Reliance PowerNSE:RPOWER -2.47%64 Pretax Margin % is -22.55% as of Mar. 2026. GuruFocus rates NSE:RPOWER with a GF Score™ of 64/100 and a GF Value™ of ₹29.99 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 423 Utilities - Independent Power Producers companies, Reliance Power ranks worse than 71.63% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Reliance Power's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹-4,255 Mil. Reliance Power's Revenue for the
three
months ended in Mar. 2026 was ₹18,873 Mil. Therefore, Reliance Power's pretax margin for the quarter that ended in Mar. 2026 was -22.55%.
The historical rank and industry rank for Reliance Power's Pretax Margin % or its related term are showing as below:
NSE:RPOWER'
s Pretax Margin % Range Over the Past 10 Years
Min: -60.79 Med: -2.94 Max: 40.19
Current: -1.9
NSE:RPOWER's Pretax Margin % is ranked worse than 71.63% of 423
companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.65
vs NSE:RPOWER: -1.90
Reliance Power (NSE:RPOWER) 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.
Reliance Power Pretax Margin % Related Terms
Reliance Power Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Reliance Power'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:RPOWER vs CEG, VST, NRG: Pretax Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Reliance Power'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.
Reliance Power Pretax Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Power's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Reliance Power'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.
Reliance Power (NSE:RPOWER) has a Pretax Margin % of -22.55% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Reliance Power and its competitors. According to the industry distribution chart, Reliance Power ranks #303 out of 423 companies in the Utilities - Independent Power Producers industry, placing it in the top 71.6%.
Is Reliance Power's Pretax Margin % too high?
Reliance Power's current Pretax Margin % is -22.55%. Based on the distribution chart, Reliance Power ranks #303 out of 423 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Reliance Power has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Power's Pretax Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Reliance Power ranks #303 out of 423 companies for Pretax Margin %. This places Reliance Power in the lower half of its industry. The industry median Pretax Margin % is 8.65. 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 Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.65, based on 423 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. 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 Reliance Power and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Power's current Pretax Margin % is -22.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Power stock overvalued right now?
Based on GuruFocus' analysis, Reliance Power (NSE:RPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.99, compared to a current price of ₹26.50 — trading 11.6% below its estimated fair value. The current Pretax Margin % is -22.55%. Reliance Power's overall GF Score™ is 64/100 with 7 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 Reliance Power (NSE:RPOWER), the current Pretax Margin % is -22.55% 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 Reliance Power (NSE:RPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Power stock appears to be undervalued.
The current stock price of ₹26.50 is trading 11.6% below its estimated GF Value™ of ₹29.99.
GuruFocus considers Reliance Power to be Modestly Undervalued.
Key valuation signals for NSE:RPOWER:
Pretax Margin %: -22.55%
GF Value™: ₹29.99 vs. price of ₹26.50 (11.6% below fair value)
No single metric tells the full story. See the NSE:RPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its only operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. The company derives its revenue from the sale of energy, but support service agreements contribute as well.
64GF 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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