Hind Rectifiers (BOM:504036) Net Margin %: 1.61% (As of Mar. 2026) — 29% Below Median

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.

BOM:504036 Hind Rectifiers Ltd BOM:504036
66 GF Score
Price ₹1,310.05
GF Value ₹829.81
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hind Rectifiers Net Margin %?

Hind Rectifiers BOM:504036 +4.73% 66 Net Margin % is 1.61% as of Mar. 2026, which is 29% below its 10-year median of 2.26. GuruFocus rates BOM:504036 with a GF Score™ of 66/100 and a GF Value™ of ₹829.81 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,032 Industrial Products companies, Hind Rectifiers ranks worse than 50.13% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hind Rectifiers's Net Income for the three months ended in Mar. 2026 was ₹45 Mil. Hind Rectifiers's Revenue for the three months ended in Mar. 2026 was ₹2,798 Mil. Therefore, Hind Rectifiers's net margin for the quarter that ended in Mar. 2026 was 1.61%.

The historical rank and industry rank for Hind Rectifiers's Net Margin % or its related term are showing as below:

BOM:504036' s Net Margin % Range Over the Past 10 Years
Min: -6.4   Med: 2.26   Max: 6.17
Current: 4.47


BOM:504036's Net Margin % is ranked worse than
50.13% of 3032 companies
in the Industrial Products industry
Industry Median: 4.5 vs BOM:504036: 4.47

Hind Rectifiers  (BOM:504036) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hind Rectifiers Net Margin % Related Terms


Hind Rectifiers Net Margin % Historical Data

* Premium members only.

The historical data trend for Hind Rectifiers's Net Margin % 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.

Hind Rectifiers Net Margin % Chart

Hind Rectifiers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 -1.78 2.42 5.67 4.51

Hind Rectifiers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 5.40 5.94 6.48 4.58 1.61

BOM:504036 vs VRT, BE: Net Margin % Comparison

For the Electrical Equipment & Parts subindustry, Hind Rectifiers's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hind Rectifiers Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hind Rectifiers's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hind Rectifiers's Net Margin % falls into.


BOM:504036
66GF Score
Hind Rectifiers Ltd BOM:504036
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hind Rectifiers Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hind Rectifiers's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=450.08/9971.47
=4.51 %

Hind Rectifiers's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=45.05/2798.15
=1.61 %

* 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 Net Margin % →
What does a Net Margin % of 1.61% mean?
Hind Rectifiers (BOM:504036) has a Net Margin % of 1.61% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hind Rectifiers and its competitors. This is 29% below median its historical median of 2.26. According to the industry distribution chart, Hind Rectifiers ranks #1520 out of 3032 companies in the Industrial Products industry, placing it in the top 50.1%.
Is Hind Rectifiers' Net Margin % too high?
Hind Rectifiers' current Net Margin % of 1.61% is 29% below median its 10-year median of 2.26. The Industrial Products industry median Net Margin % is 4.50. Hind Rectifiers' value of 1.61% is 64.2% below this industry median. Based on the distribution chart, Hind Rectifiers ranks #1520 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hind Rectifiers has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hind Rectifiers' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hind Rectifiers ranks #1520 out of 3032 companies for Net Margin %. This places Hind Rectifiers in the lower half of its industry. The industry median Net Margin % is 4.50. Hind Rectifiers' value of 1.61% is 64.2% below this benchmark. While the company's 10-year median is 2.26 vs. the industry median of 4.50, Hind Rectifiers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.50, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hind Rectifiers's current Net Margin % of 1.61% is 64.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hind Rectifiers and its competitors. For the Industrial Products industry, the median Net Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hind Rectifiers's current Net Margin % is 1.61%, which is 29% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hind Rectifiers stock overvalued right now?
Based on GuruFocus' analysis, Hind Rectifiers (BOM:504036) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹829.81, compared to a current price of ₹1,310.05 — trading 57.9% above its estimated fair value. The current Net Margin % is 1.61%, which is 29% below median its 10-year median of 2.26 and 64.2% below the Industrial Products industry median of 4.50. Hind Rectifiers' overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hind Rectifiers (BOM:504036), the current Net Margin % is 1.61% 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 Hind Rectifiers (BOM:504036) Overvalued in 2026?

Based on GuruFocus' analysis, Hind Rectifiers stock appears to be overvalued. The current stock price of ₹1,310.05 is trading 57.9% above its estimated GF Value™ of ₹829.81. GuruFocus considers Hind Rectifiers to be Significantly Overvalued.

Key valuation signals for BOM:504036:

  • Net Margin %: 1.61% (29% below median its 10-year median of 2.26)
  • GF Value™: ₹829.81 vs. price of ₹1,310.05 (57.9% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 64.2% below the Industrial Products median (#1520 of 3032)

No single metric tells the full story. See the BOM:504036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hind Rectifiers Business Description

Other Exchanges HIRECT:India
Address Lake Road, Bhandup (West), Mumbai, MH, IND, 400078
Hind Rectifiers Ltd is engaged in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipment, and railway transportation equipment. Its products include High Voltage, Cathodic Protection - TRU, Power Diodes, Rectifiers, Transformers, Converters, motors, panels, HVAC, power supplies, & battery chargers, for railway and general industries like power-plant, steel, cement, etc.
66GF Score

Get the complete analysis for BOM:504036

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

₹1,310.05
Price
₹829.81
GF Value