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Net margin is calculated as Net Income divided by its Revenue. Mukat Pipes's Net Income for the
three
months ended in Mar. 2026 was ₹2.98 Mil. Mukat Pipes's Revenue for the
three
months ended in Mar. 2026 was ₹23.33 Mil. Therefore, Mukat Pipes's net margin for the quarter that ended in Mar. 2026 was 12.79%.
The historical rank and industry rank for Mukat Pipes's Net Margin % or its related term are showing as below:
BOM:523832'
s Net Margin % Range Over the Past 10 Years
Min: -12.87 Med: -2.83 Max: 4.72
Current: 1.01
BOM:523832's Net Margin % is ranked worse than 60.36% of 613
companies
in the Steel industry
Industry Median: 1.94
vs BOM:523832: 1.01
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.
Mukat Pipes Net Margin % Related Terms
Mukat Pipes Net Margin % Historical Data
* Premium members only.
The historical data trend for Mukat Pipes'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:523832 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Mukat Pipes'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.
Mukat Pipes Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Mukat Pipes's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mukat Pipes'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.
Mukat Pipes (BOM:523832) has a Net Margin % of 12.79% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mukat Pipes and its competitors. According to the industry distribution chart, Mukat Pipes ranks #370 out of 613 companies in the Steel industry, placing it in the top 60.4%.
Is Mukat Pipes' Net Margin % too high?
Mukat Pipes' current Net Margin % is 12.79%. The Steel industry median Net Margin % is 1.94. Mukat Pipes' value of 12.79% is 559.3% above this industry median. Based on the distribution chart, Mukat Pipes ranks #370 out of 613 companies in the Steel industry, which is below the industry midpoint. Overall, Mukat Pipes has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mukat Pipes' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mukat Pipes ranks #370 out of 613 companies for Net Margin %. This places Mukat Pipes in the lower half of its industry. The industry median Net Margin % is 1.94. Mukat Pipes' value of 12.79% is 559.3% above this benchmark. 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 1.94, based on 613 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. Mukat Pipes's current Net Margin % of 12.79% is 559.3% above 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 Mukat Pipes and its competitors. For the Steel industry, the median Net Margin % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mukat Pipes's current Net Margin % is 12.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mukat Pipes stock overvalued right now?
Based on GuruFocus' analysis, Mukat Pipes (BOM:523832) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.30, compared to a current price of ₹17.13 — trading 23.2% below its estimated fair value. The current Net Margin % is 12.79% and 559.3% above the Steel industry median of 1.94. Mukat Pipes' overall GF Score™ is 46/100 with 5 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 Mukat Pipes (BOM:523832), the current Net Margin % is 12.79% 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 Mukat Pipes (BOM:523832) Overvalued in 2026?
Based on GuruFocus' analysis, Mukat Pipes stock appears to be undervalued.
The current stock price of ₹17.13 is trading 23.2% below its estimated GF Value™ of ₹22.30.
GuruFocus considers Mukat Pipes to be Modestly Undervalued.
Key valuation signals for BOM:523832:
Net Margin %: 12.79%
GF Value™: ₹22.30 vs. price of ₹17.13 (23.2% below fair value)
Industry Position: 559.3% above the Steel median (#370 of 613)
No single metric tells the full story. See the BOM:523832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mukat Pipes Ltd is an India-based company that operates in the steel pipe business. The company is involved in the manufacturing of Longitudinal and Helical pipes. The products offered by the company include MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes, Spiral SAW pipes, Site pipe fabrication, and Penstock pipes. It has a single primary business segment, which is Longitudinal and Helical Pipes. Geographically, the company operates in India.
46GF Score
Get the complete analysis for BOM:523832
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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