Munish Forge (NSE:MUNISH) Tax Rate %: 26.88% (As of Mar. 2026)

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NSE:MUNISH Munish Forge Ltd NSE:MUNISH
14 GF Score
Price ₹87.45
! 4 Warning Signs
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What is Munish Forge Tax Rate %?

Munish Forge NSE:MUNISH +7.30% 14 Tax Rate % is 26.88% as of Mar. 2026. GuruFocus rates NSE:MUNISH with a GF Score™ of 14/100. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Munish Forge's Tax Expense for the six months ended in Mar. 2026 was ₹13 Mil. Munish Forge's Pre-Tax Income for the six months ended in Mar. 2026 was ₹47 Mil. Therefore, Munish Forge's Tax Rate % for the quarter that ended in Mar. 2026 was 26.88%.

Munish Forge Tax Rate % Related Terms

Munish Forge Tax Rate % Historical Data

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The historical data trend for Munish Forge'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.

Munish Forge Tax Rate % Chart

Munish Forge Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
-21.15 18.42 23.96 26.03 18.32

Munish Forge Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate % 0.00 0.00 0.00 26.59 26.88
NSE:MUNISH
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Munish Forge Ltd NSE:MUNISH
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Munish Forge Tax Rate % Calculation

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

Munish Forge'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 )
=23.619/128.902
=18.32 %

Munish Forge'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 )
=12.544/46.663
=26.88 %

* 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 26.88% mean?
Munish Forge (NSE:MUNISH) has a Tax Rate % of 26.88% as of Mar. 2026.
Is Munish Forge's Tax Rate % too high?
Munish Forge's current Tax Rate % is 26.88%. Overall, Munish Forge has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Munish Forge's Tax Rate % compare to CRS and ATI?
Munish Forge's Tax Rate % of 26.88% 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. Munish Forge's current Tax Rate % is 26.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munish Forge stock overvalued right now?
Munish Forge (NSE:MUNISH) has a current Tax Rate % of 26.88%. The current Tax Rate % is 26.88%. Munish Forge's overall GF Score™ is 14/100 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 Munish Forge (NSE:MUNISH), the current Tax Rate % is 26.88% 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.

Munish Forge Business Description

Address Village-Gobindgarh, Adjustment Phase-VII, Focal Point, Ludhiana, PB, IND, 141010
Munish Forge Ltd is a manufacturer in the forging and casting industry, specializing in manufacturing premium forged and cast components. It manufactures components like Flange, Scaffolding, Auto parts, Tank tracks chains, Bomb shells, Fence post and steel accessories as per customer specifications and International Standard catering to the requirements of Indian Army and various industries such as Defence, Oil and Gas, Automobile, Construction and Infrastructure.
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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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