 5.525 vs BOM:530429: 6.12

Ashish Polyplast Pretax Margin % Historical Data

The historical data trend for Ashish Polyplast'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.

Ashish Polyplast Pretax Margin % Chart

Ashish Polyplast 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 1.24 3.36 3.00 1.63 6.12

Ashish Polyplast 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 0.68 6.26 4.48 10.99 2.82

Competitive Comparison of Ashish Polyplast's Pretax Margin %

For the Specialty Chemicals subindustry, Ashish Polyplast'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.


Ashish Polyplast's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ashish Polyplast's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ashish Polyplast's Pretax Margin % falls into.



Ashish Polyplast 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.

Ashish Polyplast'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 )
=9.754/159.413
=6.12 %

Ashish Polyplast'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 )
=1.123/39.784
=2.82 %

* 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.


Ashish Polyplast  (BOM:530429) 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.


Ashish Polyplast Pretax Margin % Related Terms

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Ashish Polyplast (BOM:530429) Business Description

Traded in Other Exchanges
N/A
Address
501, Fortune Business Hub, Near Satyomev Elysium, Near Science City, Sola, Ahmedabad, GJ, IND, 380060
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polymerization of vinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The company's product portfolio includes Realon Air & Pneumatic Hose - Transparent, Realon Welding Hose - Red & Blue, Realon Water Hose, Realon Car Washing Hose, and Realon Rock Drilling Hose - Transparent.

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