Indraprastha GasNSE:IGL -0.64%96 Pretax Margin % is 10.73% as of Mar. 2026, which is 53% below its 10-year median of 22.96. GuruFocus rates NSE:IGL with a GF Score™ of 96/100 and a GF Value™ of ₹235.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 500 Utilities - Regulated companies, Indraprastha Gas ranks better than 50.6% on this metric.
The historical rank and industry rank for Indraprastha Gas's Pretax Margin % or its related term are showing as below:
NSE:IGL'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.28 Med: 22.96 Max: 28.95
Current: 12.28
NSE:IGL's Pretax Margin % is ranked better than 50.6% of 500
companies
in the Utilities - Regulated industry
Industry Median: 12.095
vs NSE:IGL: 12.28
Indraprastha Gas (NSE:IGL) 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.
Indraprastha Gas Pretax Margin % Related Terms
Indraprastha Gas Pretax Margin % Historical Data
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The historical data trend for Indraprastha Gas'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.
NSE:IGL vs ATO, NI, UGI: Pretax Margin % Comparison
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas'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.
Indraprastha Gas (NSE:IGL) has a Pretax Margin % of 10.73% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Indraprastha Gas and its competitors. This is 53% below median its historical median of 22.96. Over the past decade, Indraprastha Gas' Pretax Margin % has ranged from 12.28 to 28.95. According to the industry distribution chart, Indraprastha Gas ranks #247 out of 500 companies in the Utilities - Regulated industry, placing it in the top 49.4%.
Is Indraprastha Gas' Pretax Margin % too high?
Indraprastha Gas' current Pretax Margin % of 10.73% is 53% below median its 10-year median of 22.96. Over the past 10 years, this metric has ranged from a low of 12.28 to a high of 28.95. The Utilities - Regulated industry median Pretax Margin % is 12.10. Indraprastha Gas' value of 10.73% is 11.3% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #247 out of 500 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Indraprastha Gas has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #247 out of 500 companies for Pretax Margin %. This puts Indraprastha Gas in the upper half of its industry. The industry median Pretax Margin % is 12.10. Indraprastha Gas' value of 10.73% is 11.3% below this benchmark. Historically, Indraprastha Gas' own Pretax Margin % has ranged from 12.28 to 28.95 over the past decade. While the company's 10-year median is 22.96 vs. the industry median of 12.10, Indraprastha Gas 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 an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.10, based on 500 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. Indraprastha Gas's current Pretax Margin % of 10.73% is 11.3% 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 Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Pretax Margin % is 10.73%, which is 53% below median its own 10-year median of 22.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹235.72, compared to a current price of ₹155.80 — trading 33.9% below its estimated fair value. The current Pretax Margin % is 10.73%, which is 53% below median its 10-year median of 22.96 and 11.3% below the Utilities - Regulated industry median of 12.10. Indraprastha Gas' overall GF Score™ is 96/100 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 Indraprastha Gas (NSE:IGL), the current Pretax Margin % is 10.73% 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹155.80 is trading 33.9% below its estimated GF Value™ of ₹235.72.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for NSE:IGL:
Pretax Margin %: 10.73% (53% below median its 10-year median of 22.96)
GF Value™: ₹235.72 vs. price of ₹155.80 (33.9% below fair value)
Industry Position: 11.3% below the Utilities - Regulated median (#247 of 500)
No single metric tells the full story. See the NSE:IGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
96GF Score
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