JSW HoldingsNSE:JSWHL +0.42%78 Pretax Margin % is 63.84% as of Mar. 2026, which is 33% below its 10-year median of 95.19. GuruFocus rates NSE:JSWHL with a GF Score™ of 78/100 and a GF Value™ of ₹10,003.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 548 Conglomerates companies, JSW Holdings ranks better than 96.9% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JSW Holdings's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹212 Mil. JSW Holdings's Revenue for the
three
months ended in Mar. 2026 was ₹331 Mil. Therefore, JSW Holdings's pretax margin for the quarter that ended in Mar. 2026 was 63.84%.
The historical rank and industry rank for JSW Holdings's Pretax Margin % or its related term are showing as below:
NSE:JSWHL'
s Pretax Margin % Range Over the Past 10 Years
Min: 85.72 Med: 95.19 Max: 104.78
Current: 85.72
NSE:JSWHL's Pretax Margin % is ranked better than 96.9% of 548
companies
in the Conglomerates industry
Industry Median: 6.58
vs NSE:JSWHL: 85.72
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.
JSW Holdings Pretax Margin % Related Terms
JSW Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for JSW Holdings'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 Conglomerates subindustry, JSW Holdings'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.
JSW Holdings Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JSW Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where JSW Holdings'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.
JSW Holdings (NSE:JSWHL) has a Pretax Margin % of 63.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on JSW Holdings and its competitors. This is 33% below median its historical median of 95.19. Over the past decade, JSW Holdings' Pretax Margin % has ranged from 85.72 to 104.78. According to the industry distribution chart, JSW Holdings ranks #17 out of 548 companies in the Conglomerates industry, placing it in the top 3.1%.
Is JSW Holdings' Pretax Margin % too high?
JSW Holdings' current Pretax Margin % of 63.84% is 33% below median its 10-year median of 95.19. Over the past 10 years, this metric has ranged from a low of 85.72 to a high of 104.78. The Conglomerates industry median Pretax Margin % is 6.58. JSW Holdings' value of 63.84% is 870.2% above this industry median. Based on the distribution chart, JSW Holdings ranks #17 out of 548 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Holdings' Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, JSW Holdings ranks #17 out of 548 companies for Pretax Margin %. This places JSW Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.58. JSW Holdings' value of 63.84% is 870.2% above this benchmark. Historically, JSW Holdings' own Pretax Margin % has ranged from 85.72 to 104.78 over the past decade. While the company's 10-year median is 95.19 vs. the industry median of 6.58, JSW Holdings 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.58, based on 548 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. JSW Holdings's current Pretax Margin % of 63.84% is 870.2% 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 JSW Holdings and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Holdings's current Pretax Margin % is 63.84%, which is 33% below median its own 10-year median of 95.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Holdings stock overvalued right now?
Based on GuruFocus' analysis, JSW Holdings (NSE:JSWHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10,003.90, compared to a current price of ₹12,071.00 — trading 20.7% above its estimated fair value. The current Pretax Margin % is 63.84%, which is 33% below median its 10-year median of 95.19 and 870.2% above the Conglomerates industry median of 6.58. JSW Holdings' overall GF Score™ is 78/100 with 5 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 JSW Holdings (NSE:JSWHL), the current Pretax Margin % is 63.84% 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 JSW Holdings (NSE:JSWHL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Holdings stock appears to be overvalued.
The current stock price of ₹12,071.00 is trading 20.7% above its estimated GF Value™ of ₹10,003.90.
GuruFocus considers JSW Holdings to be Modestly Overvalued.
Key valuation signals for NSE:JSWHL:
Pretax Margin %: 63.84% (33% below median its 10-year median of 95.19)
GF Value™: ₹10,003.90 vs. price of ₹12,071.00 (20.7% above fair value)
Industry Position: 870.2% above the Conglomerates median (#17 of 548)
No single metric tells the full story. See the NSE:JSWHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.
78GF Score
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