Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NTC IndustriesBOM:526723 -0.61%70 Pretax Margin % is 26.95% as of Mar. 2026, which is 2% above its 10-year median of 26.32. GuruFocus rates BOM:526723 with a GF Score™ of 70/100 and a GF Value™ of ₹256.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 48 Tobacco Products companies, NTC Industries ranks better than 75% 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.
NTC Industries Pretax Margin % Related Terms
NTC Industries Pretax Margin % Historical Data
* Premium members only.
The historical data trend for NTC Industries'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:526723 vs PM, MO, TPB: Pretax Margin % Comparison
For the Tobacco subindustry, NTC Industries'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.
NTC Industries Pretax Margin % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, NTC Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where NTC Industries'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.
NTC Industries (BOM:526723) has a Pretax Margin % of 26.95% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on NTC Industries and its competitors. This is near median its historical median of 26.32. Over the past decade, NTC Industries' Pretax Margin % has ranged from 15.96 to 51.12. According to the industry distribution chart, NTC Industries ranks #12 out of 48 companies in the Tobacco Products industry, placing it in the top 25%.
Is NTC Industries' Pretax Margin % too high?
NTC Industries' current Pretax Margin % of 26.95% is near median its 10-year median of 26.32. Over the past 10 years, this metric has ranged from a low of 15.96 to a high of 51.12. The Tobacco Products industry median Pretax Margin % is 9.49. NTC Industries' value of 26.95% is 184% above this industry median. Based on the distribution chart, NTC Industries ranks #12 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, NTC Industries has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NTC Industries' Pretax Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, NTC Industries ranks #12 out of 48 companies for Pretax Margin %. This places NTC Industries in the top 25% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 9.49. NTC Industries' value of 26.95% is 184% above this benchmark. Historically, NTC Industries' own Pretax Margin % has ranged from 15.96 to 51.12 over the past decade. While the company's 10-year median is 26.32 vs. the industry median of 9.49, NTC Industries 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 Tobacco Products company?
The median Pretax Margin % among Tobacco Products companies is 9.49, based on 48 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. NTC Industries's current Pretax Margin % of 26.95% is 184% 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 NTC Industries and its competitors. For the Tobacco Products industry, the median Pretax Margin % is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTC Industries's current Pretax Margin % is 26.95%, which is near median its own 10-year median of 26.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTC Industries stock overvalued right now?
Based on GuruFocus' analysis, NTC Industries (BOM:526723) is currently considered Possible Value Trap. The stock's GF Value™ is ₹256.97, compared to a current price of ₹147.15 — trading 42.7% below its estimated fair value. The current Pretax Margin % is 26.95%, which is near median its 10-year median of 26.32 and 184% above the Tobacco Products industry median of 9.49. NTC Industries' overall GF Score™ is 70/100 with 7 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 NTC Industries (BOM:526723), the current Pretax Margin % is 26.95% 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 NTC Industries (BOM:526723) Overvalued in 2026?
Based on GuruFocus' analysis, NTC Industries stock appears to be undervalued.
The current stock price of ₹147.15 is trading 42.7% below its estimated GF Value™ of ₹256.97.
GuruFocus considers NTC Industries to be Possible Value Trap.
Key valuation signals for BOM:526723:
Pretax Margin %: 26.95% (near median its 10-year median of 26.32)
GF Value™: ₹256.97 vs. price of ₹147.15 (42.7% below fair value)
Industry Position: 184% above the Tobacco Products median (#12 of 48)
No single metric tells the full story. See the BOM:526723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.
70GF Score
Get the complete analysis for BOM:526723
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:526723 has been successfully added to your 
