Midwest (NSE:MIDWESTLTD) Pretax Margin %: 23.51% (As of Mar. 2026) — Near Median

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NSE:MIDWESTLTD Midwest Ltd NSE:MIDWESTLTD
18 GF Score
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What is Midwest Pretax Margin %?

Midwest NSE:MIDWESTLTD -1.44% 18 Pretax Margin % is 23.51% as of Mar. 2026, which is 3% above its 10-year median of 22.91. GuruFocus rates NSE:MIDWESTLTD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 404 Building Materials companies, Midwest ranks better than 85.15% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Midwest's Pre-Tax Income for the three months ended in Mar. 2026 was ₹507 Mil. Midwest's Revenue for the three months ended in Mar. 2026 was ₹2,158 Mil. Therefore, Midwest's pretax margin for the quarter that ended in Mar. 2026 was 23.51%.

The historical rank and industry rank for Midwest's Pretax Margin % or its related term are showing as below:

NSE:MIDWESTLTD' s Pretax Margin % Range Over the Past 10 Years
Min: 15.7   Med: 22.91   Max: 28.43
Current: 21.81


NSE:MIDWESTLTD's Pretax Margin % is ranked better than
85.15% of 404 companies
in the Building Materials industry
Industry Median: 5.925 vs NSE:MIDWESTLTD: 21.81

Midwest  (NSE:MIDWESTLTD) 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.


Midwest Pretax Margin % Related Terms


Midwest Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Midwest'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.

Midwest Pretax Margin % Chart

Midwest Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Pretax Margin %
15.70 23.55 28.43 22.26

Midwest Quarterly Data
Mar23 Mar24 Dec24 Mar25 Jun25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial 17.15 28.54 23.18 17.46 23.51

NSE:MIDWESTLTD vs CRH, VMC, MLM: Pretax Margin % Comparison

For the Building Materials subindustry, Midwest'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.


Midwest Pretax Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Midwest's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Midwest's Pretax Margin % falls into.


NSE:MIDWESTLTD
18GF Score
Midwest Ltd NSE:MIDWESTLTD
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Midwest Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Midwest's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1437.33/6456.18
=22.26 %

Midwest's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=507.25/2158.05
=23.51 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 23.51% mean?
Midwest (NSE:MIDWESTLTD) has a Pretax Margin % of 23.51% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Midwest and its competitors. This is near median its historical median of 22.91. Over the past decade, Midwest's Pretax Margin % has ranged from 15.70 to 28.43. According to the industry distribution chart, Midwest ranks #60 out of 404 companies in the Building Materials industry, placing it in the top 14.9%.
Is Midwest's Pretax Margin % too high?
Midwest's current Pretax Margin % of 23.51% is near median its 10-year median of 22.91. Over the past 10 years, this metric has ranged from a low of 15.70 to a high of 28.43. The Building Materials industry median Pretax Margin % is 5.93. Midwest's value of 23.51% is 296.8% above this industry median. Based on the distribution chart, Midwest ranks #60 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Midwest has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Midwest's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Midwest ranks #60 out of 404 companies for Pretax Margin %. This places Midwest in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.93. Midwest's value of 23.51% is 296.8% above this benchmark. Historically, Midwest's own Pretax Margin % has ranged from 15.70 to 28.43 over the past decade. While the company's 10-year median is 22.91 vs. the industry median of 5.93, Midwest 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.93, 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. Midwest's current Pretax Margin % of 23.51% is 296.8% 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 Midwest and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midwest's current Pretax Margin % is 23.51%, which is near median its own 10-year median of 22.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midwest stock overvalued right now?
Midwest (NSE:MIDWESTLTD) has a current Pretax Margin % of 23.51%. The current Pretax Margin % is 23.51%, which is near median its 10-year median of 22.91 and 296.8% above the Building Materials industry median of 5.93. Midwest's overall GF Score™ is 18/100 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 Midwest (NSE:MIDWESTLTD), the current Pretax Margin % is 23.51% 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.

Midwest Business Description

Other Exchanges 544587:India
Address Road No.12, Banjara Hills, 8-2-684/3/25 and 26, Hyderabad, TG, IND, 500 034
Midwest Ltd is engaged in the business of exploration, exploitation, manufacturing, processing, and selling of dressed Granite blocks, Slabs, and Diamond cutting wires. It is a natural stone company focused on the mining, processing, and export of Black Galaxy Granite and other premium granite varieties. The company operates a complete value chain from quarrying to distribution, serving markets across various countries. Midwest has expanded into related areas such as quartz processing and diamond wire manufacturing. Revenue is generated mainly through the sale and export of Black Galaxy granite to the Chinese market. It operates in three business segments: (i) Natural Stone Segment; (ii) Diamond Wire Segment; and (iii) Others (comprises scrap sales and export incentives received).
18GF Score

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