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Kennametal IndiaNSE:KENNAMET +2.86%86 Pretax Margin % is 24.79% as of Jun. 2026, which is 110% above its 10-year median of 11.78. GuruFocus rates NSE:KENNAMET with a GF Score™ of 86/100 and a GF Value™ of ₹3,235.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,039 Industrial Products companies, Kennametal India ranks better than 86.11% on this metric.
The historical rank and industry rank for Kennametal India's Pretax Margin % or its related term are showing as below:
NSE:KENNAMET'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.66 Med: 11.78 Max: 17.63
Current: 17.63
NSE:KENNAMET's Pretax Margin % is ranked better than 86.11% of 3039
companies
in the Industrial Products industry
Industry Median: 6
vs NSE:KENNAMET: 17.63
Kennametal India (NSE:KENNAMET) 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.
Kennametal India Pretax Margin % Related Terms
Kennametal India Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Kennametal India'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:KENNAMET vs SNA, RBC, SWK: Pretax Margin % Comparison
For the Tools & Accessories subindustry, Kennametal India'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.
Kennametal India Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kennametal India's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kennametal India'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.
Kennametal India (NSE:KENNAMET) has a Pretax Margin % of 24.79% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kennametal India and its competitors. This is 110% above median its historical median of 11.78. Over the past decade, Kennametal India's Pretax Margin % has ranged from 4.66 to 17.63. According to the industry distribution chart, Kennametal India ranks #422 out of 3039 companies in the Industrial Products industry, placing it in the top 13.9%.
Is Kennametal India's Pretax Margin % too high?
Kennametal India's current Pretax Margin % of 24.79% is 110% above median its 10-year median of 11.78. Over the past 10 years, this metric has ranged from a low of 4.66 to a high of 17.63. The Industrial Products industry median Pretax Margin % is 6.00. Kennametal India's value of 24.79% is 313.2% above this industry median. Based on the distribution chart, Kennametal India ranks #422 out of 3039 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kennametal India has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kennametal India's Pretax Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Kennametal India ranks #422 out of 3039 companies for Pretax Margin %. This places Kennametal India in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.00. Kennametal India's value of 24.79% is 313.2% above this benchmark. Historically, Kennametal India's own Pretax Margin % has ranged from 4.66 to 17.63 over the past decade. While the company's 10-year median is 11.78 vs. the industry median of 6.00, Kennametal India 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 6.00, based on 3,039 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. Kennametal India's current Pretax Margin % of 24.79% is 313.2% 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 Kennametal India and its competitors. For the Industrial Products industry, the median Pretax Margin % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kennametal India's current Pretax Margin % is 24.79%, which is 110% above median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal India stock overvalued right now?
Based on GuruFocus' analysis, Kennametal India (NSE:KENNAMET) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,235.15, compared to a current price of ₹3,719.60 — trading 15% above its estimated fair value. The current Pretax Margin % is 24.79%, which is 110% above median its 10-year median of 11.78 and 313.2% above the Industrial Products industry median of 6.00. Kennametal India's overall GF Score™ is 86/100 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 Kennametal India (NSE:KENNAMET), the current Pretax Margin % is 24.79% as of Jun. 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 Kennametal India (NSE:KENNAMET) Overvalued in 2026?
Based on GuruFocus' analysis, Kennametal India stock appears to be overvalued.
The current stock price of ₹3,719.60 is trading 15% above its estimated GF Value™ of ₹3,235.15.
GuruFocus considers Kennametal India to be Modestly Overvalued.
Key valuation signals for NSE:KENNAMET:
Pretax Margin %: 24.79% (110% above median its 10-year median of 11.78)
GF Value™: ₹3,235.15 vs. price of ₹3,719.60 (15% above fair value)
Industry Position: 313.2% above the Industrial Products median (#422 of 3039)
No single metric tells the full story. See the NSE:KENNAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kennametal India Ltd is engaged in the manufacturing and trading of hard metal products and machine tools, also known as machining solutions, serving both domestic and international markets. It operates through two main segments, the Machining Solutions Group and Hard Metal Products. The Machining Solutions Group's sales include machines, fixtures, spare parts, and after-sales services. The Hard Metal Products segment is the key revenue driver, offering metal cutting tools, tooling systems, and wear-resistant components for various industries such as automotive, aerospace, energy, and engineering. The company's operations are mainly based in India, with a presence in Germany, the USA, and China, and the majority of its revenue comes from India.
86GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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