GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ICICI Prudential Life Insurance Company Limited (BOM:540133) » Definitions » Pretax Margin %

ICICI Prudential Life Insurance Company Limited (BOM:540133) Pretax Margin % : 1.04% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is ICICI Prudential Life Insurance Company Limited Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ICICI Prudential Life Insurance Company Limited's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,341 Mil. ICICI Prudential Life Insurance Company Limited's Revenue for the three months ended in Mar. 2024 was ₹225,323 Mil. Therefore, ICICI Prudential Life Insurance Company Limited's pretax margin for the quarter that ended in Mar. 2024 was 1.04%.

The historical rank and industry rank for ICICI Prudential Life Insurance Company Limited's Pretax Margin % or its related term are showing as below:

BOM:540133' s Pretax Margin % Range Over the Past 10 Years
Min: 1.03   Med: 3.67   Max: 8.75
Current: 1.03


BOM:540133's Pretax Margin % is ranked worse than
86.86% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs BOM:540133: 1.03

ICICI Prudential Life Insurance Company Limited Pretax Margin % Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited'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.

ICICI Prudential Life Insurance Company Limited Pretax Margin % Chart

ICICI Prudential Life Insurance Company Limited 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 5.31 1.30 1.28 1.83 1.03

ICICI Prudential Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.90 0.89 1.42 0.88 1.04

Competitive Comparison of ICICI Prudential Life Insurance Company Limited's Pretax Margin %

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Company Limited'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.


ICICI Prudential Life Insurance Company Limited's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Company Limited's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Company Limited's Pretax Margin % falls into.



ICICI Prudential Life Insurance Company Limited 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.

ICICI Prudential Life Insurance Company Limited'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 )
=9205.2/896948
=1.03 %

ICICI Prudential Life Insurance Company Limited's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2341.3/225322.8
=1.04 %

* 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.


ICICI Prudential Life Insurance Company Limited  (BOM:540133) 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.


ICICI Prudential Life Insurance Company Limited Pretax Margin % Related Terms

Thank you for viewing the detailed overview of ICICI Prudential Life Insurance Company Limited's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ICICI Prudential Life Insurance Company Limited (BOM:540133) Business Description

Traded in Other Exchanges
Address
1089 Appasaheb Marathe Marg, ICICI Pru Life Towers, 1st and 2nd Floor, Cnergy IT Park, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Company Limited offers products across savings, investments, and protection categories that match the different life stage requirements of customers and enable them to achieve their long-term financial goals. The company has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to customers. Its segments are Par Life, Par Pension, Non Par Life, Non Par Pension, Non Par Variable, Non Par Variable Pension, Annuity Non Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, Linked Group Pension, and Group Pension Share holders.

ICICI Prudential Life Insurance Company Limited (BOM:540133) Headlines

No Headlines