SML MahindraBOM:505192 +2.79%57 Pretax Margin % is 8.09% as of Mar. 2026, which is 499% above its 10-year median of 1.35. GuruFocus rates BOM:505192 with a GF Score™ of 57/100 and a GF Value™ of ₹2,420.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,321 Vehicles & Parts companies, SML Mahindra ranks better than 67.9% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SML Mahindra's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹726 Mil. SML Mahindra's Revenue for the
three
months ended in Mar. 2026 was ₹8,977 Mil. Therefore, SML Mahindra's pretax margin for the quarter that ended in Mar. 2026 was 8.09%.
The historical rank and industry rank for SML Mahindra's Pretax Margin % or its related term are showing as below:
BOM:505192'
s Pretax Margin % Range Over the Past 10 Years
Min: -22.87 Med: 1.35 Max: 7.59
Current: 7.54
BOM:505192's Pretax Margin % is ranked better than 67.9% of 1321
companies
in the Vehicles & Parts industry
Industry Median: 4.44
vs BOM:505192: 7.54
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.
SML Mahindra Pretax Margin % Related Terms
SML Mahindra Pretax Margin % Historical Data
* Premium members only.
The historical data trend for SML Mahindra'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.
BOM:505192 vs TSLA, GM, F: Pretax Margin % Comparison
For the Auto Manufacturers subindustry, SML Mahindra'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.
SML Mahindra Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SML Mahindra's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SML Mahindra's Pretax Margin % falls into.
* 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.
SML Mahindra (BOM:505192) has a Pretax Margin % of 8.09% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SML Mahindra and its competitors. This is 499% above median its historical median of 1.35. According to the industry distribution chart, SML Mahindra ranks #424 out of 1321 companies in the Vehicles & Parts industry, placing it in the top 32.1%.
Is SML Mahindra's Pretax Margin % too high?
SML Mahindra's current Pretax Margin % of 8.09% is 499% above median its 10-year median of 1.35. The Vehicles & Parts industry median Pretax Margin % is 4.44. SML Mahindra's value of 8.09% is 82.2% above this industry median. Based on the distribution chart, SML Mahindra ranks #424 out of 1321 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, SML Mahindra has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's Pretax Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, SML Mahindra ranks #424 out of 1321 companies for Pretax Margin %. This puts SML Mahindra in the upper half of its industry. The industry median Pretax Margin % is 4.44. SML Mahindra's value of 8.09% is 82.2% above this benchmark. While the company's 10-year median is 1.35 vs. the industry median of 4.44, SML Mahindra has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.44, based on 1,321 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SML Mahindra's current Pretax Margin % of 8.09% is 82.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SML Mahindra and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SML Mahindra's current Pretax Margin % is 8.09%, which is 499% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (BOM:505192) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,420.32, compared to a current price of ₹4,154.95 — trading 71.7% above its estimated fair value. The current Pretax Margin % is 8.09%, which is 499% above median its 10-year median of 1.35 and 82.2% above the Vehicles & Parts industry median of 4.44. SML Mahindra's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For SML Mahindra (BOM:505192), the current Pretax Margin % is 8.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SML Mahindra (BOM:505192) Overvalued in 2026?
Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued.
The current stock price of ₹4,154.95 is trading 71.7% above its estimated GF Value™ of ₹2,420.32.
GuruFocus considers SML Mahindra to be Significantly Overvalued.
Key valuation signals for BOM:505192:
Pretax Margin %: 8.09% (499% above median its 10-year median of 1.35)
GF Value™: ₹2,420.32 vs. price of ₹4,154.95 (71.7% above fair value)
Industry Position: 82.2% above the Vehicles & Parts median (#424 of 1321)
No single metric tells the full story. See the BOM:505192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
57GF Score
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