Prakash IndustriesNSE:PRAKASH -0.34%78 Pretax Margin % is 10.14% as of Mar. 2026, which is 41% above its 10-year median of 7.20. GuruFocus rates NSE:PRAKASH with a GF Score™ of 78/100 and a GF Value™ of ₹144.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 611 Steel companies, Prakash Industries ranks better than 81.34% on this metric.
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.
Prakash Industries Pretax Margin % Related Terms
Prakash Industries Pretax Margin % Historical Data
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The historical data trend for Prakash Industries'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:PRAKASH vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Prakash Industries'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.
Prakash Industries Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Prakash Industries'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.
Prakash Industries (NSE:PRAKASH) has a Pretax Margin % of 10.14% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Prakash Industries and its competitors. This is 41% above median its historical median of 7.20. Over the past decade, Prakash Industries' Pretax Margin % has ranged from 2.96 to 15.40. According to the industry distribution chart, Prakash Industries ranks #114 out of 611 companies in the Steel industry, placing it in the top 18.7%.
Is Prakash Industries' Pretax Margin % too high?
Prakash Industries' current Pretax Margin % of 10.14% is 41% above median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 15.40. The Steel industry median Pretax Margin % is 2.58. Prakash Industries' value of 10.14% is 293% above this industry median. Based on the distribution chart, Prakash Industries ranks #114 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Prakash Industries has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prakash Industries' Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Industries ranks #114 out of 611 companies for Pretax Margin %. This places Prakash Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.58. Prakash Industries' value of 10.14% is 293% above this benchmark. Historically, Prakash Industries' own Pretax Margin % has ranged from 2.96 to 15.40 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 2.58, Prakash Industries 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 Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. Prakash Industries's current Pretax Margin % of 10.14% is 293% 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 Prakash Industries and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Industries's current Pretax Margin % is 10.14%, which is 41% above median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Industries stock overvalued right now?
Based on GuruFocus' analysis, Prakash Industries (NSE:PRAKASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹144.30, compared to a current price of ₹139.27 — trading 3.5% below its estimated fair value. The current Pretax Margin % is 10.14%, which is 41% above median its 10-year median of 7.20 and 293% above the Steel industry median of 2.58. Prakash Industries' overall GF Score™ is 78/100 with 6 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 Prakash Industries (NSE:PRAKASH), the current Pretax Margin % is 10.14% 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 Prakash Industries (NSE:PRAKASH) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Industries stock appears to be undervalued.
The current stock price of ₹139.27 is trading 3.5% below its estimated GF Value™ of ₹144.30.
GuruFocus considers Prakash Industries to be Fairly Valued.
Key valuation signals for NSE:PRAKASH:
Pretax Margin %: 10.14% (41% above median its 10-year median of 7.20)
GF Value™: ₹144.30 vs. price of ₹139.27 (3.5% below fair value)
Industry Position: 293% above the Steel median (#114 of 611)
No single metric tells the full story. See the NSE:PRAKASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Industries Ltd is an integrated steel and power company, specializing in the manufacturing and sale of high-quality iron and steel products such as sponge iron, wire rods, TMT bars, and ferroalloys. The company operates an integrated steel plant in Chhattisgarh, utilizing cutting-edge coal-based sponge iron production techniques. Additionally, the company has forward integration with facilities producing value-added steel products and operates a captive power generation plant, making it self-reliant in energy needs. Focused on innovation, cost efficiency, and sustainable growth, the company delivers competitive products while expanding its footprint across India's steel and power sectors.
78GF Score
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