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CreditAccess Grameen (BOM:541770) Pretax Margin % : 38.03% (As of Mar. 2024)


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What is CreditAccess Grameen Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CreditAccess Grameen's Pre-Tax Income for the three months ended in Mar. 2024 was ₹5,295 Mil. CreditAccess Grameen's Revenue for the three months ended in Mar. 2024 was ₹13,923 Mil. Therefore, CreditAccess Grameen's pretax margin for the quarter that ended in Mar. 2024 was 38.03%.

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

BOM:541770' s Pretax Margin % Range Over the Past 10 Years
Min: 7.89   Med: 29.02   Max: 41.04
Current: 38.84


BOM:541770's Pretax Margin % is ranked better than
69.81% of 520 companies
in the Credit Services industry
Industry Median: 19.8 vs BOM:541770: 38.84

CreditAccess Grameen Pretax Margin % Historical Data

The historical data trend for CreditAccess Grameen'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.

CreditAccess Grameen Pretax Margin % Chart

CreditAccess Grameen 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 28.12 7.89 18.88 33.03 38.84

CreditAccess Grameen 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 40.86 42.06 38.34 37.40 38.03

Competitive Comparison of CreditAccess Grameen's Pretax Margin %

For the Credit Services subindustry, CreditAccess Grameen'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.


CreditAccess Grameen's Pretax Margin % Distribution in the Credit Services Industry

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

* The bar in red indicates where CreditAccess Grameen's Pretax Margin % falls into.



CreditAccess Grameen 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.

CreditAccess Grameen'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 )
=19391.8/49925.3
=38.84 %

CreditAccess Grameen'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 )
=5294.7/13923.1
=38.03 %

* 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.


CreditAccess Grameen  (BOM:541770) 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.


CreditAccess Grameen Pretax Margin % Related Terms

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CreditAccess Grameen (BOM:541770) Business Description

Traded in Other Exchanges
Address
New No. 49 (Old No. 725), 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070
CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes income generation loans, home improvement loans, emergency loans, family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, life insurance, and others.

CreditAccess Grameen (BOM:541770) Headlines

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