Novartis India (NSE:NOVARTIND) Tax Rate %: 25.39% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NOVARTIND Novartis India Ltd NSE:NOVARTIND
69 GF Score
Price ₹1,486.30
GF Value ₹1,040.75
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Novartis India Tax Rate %?

Novartis India NSE:NOVARTIND -1.06% 69 Tax Rate % is 25.39% as of Jun. 2026. GuruFocus rates NSE:NOVARTIND with a GF Score™ of 69/100 and a GF Value™ of ₹1,040.75 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novartis India's Tax Expense for the three months ended in Jun. 2026 was ₹110 Mil. Novartis India's Pre-Tax Income for the three months ended in Jun. 2026 was ₹432 Mil. Therefore, Novartis India's Tax Rate % for the quarter that ended in Jun. 2026 was 25.39%.


Novartis India Tax Rate % Related Terms


Novartis India Tax Rate % Historical Data

* Premium members only.

The historical data trend for Novartis India'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.

Novartis India Tax Rate % Chart

Novartis India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 10.42 30.65 22.63 28.14

Novartis India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 25.79 25.82 45.73 16.22 25.39
NSE:NOVARTIND
69GF Score
Novartis India Ltd NSE:NOVARTIND
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novartis India Tax Rate % Calculation

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

Novartis India'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 )
=364.8/1296.6
=28.14 %

Novartis India's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=109.6/431.7
=25.39 %

* 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 25.39% mean?
Novartis India (NSE:NOVARTIND) has a Tax Rate % of 25.39% as of Jun. 2026.
Is Novartis India's Tax Rate % too high?
Novartis India's current Tax Rate % is 25.39%. Overall, Novartis India has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novartis India's Tax Rate % compare to ZTS?
Novartis India's Tax Rate % of 25.39% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Novartis India's current Tax Rate % is 25.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novartis India stock overvalued right now?
Based on GuruFocus' analysis, Novartis India (NSE:NOVARTIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,040.75, compared to a current price of ₹1,486.30 — trading 42.8% above its estimated fair value. The current Tax Rate % is 25.39%. Novartis India's overall GF Score™ is 69/100 with 3 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 Novartis India (NSE:NOVARTIND), the current Tax Rate % is 25.39% as of Jun. 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 Novartis India (NSE:NOVARTIND) Overvalued in 2026?

Based on GuruFocus' analysis, Novartis India stock appears to be overvalued. The current stock price of ₹1,486.30 is trading 42.8% above its estimated GF Value™ of ₹1,040.75. GuruFocus considers Novartis India to be Significantly Overvalued.

Key valuation signals for NSE:NOVARTIND:

  • Tax Rate %: 25.39%
  • GF Value™: ₹1,040.75 vs. price of ₹1,486.30 (42.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Novartis India Business Description

Other Exchanges 500672:India
Address Inspire BKC, Part of 601 & 701, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Novartis India Ltd is an Indian-based pharmaceutical company. The company is engaged in the trading of Drugs and Pharmaceuticals. It derives revenue from operations in India. The company operates in a single business segment, namely Pharmaceutical Business. Its Pharmaceutical business focuses on Bone and Pain, Transplantation Immunology, and Neurosciences.
69GF Score

Get the complete analysis for NSE:NOVARTIND

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

₹1,486.30
Price
₹1,040.75
GF Value