National Refinery (KAR:NRL) Tax Rate %: 37.28% (As of Mar. 2026)

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KAR:NRL National Refinery Ltd KAR:NRL
72 GF Score
Price ₨492.95
GF Value ₨333.54
Valuation Significantly Overvalued
! 6 Warning Signs
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What is National Refinery Tax Rate %?

National Refinery KAR:NRL +9.94% 72 Tax Rate % is 37.28% as of Mar. 2026. GuruFocus rates KAR:NRL with a GF Score™ of 72/100 and a GF Value™ of ₨333.54 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Refinery's Tax Expense for the three months ended in Mar. 2026 was ₨4,340 Mil. National Refinery's Pre-Tax Income for the three months ended in Mar. 2026 was ₨11,642 Mil. Therefore, National Refinery's Tax Rate % for the quarter that ended in Mar. 2026 was 37.28%.

National Refinery Tax Rate % Related Terms

National Refinery Tax Rate % Historical Data

* Premium members only.

The historical data trend for National Refinery's Tax Rate % 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.

National Refinery Tax Rate % Chart

National Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.42 23.13 12.88 15.36 17.53

National Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.36 61.76 45.14 46.49 37.28
KAR:NRL
72GF Score
National Refinery Ltd KAR:NRL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Refinery Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

National Refinery's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=-3160.734/-18027.656
=17.53 %

National Refinery's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=4340/11641.836
=37.28 %

* 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 Tax Rate % →
What does a Tax Rate % of 37.28% mean?
National Refinery (KAR:NRL) has a Tax Rate % of 37.28% as of Mar. 2026.
Is National Refinery's Tax Rate % too high?
National Refinery's current Tax Rate % is 37.28%. Overall, National Refinery has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Refinery's Tax Rate % compare to MPC and VLO?
National Refinery's Tax Rate % of 37.28% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. National Refinery's current Tax Rate % is 37.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Refinery stock overvalued right now?
Based on GuruFocus' analysis, National Refinery (KAR:NRL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨333.54, compared to a current price of ₨492.95 — trading 47.8% above its estimated fair value. The current Tax Rate % is 37.28%. National Refinery's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For National Refinery (KAR:NRL), the current Tax Rate % is 37.28% 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 Refinery (KAR:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, National Refinery stock appears to be overvalued. The current stock price of ₨492.95 is trading 47.8% above its estimated GF Value™ of ₨333.54. GuruFocus considers National Refinery to be Significantly Overvalued.

Key valuation signals for KAR:NRL:

  • Tax Rate %: 37.28%
  • GF Value™: ₨333.54 vs. price of ₨492.95 (47.8% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the KAR:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Refinery Business Description

Industry EnergyOil & Gas
Address 7-B, Korangi Industrial Area, P.O. Box 8228, Karachi, PAK, 74900
National Refinery Ltd is a Pakistan-based company engaged in manufacturing and supplying fuel products, lubes, BTX, asphalts and specialty products for domestic consumption and export. It is also involved in the crude oil refining business. The company operates through two segments namely Fuel and Lube. The Fuel segment, which is the key revenue driver, is engaged in the production of high-speed diesel, naphtha, motor gasoline, liquefied petroleum gas, jet fuels, and furnace oil. The Lube segment produces multiple grades of lube base oils, bitumen, waxes and rubber process oil and some quantities of other fuel products. It derives maximum revenue from Fuel Segment.
72GF Score

Get the complete analysis for KAR:NRL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨492.95
Price
₨333.54
GF Value