HI-Green Carbon (NSE:HIGREEN) Pretax Margin % : 20.54% (As of Mar. 2023)

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What is HI-Green Carbon Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HI-Green Carbon's Pre-Tax Income for the six months ended in Mar. 2023 was ₹161.3 Mil. HI-Green Carbon's Revenue for the six months ended in Mar. 2023 was ₹785.2 Mil. Therefore, HI-Green Carbon's pretax margin for the quarter that ended in Mar. 2023 was 20.54%.

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

NSE:HIGREEN' s Pretax Margin % Range Over the Past 10 Years
Min: 0.54 Med: 9.13 Max: 20.55
Current: 20.55

NSE:HIGREEN's Pretax Margin % is ranked better than
89.78% of 1526 companies
in the Chemicals industry
Industry Median: 5.56 vs NSE:HIGREEN: 20.55

HI-Green Carbon Pretax Margin % Historical Data

The historical data trend for HI-Green Carbon'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.

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HI-Green Carbon Pretax Margin % Chart

HI-Green Carbon Annual Data

Trend

Mar21

Mar22

Mar23

Pretax Margin %

0.54

9.13

20.54

HI-Green Carbon Semi-Annual Data
	Mar21	Mar22	Mar23
Pretax Margin %	0.54	9.13	20.54

Competitive Comparison of HI-Green Carbon's Pretax Margin %

For the Specialty Chemicals subindustry, HI-Green Carbon'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.

HI-Green Carbon's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, HI-Green Carbon's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HI-Green Carbon's Pretax Margin % falls into.

HI-Green Carbon 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.

HI-Green Carbon's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	161.326	/	785.241
	=	20.54 %

HI-Green Carbon's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	161.326	/	785.241
	=	20.54 %

HI-Green Carbon (NSE:HIGREEN) 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.

HI-Green Carbon Pretax Margin % Related Terms

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HI-Green Carbon (NSE:HIGREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.higreencarbon.com

HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

HI-Green Carbon (NSE:HIGREEN) Headlines

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