P S Raj Steels (NSE:PSRAJ) Pretax Margin %: 4.38% (As of Mar. 2026) — 54% Above Median

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NSE:PSRAJ P S Raj Steels Ltd NSE:PSRAJ
19 GF Score
Price ₹417.90
! 5 Warning Signs
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What is P S Raj Steels Pretax Margin %?

P S Raj Steels NSE:PSRAJ 19 Pretax Margin % is 4.38% as of Mar. 2026, which is 54% above its 10-year median of 2.84. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 611 Steel companies, P S Raj Steels ranks better than 60.07% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. P S Raj Steels's Pre-Tax Income for the six months ended in Mar. 2026 was ₹60 Mil. P S Raj Steels's Revenue for the six months ended in Mar. 2026 was ₹1,358 Mil. Therefore, P S Raj Steels's pretax margin for the quarter that ended in Mar. 2026 was 4.38%.

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

NSE:PSRAJ' s Pretax Margin % Range Over the Past 10 Years
Min: 2.17   Med: 2.84   Max: 4.25
Current: 4.24


NSE:PSRAJ's Pretax Margin % is ranked better than
60.07% of 611 companies
in the Steel industry
Industry Median: 2.58 vs NSE:PSRAJ: 4.24

P S Raj Steels  (NSE:PSRAJ) 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.


P S Raj Steels Pretax Margin % Related Terms


P S Raj Steels Pretax Margin % Historical Data

* Premium members only.

The historical data trend for P S Raj Steels'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.

P S Raj Steels Pretax Margin % Chart

P S Raj Steels Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
2.63 2.17 2.84 3.79 4.25

P S Raj Steels Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Pretax Margin % Get a 7-Day Free Trial 0.00 3.72 3.79 4.10 4.38

NSE:PSRAJ vs NUE, STLD, RS: Pretax Margin % Comparison

For the Steel subindustry, P S Raj Steels'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.


P S Raj Steels Pretax Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, P S Raj Steels's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where P S Raj Steels's Pretax Margin % falls into.


NSE:PSRAJ
19GF Score
P S Raj Steels Ltd NSE:PSRAJ
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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P S Raj Steels 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.

P S Raj Steels'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 )
=112.997/2659.944
=4.25 %

P S Raj Steels'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 )
=59.511/1357.815
=4.38 %

* 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 4.38% mean?
P S Raj Steels (NSE:PSRAJ) has a Pretax Margin % of 4.38% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on P S Raj Steels and its competitors. This is 54% above median its historical median of 2.84. Over the past decade, P S Raj Steels' Pretax Margin % has ranged from 2.17 to 4.25. According to the industry distribution chart, P S Raj Steels ranks #244 out of 611 companies in the Steel industry, placing it in the top 39.9%.
Is P S Raj Steels' Pretax Margin % too high?
P S Raj Steels' current Pretax Margin % of 4.38% is 54% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 4.25. The Steel industry median Pretax Margin % is 2.58. P S Raj Steels' value of 4.38% is 69.8% above this industry median. Based on the distribution chart, P S Raj Steels ranks #244 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #244 out of 611 companies for Pretax Margin %. This puts P S Raj Steels in the upper half of its industry. The industry median Pretax Margin % is 2.58. P S Raj Steels' value of 4.38% is 69.8% above this benchmark. Historically, P S Raj Steels' own Pretax Margin % has ranged from 2.17 to 4.25 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.58, P S Raj Steels 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. P S Raj Steels's current Pretax Margin % of 4.38% is 69.8% 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 P S Raj Steels 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. P S Raj Steels's current Pretax Margin % is 4.38%, which is 54% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current Pretax Margin % of 4.38%. The current Pretax Margin % is 4.38%, which is 54% above median its 10-year median of 2.84 and 69.8% above the Steel industry median of 2.58. P S Raj Steels' overall GF Score™ is 19/100 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 P S Raj Steels (NSE:PSRAJ), the current Pretax Margin % is 4.38% 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.

P S Raj Steels Business Description

Address 51 Block A, IDC, Hisar, HR, IND, 125005
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF 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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