IIFL Capital ServicesNSE:IIFLCAPS 84 Pretax Margin % is 29.39% as of Mar. 2026, which is 22% below its 10-year median of 37.70. GuruFocus rates NSE:IIFLCAPS with a GF Score™ of 84/100 and a GF Value™ of ₹235.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 776 Capital Markets companies, IIFL Capital Services ranks better than 67.14% on this metric.
The historical rank and industry rank for IIFL Capital Services's Pretax Margin % or its related term are showing as below:
NSE:IIFLCAPS'
s Pretax Margin % Range Over the Past 10 Years
Min: 27.73 Med: 37.7 Max: 46.56
Current: 38.15
NSE:IIFLCAPS's Pretax Margin % is ranked better than 67.14% of 776
companies
in the Capital Markets industry
Industry Median: 20.435
vs NSE:IIFLCAPS: 38.15
IIFL Capital Services (NSE:IIFLCAPS) 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.
IIFL Capital Services Pretax Margin % Related Terms
IIFL Capital Services Pretax Margin % Historical Data
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The historical data trend for IIFL Capital Services'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:IIFLCAPS vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, IIFL Capital Services'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.
IIFL Capital Services Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IIFL Capital Services's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where IIFL Capital Services'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.
IIFL Capital Services (NSE:IIFLCAPS) has a Pretax Margin % of 29.39% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on IIFL Capital Services and its competitors. This is 22% below median its historical median of 37.70. Over the past decade, IIFL Capital Services' Pretax Margin % has ranged from 27.73 to 46.56. According to the industry distribution chart, IIFL Capital Services ranks #255 out of 776 companies in the Capital Markets industry, placing it in the top 32.9%.
Is IIFL Capital Services' Pretax Margin % too high?
IIFL Capital Services' current Pretax Margin % of 29.39% is 22% below median its 10-year median of 37.70. Over the past 10 years, this metric has ranged from a low of 27.73 to a high of 46.56. The Capital Markets industry median Pretax Margin % is 20.44. IIFL Capital Services' value of 29.39% is 43.8% above this industry median. Based on the distribution chart, IIFL Capital Services ranks #255 out of 776 companies in the Capital Markets industry, which is above the industry midpoint. Overall, IIFL Capital Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IIFL Capital Services' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, IIFL Capital Services ranks #255 out of 776 companies for Pretax Margin %. This puts IIFL Capital Services in the upper half of its industry. The industry median Pretax Margin % is 20.44. IIFL Capital Services' value of 29.39% is 43.8% above this benchmark. Historically, IIFL Capital Services' own Pretax Margin % has ranged from 27.73 to 46.56 over the past decade. While the company's 10-year median is 37.70 vs. the industry median of 20.44, IIFL Capital Services 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.44, 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. IIFL Capital Services's current Pretax Margin % of 29.39% is 43.8% 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 IIFL Capital Services and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IIFL Capital Services's current Pretax Margin % is 29.39%, which is 22% below median its own 10-year median of 37.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IIFL Capital Services stock overvalued right now?
Based on GuruFocus' analysis, IIFL Capital Services (NSE:IIFLCAPS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹235.29, compared to a current price of ₹338.95 — trading 44.1% above its estimated fair value. The current Pretax Margin % is 29.39%, which is 22% below median its 10-year median of 37.70 and 43.8% above the Capital Markets industry median of 20.44. IIFL Capital Services' overall GF Score™ is 84/100 with 9 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 IIFL Capital Services (NSE:IIFLCAPS), the current Pretax Margin % is 29.39% 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 IIFL Capital Services (NSE:IIFLCAPS) Overvalued in 2026?
Based on GuruFocus' analysis, IIFL Capital Services stock appears to be overvalued.
The current stock price of ₹338.95 is trading 44.1% above its estimated GF Value™ of ₹235.29.
GuruFocus considers IIFL Capital Services to be Significantly Overvalued.
Key valuation signals for NSE:IIFLCAPS:
Pretax Margin %: 29.39% (22% below median its 10-year median of 37.70)
GF Value™: ₹235.29 vs. price of ₹338.95 (44.1% above fair value)
Industry Position: 43.8% above the Capital Markets median (#255 of 776)
No single metric tells the full story. See the NSE:IIFLCAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IIFL Capital Services Ltd is engaged in retail broking and financial product distribution. It operates as an independent full-service retail and institutional broking firm in India and provides a range of investment advisory and financial services. Its clients include corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high-net-worth individuals, and retail investors. The company's retail brokerage and financial services include financial planning, equity, commodities and currency broking, depository participant services, portfolio advisory, and other investment products. Its institutional equities business provides broking, research, and corporate access services to institutional clients.
84GF Score
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