Hindalco IndustriesHNDNF 80 Pretax Margin % is 4.42% as of Mar. 2026, which is 31% below its 10-year median of 6.38. GuruFocus rates HNDNF with a GF Score™ of 80/100 and a GF Value™ of $2.54. The stock has 2 warning signs investors should review. Among 842 Metals & Mining companies, Hindalco Industries ranks better than 53.8% 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.
Hindalco Industries Pretax Margin % Related Terms
Hindalco Industries Pretax Margin % Historical Data
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The historical data trend for Hindalco 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.
For the Aluminum subindustry, Hindalco 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.
Hindalco Industries Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hindalco 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.
Hindalco Industries (HNDNF) has a Pretax Margin % of 4.42% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hindalco Industries and its competitors. This is 31% below median its historical median of 6.38. Over the past decade, Hindalco Industries' Pretax Margin % has ranged from 3.33 to 10.10. According to the industry distribution chart, Hindalco Industries ranks #389 out of 842 companies in the Metals & Mining industry, placing it in the top 46.2%.
Is Hindalco Industries' Pretax Margin % too high?
Hindalco Industries' current Pretax Margin % of 4.42% is 31% below median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 10.10. The Metals & Mining industry median Pretax Margin % is 4.84. Hindalco Industries' value of 4.42% is 8.7% below this industry median. Based on the distribution chart, Hindalco Industries ranks #389 out of 842 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hindalco Industries has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Hindalco Industries' Pretax Margin % compare to AA?
According to the Metals & Mining industry distribution chart, Hindalco Industries ranks #389 out of 842 companies for Pretax Margin %. This puts Hindalco Industries in the upper half of its industry. The industry median Pretax Margin % is 4.84. Hindalco Industries' value of 4.42% is 8.7% below this benchmark. Historically, Hindalco Industries' own Pretax Margin % has ranged from 3.33 to 10.10 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 4.84, Hindalco Industries 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.84, based on 842 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. Hindalco Industries's current Pretax Margin % of 4.42% is 8.7% 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 Hindalco Industries and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindalco Industries's current Pretax Margin % is 4.42%, which is 31% below median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindalco Industries stock overvalued right now?
Hindalco Industries (HNDNF) has a current Pretax Margin % of 4.42%. The stock's GF Value™ is $2.54, compared to a current price of $2.95 — trading 16.1% above its estimated fair value. The current Pretax Margin % is 4.42%, which is 31% below median its 10-year median of 6.38 and 8.7% below the Metals & Mining industry median of 4.84. Hindalco Industries' overall GF Score™ is 80/100 with 2 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 Hindalco Industries (HNDNF), the current Pretax Margin % is 4.42% 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 Hindalco Industries (HNDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Hindalco Industries stock appears to be overvalued.
The current stock price of $2.95 is trading 16.1% above its estimated GF Value™ of $2.54.
Key valuation signals for HNDNF:
Pretax Margin %: 4.42% (31% below median its 10-year median of 6.38)
GF Value™: $2.54 vs. price of $2.95 (16.1% above fair value)
Industry Position: 8.7% below the Metals & Mining median (#389 of 842)
No single metric tells the full story. See the HNDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations across the globe.
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