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Accord Synergy (NSE:ACCORD) Pretax Margin % : 2.48% (As of Mar. 2023)


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What is Accord Synergy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Accord Synergy's Pre-Tax Income for the six months ended in Mar. 2023 was ₹3.4 Mil. Accord Synergy's Revenue for the six months ended in Mar. 2023 was ₹135.7 Mil. Therefore, Accord Synergy's pretax margin for the quarter that ended in Mar. 2023 was 2.48%.

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

NSE:ACCORD' s Pretax Margin % Range Over the Past 10 Years
Min: -23.94   Med: 5.32   Max: 6.54
Current: 1.18


NSE:ACCORD's Pretax Margin % is ranked worse than
67.46% of 378 companies
in the Telecommunication Services industry
Industry Median: 6.02 vs NSE:ACCORD: 1.18

Accord Synergy Pretax Margin % Historical Data

The historical data trend for Accord Synergy'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.

Accord Synergy Pretax Margin % Chart

Accord Synergy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 5.82 3.58 3.84 -23.94 1.18

Accord Synergy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 4.78 -12.22 -42.46 -1.50 2.48

Competitive Comparison of Accord Synergy's Pretax Margin %

For the Telecom Services subindustry, Accord Synergy'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.


Accord Synergy's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Accord Synergy's Pretax Margin % falls into.



Accord Synergy 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.

Accord Synergy'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 )
=2.381/201.469
=1.18 %

Accord Synergy's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=3.366/135.714
=2.48 %

* 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.


Accord Synergy  (NSE:ACCORD) 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.


Accord Synergy Pretax Margin % Related Terms

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Accord Synergy (NSE:ACCORD) Business Description

Traded in Other Exchanges
N/A
Address
302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007
Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

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