Electrotherm (India)BOM:526608 +10.00%54 Pretax Margin % is 1.57% as of Mar. 2026, which is 265% above its 10-year median of 0.43. GuruFocus rates BOM:526608 with a GF Score™ of 54/100 and a GF Value™ of ₹727.33 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 611 Steel companies, Electrotherm (India) ranks worse than 74.63% 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.
Electrotherm (India) Pretax Margin % Related Terms
Electrotherm (India) Pretax Margin % Historical Data
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The historical data trend for Electrotherm (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:526608 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Electrotherm (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.
Electrotherm (India) Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Electrotherm (India)'s Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Electrotherm (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.
Electrotherm (India) (BOM:526608) has a Pretax Margin % of 1.57% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Electrotherm (India) and its competitors. This is 265% above median its historical median of 0.43. According to the industry distribution chart, Electrotherm (India) ranks #456 out of 611 companies in the Steel industry, placing it in the top 74.6%.
Is Electrotherm (India)'s Pretax Margin % too high?
Electrotherm (India)'s current Pretax Margin % of 1.57% is 265% above median its 10-year median of 0.43. The Steel industry median Pretax Margin % is 2.58. Electrotherm (India)'s value of 1.57% is 39.1% below this industry median. Based on the distribution chart, Electrotherm (India) ranks #456 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Electrotherm (India) has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrotherm (India)'s Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Electrotherm (India) ranks #456 out of 611 companies for Pretax Margin %. This places Electrotherm (India) in the lower half of its industry. The industry median Pretax Margin % is 2.58. Electrotherm (India)'s value of 1.57% is 39.1% below this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 2.58, Electrotherm (India) has consistently been below 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. Electrotherm (India)'s current Pretax Margin % of 1.57% is 39.1% below 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 Electrotherm (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. Electrotherm (India)'s current Pretax Margin % is 1.57%, which is 265% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrotherm (India) stock overvalued right now?
Based on GuruFocus' analysis, Electrotherm (India) (BOM:526608) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹727.33, compared to a current price of ₹1,200.40 — trading 65% above its estimated fair value. The current Pretax Margin % is 1.57%, which is 265% above median its 10-year median of 0.43 and 39.1% below the Steel industry median of 2.58. Electrotherm (India)'s overall GF Score™ is 54/100 with 6 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 Electrotherm (India) (BOM:526608), the current Pretax Margin % is 1.57% 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 Electrotherm (India) (BOM:526608) Overvalued in 2026?
Based on GuruFocus' analysis, Electrotherm (India) stock appears to be overvalued.
The current stock price of ₹1,200.40 is trading 65% above its estimated GF Value™ of ₹727.33.
GuruFocus considers Electrotherm (India) to be Significantly Overvalued.
Key valuation signals for BOM:526608:
Pretax Margin %: 1.57% (265% above median its 10-year median of 0.43)
GF Value™: ₹727.33 vs. price of ₹1,200.40 (65% above fair value)
Industry Position: 39.1% below the Steel median (#456 of 611)
No single metric tells the full story. See the BOM:526608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electrotherm (India) Ltd is an Indian company involved in the metal fabrication business sector. The company manufactures induction furnaces, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/ bars/ ingots, ductile iron pipes, transmission line towers, battery-operated vehicles and services relating to steel melting, and other capital equipment. The operating segments of the company include Engineering and Technology, Special Steel, Electric Vehicles, and Others. The company generates maximum revenue from the Special Steel segment. Geographically, the company derives revenue from India.
54GF Score
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