National FertilizersNSE:NFL -1.98%72 Pretax Margin % is 4.37% as of Mar. 2026, which is 7% below its 10-year median of 4.69. GuruFocus rates NSE:NFL with a GF Score™ of 72/100 and a GF Value™ of ₹300.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 250 Agriculture companies, National Fertilizers ranks worse than 72% on this metric.
The historical rank and industry rank for National Fertilizers's Pretax Margin % or its related term are showing as below:
NSE:NFL'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.62 Med: 4.69 Max: 12.29
Current: 1.28
NSE:NFL's Pretax Margin % is ranked worse than 72% of 250
companies
in the Agriculture industry
Industry Median: 6.315
vs NSE:NFL: 1.28
National Fertilizers (NSE:NFL) 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.
National Fertilizers Pretax Margin % Related Terms
National Fertilizers Pretax Margin % Historical Data
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The historical data trend for National Fertilizers'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:NFL vs CTVA, CF, MOS: Pretax Margin % Comparison
For the Agricultural Inputs subindustry, National Fertilizers'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.
National Fertilizers Pretax Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, National Fertilizers's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where National Fertilizers'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.
National Fertilizers (NSE:NFL) has a Pretax Margin % of 4.37% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on National Fertilizers and its competitors. This is near median its historical median of 4.69. According to the industry distribution chart, National Fertilizers ranks #180 out of 250 companies in the Agriculture industry, placing it in the top 72%.
Is National Fertilizers' Pretax Margin % too high?
National Fertilizers' current Pretax Margin % of 4.37% is near median its 10-year median of 4.69. The Agriculture industry median Pretax Margin % is 6.32. National Fertilizers' value of 4.37% is 30.8% below this industry median. Based on the distribution chart, National Fertilizers ranks #180 out of 250 companies in the Agriculture industry, which is below the industry midpoint. Overall, National Fertilizers has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Fertilizers' Pretax Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, National Fertilizers ranks #180 out of 250 companies for Pretax Margin %. This places National Fertilizers in the lower half of its industry. The industry median Pretax Margin % is 6.32. National Fertilizers' value of 4.37% is 30.8% below this benchmark. While the company's 10-year median is 4.69 vs. the industry median of 6.32, National Fertilizers 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 an Agriculture company?
The median Pretax Margin % among Agriculture companies is 6.32, based on 250 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. National Fertilizers's current Pretax Margin % of 4.37% is 30.8% 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 National Fertilizers and its competitors. For the Agriculture industry, the median Pretax Margin % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fertilizers's current Pretax Margin % is 4.37%, which is near median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, National Fertilizers (NSE:NFL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹300.43, compared to a current price of ₹75.18 — trading 75% below its estimated fair value. The current Pretax Margin % is 4.37%, which is near median its 10-year median of 4.69 and 30.8% below the Agriculture industry median of 6.32. National Fertilizers' overall GF Score™ is 72/100 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 National Fertilizers (NSE:NFL), the current Pretax Margin % is 4.37% 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 National Fertilizers (NSE:NFL) Overvalued in 2026?
Based on GuruFocus' analysis, National Fertilizers stock appears to be undervalued.
The current stock price of ₹75.18 is trading 75% below its estimated GF Value™ of ₹300.43.
GuruFocus considers National Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:NFL:
Pretax Margin %: 4.37% (near median its 10-year median of 4.69)
GF Value™: ₹300.43 vs. price of ₹75.18 (75% below fair value)
Industry Position: 30.8% below the Agriculture median (#180 of 250)
No single metric tells the full story. See the NSE:NFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Fertilizers Ltd is engaged in the business of manufacturing agro chemicals. Its product portfolio includes Neem Coated Urea, four strains of Bio-Fertilizers (solid & liquid), Bentonite Sulphur, and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The brand name of the company is known in the market as KISAN. The company also provides agriculture extension services to educate farmers on fertilizers and the know-how on scientific methods of cultivation. Its operating segments include Manufactured Fertilizers which derive key revenue, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Geographically, the company caters only to the Indian market.
72GF Score
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