Paul Merchants (BOM:539113) Pretax Margin %: 1.32% (As of Mar. 2026) — 128% Above Median

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BOM:539113 Paul Merchants Ltd BOM:539113
62 GF Score
Price ₹475.75
GF Value ₹375.35
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Paul Merchants Pretax Margin %?

Paul Merchants BOM:539113 +0.15% 62 Pretax Margin % is 1.32% as of Mar. 2026, which is 128% above its 10-year median of 0.58. GuruFocus rates BOM:539113 with a GF Score™ of 62/100 and a GF Value™ of ₹375.35 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 776 Capital Markets companies, Paul Merchants ranks worse than 71.01% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Paul Merchants's Pre-Tax Income for the three months ended in Mar. 2026 was ₹64 Mil. Paul Merchants's Revenue for the three months ended in Mar. 2026 was ₹4,821 Mil. Therefore, Paul Merchants's pretax margin for the quarter that ended in Mar. 2026 was 1.32%.

The historical rank and industry rank for Paul Merchants's Pretax Margin % or its related term are showing as below:

BOM:539113' s Pretax Margin % Range Over the Past 10 Years
Min: -0.33   Med: 0.58   Max: 1.46
Current: 0.9


BOM:539113's Pretax Margin % is ranked worse than
71.01% of 776 companies
in the Capital Markets industry
Industry Median: 20.77 vs BOM:539113: 0.90

Paul Merchants  (BOM:539113) 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.


Paul Merchants Pretax Margin % Related Terms


Paul Merchants Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Paul Merchants'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.

Paul Merchants Pretax Margin % Chart

Paul Merchants Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.85 0.09 -0.33 0.90

Paul Merchants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.68 -0.34 0.59 2.08 1.32

BOM:539113 vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, Paul Merchants'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.


Paul Merchants Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Paul Merchants's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Paul Merchants's Pretax Margin % falls into.


BOM:539113
62GF Score
Paul Merchants Ltd BOM:539113
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paul Merchants Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Paul Merchants's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=187.228/20736.279
=0.90 %

Paul Merchants's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=63.846/4821.206
=1.32 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 1.32% mean?
Paul Merchants (BOM:539113) has a Pretax Margin % of 1.32% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Paul Merchants and its competitors. This is 128% above median its historical median of 0.58. According to the industry distribution chart, Paul Merchants ranks #551 out of 776 companies in the Capital Markets industry, placing it in the top 71%.
Is Paul Merchants' Pretax Margin % too high?
Paul Merchants' current Pretax Margin % of 1.32% is 128% above median its 10-year median of 0.58. The Capital Markets industry median Pretax Margin % is 20.77. Paul Merchants' value of 1.32% is 93.6% below this industry median. Based on the distribution chart, Paul Merchants ranks #551 out of 776 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Paul Merchants has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paul Merchants' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Paul Merchants ranks #551 out of 776 companies for Pretax Margin %. This places Paul Merchants in the lower half of its industry. The industry median Pretax Margin % is 20.77. Paul Merchants' value of 1.32% is 93.6% below this benchmark. While the company's 10-year median is 0.58 vs. the industry median of 20.77, Paul Merchants 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.77, based on 776 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. Paul Merchants's current Pretax Margin % of 1.32% is 93.6% 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 Paul Merchants 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. Paul Merchants's current Pretax Margin % is 1.32%, which is 128% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Merchants stock overvalued right now?
Based on GuruFocus' analysis, Paul Merchants (BOM:539113) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹375.35, compared to a current price of ₹475.75 — trading 26.7% above its estimated fair value. The current Pretax Margin % is 1.32%, which is 128% above median its 10-year median of 0.58 and 93.6% below the Capital Markets industry median of 20.77. Paul Merchants' overall GF Score™ is 62/100 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 Paul Merchants (BOM:539113), the current Pretax Margin % is 1.32% 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 Paul Merchants (BOM:539113) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Merchants stock appears to be overvalued. The current stock price of ₹475.75 is trading 26.7% above its estimated GF Value™ of ₹375.35. GuruFocus considers Paul Merchants to be Modestly Overvalued.

Key valuation signals for BOM:539113:

  • Pretax Margin %: 1.32% (128% above median its 10-year median of 0.58)
  • GF Value™: ₹375.35 vs. price of ₹475.75 (26.7% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 93.6% below the Capital Markets median (#551 of 776)

No single metric tells the full story. See the BOM:539113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paul Merchants Business Description

Address Sector - 22A, PML House, SCO 829-830, Chandigarh, IND, 160022
Paul Merchants Ltd offers financial services. The company provides foreign exchange, business payment solutions, tours and travels, ticketing, wealth management services, and gold loans. The company's business segments include Forex, Travels, and Others. The company derives key revenue from the Forex segment.
62GF Score

Get the complete analysis for BOM:539113

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹475.75
Price
₹375.35
GF Value