Net margin is calculated as Net Income divided by its Revenue. Tulsyan NEC's Net Income for the
three
months ended in Mar. 2026 was ₹-194 Mil. Tulsyan NEC's Revenue for the
three
months ended in Mar. 2026 was ₹1,650 Mil. Therefore, Tulsyan NEC's net margin for the quarter that ended in Mar. 2026 was -11.74%.
The historical rank and industry rank for Tulsyan NEC's Net Margin % or its related term are showing as below:
BOM:513629'
s Net Margin % Range Over the Past 10 Years
Min: -29.22 Med: -8.17 Max: 93.05
Current: -7.97
BOM:513629's Net Margin % is ranked worse than 87.73% of 611
companies
in the Steel industry
Industry Median: 1.86
vs BOM:513629: -7.97
Tulsyan NEC (BOM:513629) 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.
Tulsyan NEC Net Margin % Related Terms
Tulsyan NEC Net Margin % Historical Data
* Premium members only.
The historical data trend for Tulsyan NEC'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.
BOM:513629 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Tulsyan NEC'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.
Tulsyan NEC Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Tulsyan NEC's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tulsyan NEC's Net Margin % falls into.
* 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.
Tulsyan NEC (BOM:513629) has a Net Margin % of -11.74% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tulsyan NEC and its competitors. According to the industry distribution chart, Tulsyan NEC ranks #536 out of 611 companies in the Steel industry, placing it in the top 87.7%.
Is Tulsyan NEC's Net Margin % too high?
Tulsyan NEC's current Net Margin % is -11.74%. Based on the distribution chart, Tulsyan NEC ranks #536 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tulsyan NEC has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tulsyan NEC's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Tulsyan NEC ranks #536 out of 611 companies for Net Margin %. This places Tulsyan NEC in the lower half of its industry. The industry median Net Margin % is 1.86. 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 a Steel company?
The median Net Margin % among Steel companies is 1.86, based on 611 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. 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 Tulsyan NEC and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tulsyan NEC's current Net Margin % is -11.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tulsyan NEC stock overvalued right now?
Based on GuruFocus' analysis, Tulsyan NEC (BOM:513629) is currently considered Possible Value Trap. The stock's GF Value™ is ₹51.99, compared to a current price of ₹30.05 — trading 42.2% below its estimated fair value. The current Net Margin % is -11.74%. Tulsyan NEC's overall GF Score™ is 45/100 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 Tulsyan NEC (BOM:513629), the current Net Margin % is -11.74% 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 Tulsyan NEC (BOM:513629) Overvalued in 2026?
Based on GuruFocus' analysis, Tulsyan NEC stock appears to be undervalued.
The current stock price of ₹30.05 is trading 42.2% below its estimated GF Value™ of ₹51.99.
GuruFocus considers Tulsyan NEC to be Possible Value Trap.
Key valuation signals for BOM:513629:
Net Margin %: -11.74%
GF Value™: ₹51.99 vs. price of ₹30.05 (42.2% below fair value)
No single metric tells the full story. See the BOM:513629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tulsyan NEC Ltd operates in three segments i.e., (a) Steel Division; (b) Synthetic Division; and (c) Power. Its principal steel products are Thermo Mechanically Treated (TMT) bars. The company is recognized for being the first licensed rolling mill in South India to produce TMT steel rebars, utilizing modern machinery imported from Europe and maintaining a focus on technology, quality, and cost. Tulsyan NEC generates revenue predominantly through the sale of these steel bars, along with power and high-density polyethylene/polypropylene woven sacks under its packaging division. Its operations are concentrated mainly in South India.
45GF Score
Get the complete analysis for BOM:513629
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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