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Astral (NSE:ASTRAL) Pretax Margin % : 14.84% (As of Mar. 2024)


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What is Astral Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Astral's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,412 Mil. Astral's Revenue for the three months ended in Mar. 2024 was ₹16,251 Mil. Therefore, Astral's pretax margin for the quarter that ended in Mar. 2024 was 14.84%.

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

NSE:ASTRAL' s Pretax Margin % Range Over the Past 10 Years
Min: 7.76   Med: 11.92   Max: 16.81
Current: 13


NSE:ASTRAL's Pretax Margin % is ranked better than
81.87% of 1655 companies
in the Construction industry
Industry Median: 4.51 vs NSE:ASTRAL: 13.00

Astral Pretax Margin % Historical Data

The historical data trend for Astral'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.

Astral Pretax Margin % Chart

Astral 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 11.90 16.81 14.79 11.93 13.00

Astral 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 17.55 12.59 12.97 11.23 14.84

Competitive Comparison of Astral's Pretax Margin %

For the Building Products & Equipment subindustry, Astral'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.


Astral's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Astral's Pretax Margin % distribution charts can be found below:

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



Astral 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.

Astral'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 )
=7335/56414
=13.00 %

Astral'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 )
=2412/16251
=14.84 %

* 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.


Astral  (NSE:ASTRAL) 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.


Astral Pretax Margin % Related Terms

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Astral (NSE:ASTRAL) Business Description

Traded in Other Exchanges
Address
Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059
Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.

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