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Steel Authority Of India (NSE:SAIL) Pretax Margin % : 2.41% (As of Dec. 2023)


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What is Steel Authority Of India Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Steel Authority Of India's Pre-Tax Income for the three months ended in Dec. 2023 was ₹5,627 Mil. Steel Authority Of India's Revenue for the three months ended in Dec. 2023 was ₹233,486 Mil. Therefore, Steel Authority Of India's pretax margin for the quarter that ended in Dec. 2023 was 2.41%.

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

NSE:SAIL' s Pretax Margin % Range Over the Past 10 Years
Min: -18.6   Med: 5.16   Max: 15.74
Current: 3.93


NSE:SAIL's Pretax Margin % is ranked better than
52.33% of 602 companies
in the Steel industry
Industry Median: 3.54 vs NSE:SAIL: 3.93

Steel Authority Of India Pretax Margin % Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Pretax Margin % Chart

Steel Authority Of India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 5.42 10.54 15.74 2.77

Steel Authority Of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.90 5.36 1.18 5.96 2.41

Competitive Comparison of Steel Authority Of India's Pretax Margin %

For the Steel subindustry, Steel Authority Of India'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.


Steel Authority Of India's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Pretax Margin % falls into.



Steel Authority Of India 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.

Steel Authority Of India'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 )
=28924.4/1044477.2
=2.77 %

Steel Authority Of India's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=5626.6/233486.4
=2.41 %

* 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.


Steel Authority Of India  (NSE:SAIL) 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.


Steel Authority Of India Pretax Margin % Related Terms

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Steel Authority Of India (NSE:SAIL) Business Description

Traded in Other Exchanges
Address
Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.

Steel Authority Of India (NSE:SAIL) Headlines

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