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IIFL Finance (BOM:532636) Pretax Margin % : 42.47% (As of Dec. 2023)


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What is IIFL Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IIFL Finance's Pre-Tax Income for the three months ended in Dec. 2023 was ₹7,163 Mil. IIFL Finance's Revenue for the three months ended in Dec. 2023 was ₹16,865 Mil. Therefore, IIFL Finance's pretax margin for the quarter that ended in Dec. 2023 was 42.47%.

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

BOM:532636' s Pretax Margin % Range Over the Past 10 Years
Min: 27.11   Med: 38.63   Max: 47.48
Current: 46.77


BOM:532636's Pretax Margin % is ranked better than
74.71% of 526 companies
in the Credit Services industry
Industry Median: 19.64 vs BOM:532636: 46.77

IIFL Finance Pretax Margin % Historical Data

The historical data trend for IIFL Finance'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.

IIFL Finance Pretax Margin % Chart

IIFL Finance 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 45.25 29.61 30.20 38.19 40.54

IIFL Finance 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 41.58 48.82 50.08 47.23 42.47

Competitive Comparison of IIFL Finance's Pretax Margin %

For the Credit Services subindustry, IIFL Finance'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.


IIFL Finance's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IIFL Finance's Pretax Margin % distribution charts can be found below:

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



IIFL Finance 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.

IIFL Finance'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 )
=21125.2/52115.1
=40.54 %

IIFL Finance'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 )
=7163.2/16865
=42.47 %

* 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.


IIFL Finance  (BOM:532636) 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.


IIFL Finance Pretax Margin % Related Terms

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IIFL Finance (BOM:532636) Business Description

Traded in Other Exchanges
Address
N.S. Phadke Marg, 802, 8 th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069
IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.

IIFL Finance (BOM:532636) Headlines

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