Galaxy Medicare (NSE:GML) Tax Rate %: 27.56% (As of Mar. 2026)

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NSE:GML Galaxy Medicare Ltd NSE:GML
19 GF Score
Price ₹16.90
! 2 Warning Signs
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What is Galaxy Medicare Tax Rate %?

Galaxy Medicare NSE:GML -1.74% 19 Tax Rate % is 27.56% as of Mar. 2026. GuruFocus rates NSE:GML with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Galaxy Medicare's Tax Expense for the six months ended in Mar. 2026 was ₹5.3 Mil. Galaxy Medicare's Pre-Tax Income for the six months ended in Mar. 2026 was ₹19.3 Mil. Therefore, Galaxy Medicare's Tax Rate % for the quarter that ended in Mar. 2026 was 27.56%.

Galaxy Medicare Tax Rate % Related Terms

Galaxy Medicare Tax Rate % Historical Data

* Premium members only.

The historical data trend for Galaxy Medicare'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.

Galaxy Medicare Tax Rate % Chart

Galaxy Medicare Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
388.36 21.54 21.55 25.66 27.38

Galaxy Medicare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Tax Rate % Get a 7-Day Free Trial 0.00 29.34 21.45 27.26 27.56
NSE:GML
19GF Score
Galaxy Medicare Ltd NSE:GML
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Galaxy Medicare Tax Rate % Calculation

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

Galaxy Medicare's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=12.887/47.068
=27.38 %

Galaxy Medicare'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 )
=5.319/19.303
=27.56 %

* 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 27.56% mean?
Galaxy Medicare (NSE:GML) has a Tax Rate % of 27.56% as of Mar. 2026.
Is Galaxy Medicare's Tax Rate % too high?
Galaxy Medicare's current Tax Rate % is 27.56%. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's Tax Rate % compare to ISRG and BDX?
Galaxy Medicare's Tax Rate % of 27.56% can be compared against companies in the Medical Devices & Instruments 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 a Medical Devices & Instruments company?
A good Tax Rate % depends on the Medical Devices & Instruments 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. Galaxy Medicare's current Tax Rate % is 27.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current Tax Rate % of 27.56%. The current Tax Rate % is 27.56%. Galaxy Medicare's overall GF Score™ is 19/100 with 2 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 Galaxy Medicare (NSE:GML), the current Tax Rate % is 27.56% 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.

Galaxy Medicare Business Description

Address Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate, Khurda, Bhubaneswar, OR, IND, 751010
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
19GF Score

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

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