Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NMDC Steel's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹4,861 Mil. NMDC Steel's Revenue for the
three
months ended in Mar. 2026 was ₹38,790 Mil. Therefore, NMDC Steel's pretax margin for the quarter that ended in Mar. 2026 was 12.53%.
The historical rank and industry rank for NMDC Steel's Pretax Margin % or its related term are showing as below:
BOM:543768'
s Pretax Margin % Range Over the Past 10 Years
Min: -72.19 Med: -39.07 Max: 0.56
Current: 0.56
BOM:543768's Pretax Margin % is ranked worse than 66.12% of 611
companies
in the Steel industry
Industry Median: 2.58
vs BOM:543768: 0.56
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.
NMDC Steel Pretax Margin % Related Terms
NMDC Steel Pretax Margin % Historical Data
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The historical data trend for NMDC Steel'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:543768 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, NMDC Steel'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.
NMDC Steel Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, NMDC Steel's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where NMDC Steel'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.
NMDC Steel (BOM:543768) has a Pretax Margin % of 12.53% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on NMDC Steel and its competitors. According to the industry distribution chart, NMDC Steel ranks #404 out of 611 companies in the Steel industry, placing it in the top 66.1%.
Is NMDC Steel's Pretax Margin % too high?
NMDC Steel's current Pretax Margin % is 12.53%. The Steel industry median Pretax Margin % is 2.58. NMDC Steel's value of 12.53% is 385.7% above this industry median. Based on the distribution chart, NMDC Steel ranks #404 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, NMDC Steel has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NMDC Steel's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, NMDC Steel ranks #404 out of 611 companies for Pretax Margin %. This places NMDC Steel in the lower half of its industry. The industry median Pretax Margin % is 2.58. NMDC Steel's value of 12.53% is 385.7% above this benchmark. 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. NMDC Steel's current Pretax Margin % of 12.53% is 385.7% 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 NMDC Steel 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. NMDC Steel's current Pretax Margin % is 12.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Steel stock overvalued right now?
Based on GuruFocus' analysis, NMDC Steel (BOM:543768) is currently considered Possible Value Trap. The stock's GF Value™ is ₹70.64, compared to a current price of ₹44.47 — trading 37% below its estimated fair value. The current Pretax Margin % is 12.53% and 385.7% above the Steel industry median of 2.58. NMDC Steel's overall GF Score™ is 49/100 with 3 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 NMDC Steel (BOM:543768), the current Pretax Margin % is 12.53% 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 NMDC Steel (BOM:543768) Overvalued in 2026?
Based on GuruFocus' analysis, NMDC Steel stock appears to be undervalued.
The current stock price of ₹44.47 is trading 37% below its estimated GF Value™ of ₹70.64.
GuruFocus considers NMDC Steel to be Possible Value Trap.
Key valuation signals for BOM:543768:
Pretax Margin %: 12.53%
GF Value™: ₹70.64 vs. price of ₹44.47 (37% below fair value)
Industry Position: 385.7% above the Steel median (#404 of 611)
No single metric tells the full story. See the BOM:543768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMDC Steel Ltd is engaged in the manufacturing of iron and steel products. Its product portfolio comprises hot rolled coils, hot rolled sheets, and plates. The company generates maximum revenue from steel products, followed by pig iron and others. Geographically, it derives all of its revenue from India.
49GF Score
Get the complete analysis for BOM:543768
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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