Mangal Electrical Industries (NSE:MEIL) Tax Rate %: 25.91% (As of Mar. 2026)

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NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
19 GF Score
Price ₹295.45
! 4 Warning Signs
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What is Mangal Electrical Industries Tax Rate %?

Mangal Electrical Industries NSE:MEIL -1.83% 19 Tax Rate % is 25.91% as of Mar. 2026. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mangal Electrical Industries's Tax Expense for the three months ended in Mar. 2026 was ₹45 Mil. Mangal Electrical Industries's Pre-Tax Income for the three months ended in Mar. 2026 was ₹172 Mil. Therefore, Mangal Electrical Industries's Tax Rate % for the quarter that ended in Mar. 2026 was 25.91%.

Mangal Electrical Industries Tax Rate % Related Terms

Mangal Electrical Industries Tax Rate % Historical Data

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The historical data trend for Mangal Electrical Industries'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.

Mangal Electrical Industries Tax Rate % Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
21.49 24.74 25.47 25.75 25.71

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only 25.94 25.94 25.38 25.66 25.91
NSE:MEIL
19GF Score
Mangal Electrical Industries Ltd NSE:MEIL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangal Electrical Industries Tax Rate % Calculation

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

Mangal Electrical Industries'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 )
=149.441/581.151
=25.71 %

Mangal Electrical Industries'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 )
=44.598/172.103
=25.91 %

* 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 25.91% mean?
Mangal Electrical Industries (NSE:MEIL) has a Tax Rate % of 25.91% as of Mar. 2026.
Is Mangal Electrical Industries' Tax Rate % too high?
Mangal Electrical Industries' current Tax Rate % is 25.91%. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Tax Rate % compare to VRT and BE?
Mangal Electrical Industries' Tax Rate % of 25.91% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Mangal Electrical Industries's current Tax Rate % is 25.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Tax Rate % of 25.91%. The current Tax Rate % is 25.91%. Mangal Electrical Industries' overall GF Score™ is 19/100 with 4 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 Mangal Electrical Industries (NSE:MEIL), the current Tax Rate % is 25.91% 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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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