GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Poly Medicure Ltd (NSE:POLYMED) » Definitions » Pretax Margin %

Poly Medicure (NSE:POLYMED) Pretax Margin % : 24.45% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Poly Medicure Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Poly Medicure's Pre-Tax Income for the three months ended in Mar. 2024 was ₹925 Mil. Poly Medicure's Revenue for the three months ended in Mar. 2024 was ₹3,781 Mil. Therefore, Poly Medicure's pretax margin for the quarter that ended in Mar. 2024 was 24.45%.

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

NSE:POLYMED' s Pretax Margin % Range Over the Past 10 Years
Min: 15.97   Med: 20.18   Max: 25.02
Current: 25.02


NSE:POLYMED's Pretax Margin % is ranked better than
90.34% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -0.535 vs NSE:POLYMED: 25.02

Poly Medicure Pretax Margin % Historical Data

The historical data trend for Poly Medicure'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.

Poly Medicure Pretax Margin % Chart

Poly Medicure 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 18.79 23.23 21.29 21.30 25.02

Poly Medicure 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 24.49 25.88 24.00 25.86 24.45

Competitive Comparison of Poly Medicure's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Poly Medicure'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.


Poly Medicure's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Poly Medicure's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Poly Medicure's Pretax Margin % falls into.



Poly Medicure 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.

Poly Medicure'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 )
=3442.691/13757.963
=25.02 %

Poly Medicure'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 )
=924.568/3780.742
=24.45 %

* 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.


Poly Medicure  (NSE:POLYMED) 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.


Poly Medicure Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Poly Medicure's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Poly Medicure (NSE:POLYMED) Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, 232-B, 3rd Floor, Phase III, New Delhi, IND, 110020
Poly Medicure Ltd engages in the manufacturing and sale of medical devices. It offers disposable medical devices for infusion therapy, blood management, gastroenterology, surgery and wound drainage, anesthesia, and urology. Some of its products include Ventilator Circuit Combo Kits, Bain Circuits, Safety Introducer Needles, High-Pressure Vaccum Bottle-Triplet, Catheters, and others. Geographically, it derives a majority of its revenue from exports. The company operates under one segment namely Medical Devices.

Poly Medicure (NSE:POLYMED) Headlines

No Headlines