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Race Eco Chain (BOM:537785) Pretax Margin % : % (As of Sep. 2023)


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What is Race Eco Chain Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Race Eco Chain's Pre-Tax Income for the six months ended in Sep. 2023 was ₹0 Mil. Race Eco Chain's Revenue for the six months ended in Sep. 2023 was ₹0 Mil. Therefore, Race Eco Chain's pretax margin for the quarter that ended in Sep. 2023 was %.

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

BOM:537785' s Pretax Margin % Range Over the Past 10 Years
Min: 0.09   Med: 0.41   Max: 2.51
Current: 0.65


BOM:537785's Pretax Margin % is ranked worse than
68.4% of 231 companies
in the Waste Management industry
Industry Median: 5.74 vs BOM:537785: 0.65

Race Eco Chain Pretax Margin % Historical Data

The historical data trend for Race Eco Chain'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.

Race Eco Chain Pretax Margin % Chart

Race Eco Chain 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 0.11 2.51 0.68 0.66 0.79

Race Eco Chain Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.54 0.69 0.65 - -

Competitive Comparison of Race Eco Chain's Pretax Margin %

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Pretax Margin % falls into.



Race Eco Chain 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.

Race Eco Chain'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 )
=27.29/3474.813
=0.79 %

Race Eco Chain's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=0/0
= %

* 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.


Race Eco Chain  (BOM:537785) 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.


Race Eco Chain Pretax Margin % Related Terms

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Race Eco Chain (BOM:537785) Business Description

Traded in Other Exchanges
Address
Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's business segments are Biomass Fuel; Plastic Waste; and Recycled Products. It generates the majority of its revenue from the Plastic Waste segment.

Race Eco Chain (BOM:537785) Headlines

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