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Man Industries (India)BOM:513269 -2.57%72 Pretax Margin % is 6.31% as of Mar. 2026, which is 19% above its 10-year median of 5.29. GuruFocus rates BOM:513269 with a GF Score™ of 72/100 and a GF Value™ of ₹379.99 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 611 Steel companies, Man Industries (India) ranks better than 72.67% on this metric.
The historical rank and industry rank for Man Industries (India)'s Pretax Margin % or its related term are showing as below:
BOM:513269'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.8 Med: 5.29 Max: 6.66
Current: 6.65
BOM:513269's Pretax Margin % is ranked better than 72.67% of 611
companies
in the Steel industry
Industry Median: 2.58
vs BOM:513269: 6.65
Man Industries (India) (BOM:513269) 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.
Man Industries (India) Pretax Margin % Related Terms
Man Industries (India) Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Man Industries (India)'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:513269 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Man Industries (India)'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.
Man Industries (India) Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Man Industries (India)'s Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Man Industries (India)'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.
Man Industries (India) (BOM:513269) has a Pretax Margin % of 6.31% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Man Industries (India) and its competitors. This is 19% above median its historical median of 5.29. Over the past decade, Man Industries (India)'s Pretax Margin % has ranged from 3.80 to 6.66. According to the industry distribution chart, Man Industries (India) ranks #167 out of 611 companies in the Steel industry, placing it in the top 27.3%.
Is Man Industries (India)'s Pretax Margin % too high?
Man Industries (India)'s current Pretax Margin % of 6.31% is 19% above median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 6.66. The Steel industry median Pretax Margin % is 2.58. Man Industries (India)'s value of 6.31% is 144.6% above this industry median. Based on the distribution chart, Man Industries (India) ranks #167 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Man Industries (India) has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Industries (India)'s Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Man Industries (India) ranks #167 out of 611 companies for Pretax Margin %. This puts Man Industries (India) in the upper half of its industry. The industry median Pretax Margin % is 2.58. Man Industries (India)'s value of 6.31% is 144.6% above this benchmark. Historically, Man Industries (India)'s own Pretax Margin % has ranged from 3.80 to 6.66 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 2.58, Man Industries (India) 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 Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. Man Industries (India)'s current Pretax Margin % of 6.31% is 144.6% 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 Man Industries (India) and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Industries (India)'s current Pretax Margin % is 6.31%, which is 19% above median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Man Industries (India) (BOM:513269) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹379.99, compared to a current price of ₹529.80 — trading 39.4% above its estimated fair value. The current Pretax Margin % is 6.31%, which is 19% above median its 10-year median of 5.29 and 144.6% above the Steel industry median of 2.58. Man Industries (India)'s overall GF Score™ is 72/100 with 10 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 Man Industries (India) (BOM:513269), the current Pretax Margin % is 6.31% 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 Man Industries (India) (BOM:513269) Overvalued in 2026?
Based on GuruFocus' analysis, Man Industries (India) stock appears to be overvalued.
The current stock price of ₹529.80 is trading 39.4% above its estimated GF Value™ of ₹379.99.
GuruFocus considers Man Industries (India) to be Significantly Overvalued.
Key valuation signals for BOM:513269:
Pretax Margin %: 6.31% (19% above median its 10-year median of 5.29)
GF Value™: ₹379.99 vs. price of ₹529.80 (39.4% above fair value)
Industry Position: 144.6% above the Steel median (#167 of 611)
No single metric tells the full story. See the BOM:513269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Man Industries (India) Ltd isengaged in the business of manufacturing, processing and trading of submerged arc welded steel pipes and steel products. It offers the product which includes LSAW HSAW, Coating, ERW, and HIB. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.
72GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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