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Nitin SpinnersBOM:532698 +0.35%70 Pretax Margin % is 9.12% as of Mar. 2026, which is 25% above its 10-year median of 7.27. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹400.11 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks better than 68.24% on this metric.
The historical rank and industry rank for Nitin Spinners's Pretax Margin % or its related term are showing as below:
BOM:532698'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.5 Med: 7.27 Max: 19
Current: 7.43
BOM:532698's Pretax Margin % is ranked better than 68.24% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.52
vs BOM:532698: 7.43
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.
Nitin Spinners Pretax Margin % Related Terms
Nitin Spinners Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nitin Spinners'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.
For the Textile Manufacturing subindustry, Nitin Spinners'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.
Nitin Spinners Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nitin Spinners'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.
Nitin Spinners (BOM:532698) has a Pretax Margin % of 9.12% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nitin Spinners and its competitors. This is 25% above median its historical median of 7.27. Over the past decade, Nitin Spinners' Pretax Margin % has ranged from 2.50 to 19.00. According to the industry distribution chart, Nitin Spinners ranks #330 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.8%.
Is Nitin Spinners' Pretax Margin % too high?
Nitin Spinners' current Pretax Margin % of 9.12% is 25% above median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 19.00. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.52. Nitin Spinners' value of 9.12% is 159.1% above this industry median. Based on the distribution chart, Nitin Spinners ranks #330 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nitin Spinners has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' Pretax Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #330 out of 1039 companies for Pretax Margin %. This puts Nitin Spinners in the upper half of its industry. The industry median Pretax Margin % is 3.52. Nitin Spinners' value of 9.12% is 159.1% above this benchmark. Historically, Nitin Spinners' own Pretax Margin % has ranged from 2.50 to 19.00 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 3.52, Nitin Spinners 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 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. Nitin Spinners's current Pretax Margin % of 9.12% is 159.1% 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 Nitin Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Spinners's current Pretax Margin % is 9.12%, which is 25% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹400.11, compared to a current price of ₹556.75 — trading 39.1% above its estimated fair value. The current Pretax Margin % is 9.12%, which is 25% above median its 10-year median of 7.27 and 159.1% above the Manufacturing - Apparel & Accessories industry median of 3.52. Nitin Spinners' overall GF Score™ is 70/100 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 Nitin Spinners (BOM:532698), the current Pretax Margin % is 9.12% 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 Nitin Spinners (BOM:532698) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued.
The current stock price of ₹556.75 is trading 39.1% above its estimated GF Value™ of ₹400.11.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
Pretax Margin %: 9.12% (25% above median its 10-year median of 7.27)
GF Value™: ₹400.11 vs. price of ₹556.75 (39.1% above fair value)
Industry Position: 159.1% above the Manufacturing - Apparel & Accessories median (#330 of 1039)
No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
70GF Score
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