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.
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.
Net margin is calculated as Net Income divided by its Revenue. ITI's Net Income for the
three
months ended in Jun. 2026 was ₹-323 Mil. ITI's Revenue for the
three
months ended in Jun. 2026 was ₹4,250 Mil. Therefore, ITI's net margin for the quarter that ended in Jun. 2026 was -7.59%.
The historical rank and industry rank for ITI's Net Margin % or its related term are showing as below:
BOM:523610'
s Net Margin % Range Over the Past 10 Years
Min: -45.02 Med: 5.97 Max: 17.45
Current: 12.47
BOM:523610's Net Margin % is ranked better than 84.98% of 2477
companies
in the Hardware industry
Industry Median: 2.66
vs BOM:523610: 12.47
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.
ITI Net Margin % Related Terms
ITI Net Margin % Historical Data
* Premium members only.
The historical data trend for ITI'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:523610 vs CSCO, MSI, HPE: Net Margin % Comparison
For the Communication Equipment subindustry, ITI'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.
ITI Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, ITI's Net Margin % distribution charts can be found below:
* The bar in red indicates where ITI'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.
ITI (BOM:523610) has a Net Margin % of -7.59% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on ITI and its competitors. According to the industry distribution chart, ITI ranks #372 out of 2477 companies in the Hardware industry, placing it in the top 15%.
Is ITI's Net Margin % too high?
ITI's current Net Margin % is -7.59%. Based on the distribution chart, ITI ranks #372 out of 2477 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ITI has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ITI's Net Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, ITI ranks #372 out of 2477 companies for Net Margin %. This places ITI in the top 15% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.66. 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 Hardware company?
The median Net Margin % among Hardware companies is 2.66, based on 2,477 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 ITI and its competitors. For the Hardware industry, the median Net Margin % is 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITI's current Net Margin % is -7.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITI stock overvalued right now?
Based on GuruFocus' analysis, ITI (BOM:523610) is currently considered Fairly Valued. The stock's GF Value™ is ₹263.83, compared to a current price of ₹276.65 — trading 4.9% above its estimated fair value. The current Net Margin % is -7.59%. ITI's overall GF Score™ is 59/100 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 ITI (BOM:523610), the current Net Margin % is -7.59% 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 ITI (BOM:523610) Overvalued in 2026?
Based on GuruFocus' analysis, ITI stock appears to be overvalued.
The current stock price of ₹276.65 is trading 4.9% above its estimated GF Value™ of ₹263.83.
GuruFocus considers ITI to be Fairly Valued.
Key valuation signals for BOM:523610:
Net Margin %: -7.59%
GF Value™: ₹263.83 vs. price of ₹276.65 (4.9% above fair value)
No single metric tells the full story. See the BOM:523610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITI Ltd is an Indian manufacturer and service provider of telecommunication equipment and network infrastructure using IP/MPLS, optical fiber, microwave, and satellite technologies. Its products include GPON devices, Digital Mobile Radio systems, smart energy meters, defence encryption products, Wi-Fi equipment, smart cards, solar modules, IoT devices, and other communication hardware. The company also supplies traded communication and IT equipment. Its services cover turnkey project execution, installation, maintenance, data center hosting, electronic manufacturing, PCB fabrication, environmental testing, and 3D printing. It focuses on innovation and serves the Indian telecom, smart cities, and defence sectors.
59GF Score
Get the complete analysis for BOM:523610
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:523610 has been successfully added to your 
