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B.N. Rathi SecuritiesBOM:523019 +0.64%76 Pretax Margin % is 31.54% as of Mar. 2026, which is 42% above its 10-year median of 22.24. GuruFocus rates BOM:523019 with a GF Score™ of 76/100 and a GF Value™ of ₹24.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 778 Capital Markets companies, B.N. Rathi Securities ranks better than 62.47% on this metric.
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.
B.N. Rathi Securities Pretax Margin % Related Terms
B.N. Rathi Securities Pretax Margin % Historical Data
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The historical data trend for B.N. Rathi Securities'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:523019 vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, B.N. Rathi Securities'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.
B.N. Rathi Securities Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B.N. Rathi Securities's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where B.N. Rathi Securities'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.
B.N. Rathi Securities (BOM:523019) has a Pretax Margin % of 31.54% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on B.N. Rathi Securities and its competitors. This is 42% above median its historical median of 22.24. Over the past decade, B.N. Rathi Securities' Pretax Margin % has ranged from 9.52 to 38.27. According to the industry distribution chart, B.N. Rathi Securities ranks #292 out of 778 companies in the Capital Markets industry, placing it in the top 37.5%.
Is B.N. Rathi Securities' Pretax Margin % too high?
B.N. Rathi Securities' current Pretax Margin % of 31.54% is 42% above median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 9.52 to a high of 38.27. The Capital Markets industry median Pretax Margin % is 20.77. B.N. Rathi Securities' value of 31.54% is 51.9% above this industry median. Based on the distribution chart, B.N. Rathi Securities ranks #292 out of 778 companies in the Capital Markets industry, which is above the industry midpoint. Overall, B.N. Rathi Securities has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B.N. Rathi Securities' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, B.N. Rathi Securities ranks #292 out of 778 companies for Pretax Margin %. This puts B.N. Rathi Securities in the upper half of its industry. The industry median Pretax Margin % is 20.77. B.N. Rathi Securities' value of 31.54% is 51.9% above this benchmark. Historically, B.N. Rathi Securities' own Pretax Margin % has ranged from 9.52 to 38.27 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 20.77, B.N. Rathi Securities 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.77, based on 778 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. B.N. Rathi Securities's current Pretax Margin % of 31.54% is 51.9% 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 B.N. Rathi Securities and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.N. Rathi Securities's current Pretax Margin % is 31.54%, which is 42% above median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.N. Rathi Securities stock overvalued right now?
Based on GuruFocus' analysis, B.N. Rathi Securities (BOM:523019) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.40, compared to a current price of ₹17.25 — trading 29.3% below its estimated fair value. The current Pretax Margin % is 31.54%, which is 42% above median its 10-year median of 22.24 and 51.9% above the Capital Markets industry median of 20.77. B.N. Rathi Securities' overall GF Score™ is 76/100 with 4 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 B.N. Rathi Securities (BOM:523019), the current Pretax Margin % is 31.54% 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 B.N. Rathi Securities (BOM:523019) Overvalued in 2026?
Based on GuruFocus' analysis, B.N. Rathi Securities stock appears to be undervalued.
The current stock price of ₹17.25 is trading 29.3% below its estimated GF Value™ of ₹24.40.
GuruFocus considers B.N. Rathi Securities to be Modestly Undervalued.
Key valuation signals for BOM:523019:
Pretax Margin %: 31.54% (42% above median its 10-year median of 22.24)
GF Value™: ₹24.40 vs. price of ₹17.25 (29.3% below fair value)
Industry Position: 51.9% above the Capital Markets median (#292 of 778)
No single metric tells the full story. See the BOM:523019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B.N. Rathi Securities Ltd is an India-based stockbroking firm. Principally, it provides the integrated type of services, related to the financial market transactions. The company operates through Broking activities and Property development. In addition, it offers services such as internet trading in equities and derivatives, depository participants of Central Depository Services Limited, primary market services, mutual fund, and initial public offerings advisory services, as well as currency and commodity trading services. It derives a majority of the revenue from the broking operations.
76GF Score
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