The historical rank and industry rank for Hindalco Industries's Pretax Margin % or its related term are showing as below:
NSE:HINDALCO'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.04 Med: 5.98 Max: 10.1
Current: 6.49
NSE:HINDALCO's Pretax Margin % is ranked better than 67.21% of 857
companies
in the Metals & Mining industry
Industry Median: 0.57
vs NSE:HINDALCO: 6.49
Hindalco Industries Pretax Margin % Historical Data
The historical data trend for Hindalco Industries'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.
Competitive Comparison of Hindalco Industries's Pretax Margin %
For the Aluminum subindustry, Hindalco Industries'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.
Hindalco Industries's Pretax Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hindalco Industries's Pretax Margin % falls into.
Hindalco Industries 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.
Hindalco Industries's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
Hindalco Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Hindalco Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hindalco Industries (NSE:HINDALCO) Business Description
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:HINDALCO has been successfully added to your 