India CementsNSE:INDIACEM -0.18%70 Pretax Margin % is 5.60% as of Mar. 2026, which is 736% above its 10-year median of 0.67. GuruFocus rates NSE:INDIACEM with a GF Score™ of 70/100 and a GF Value™ of ₹230.46 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 404 Building Materials companies, India Cements ranks worse than 76.98% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. India Cements's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹688 Mil. India Cements's Revenue for the
three
months ended in Mar. 2026 was ₹12,287 Mil. Therefore, India Cements's pretax margin for the quarter that ended in Mar. 2026 was 5.60%.
The historical rank and industry rank for India Cements's Pretax Margin % or its related term are showing as below:
NSE:INDIACEM'
s Pretax Margin % Range Over the Past 10 Years
Min: -6.75 Med: 0.67 Max: 6.89
Current: -1.42
NSE:INDIACEM's Pretax Margin % is ranked worse than 76.98% of 404
companies
in the Building Materials industry
Industry Median: 5.99
vs NSE:INDIACEM: -1.42
India Cements (NSE:INDIACEM) 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.
India Cements Pretax Margin % Related Terms
India Cements Pretax Margin % Historical Data
* Premium members only.
The historical data trend for India Cements'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:INDIACEM vs CRH, VMC, MLM: Pretax Margin % Comparison
For the Building Materials subindustry, India Cements'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.
India Cements Pretax Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, India Cements's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where India Cements'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.
India Cements (NSE:INDIACEM) has a Pretax Margin % of 5.60% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on India Cements and its competitors. This is 736% above median its historical median of 0.67. According to the industry distribution chart, India Cements ranks #311 out of 404 companies in the Building Materials industry, placing it in the top 77%.
Is India Cements' Pretax Margin % too high?
India Cements' current Pretax Margin % of 5.60% is 736% above median its 10-year median of 0.67. The Building Materials industry median Pretax Margin % is 5.99. India Cements' value of 5.60% is 6.5% below this industry median. Based on the distribution chart, India Cements ranks #311 out of 404 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, India Cements has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Cements' Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, India Cements ranks #311 out of 404 companies for Pretax Margin %. This places India Cements in the lower half of its industry. The industry median Pretax Margin % is 5.99. India Cements' value of 5.60% is 6.5% below this benchmark. While the company's 10-year median is 0.67 vs. the industry median of 5.99, India Cements 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.99, based on 404 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. India Cements's current Pretax Margin % of 5.60% is 6.5% 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 India Cements and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Cements's current Pretax Margin % is 5.60%, which is 736% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Cements stock overvalued right now?
Based on GuruFocus' analysis, India Cements (NSE:INDIACEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹230.46, compared to a current price of ₹380.50 — trading 65.1% above its estimated fair value. The current Pretax Margin % is 5.60%, which is 736% above median its 10-year median of 0.67 and 6.5% below the Building Materials industry median of 5.99. India Cements' overall GF Score™ is 70/100 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 India Cements (NSE:INDIACEM), the current Pretax Margin % is 5.60% 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 India Cements (NSE:INDIACEM) Overvalued in 2026?
Based on GuruFocus' analysis, India Cements stock appears to be overvalued.
The current stock price of ₹380.50 is trading 65.1% above its estimated GF Value™ of ₹230.46.
GuruFocus considers India Cements to be Significantly Overvalued.
Key valuation signals for NSE:INDIACEM:
Pretax Margin %: 5.60% (736% above median its 10-year median of 0.67)
GF Value™: ₹230.46 vs. price of ₹380.50 (65.1% above fair value)
Industry Position: 6.5% below the Building Materials median (#311 of 404)
No single metric tells the full story. See the NSE:INDIACEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Cements Ltd is a cement manufacturing company. It is engaged in the manufacturing and sale of cement and cement-related products. Its brands include: Conkrete Super King; Coromandel King; Sankar Super Power; Raasi Gold; Halo Super King and others.
70GF Score
Get the complete analysis for NSE:INDIACEM
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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