Garg Furnace (BOM:530615) Net Margin %: 3.37% (As of Mar. 2026) — 24% Above Median


BOM:530615 Garg Furnace Ltd BOM:530615
68 GF Score
Price ₹114.55
GF Value ₹178.72
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Garg Furnace Net Margin %?

Garg Furnace BOM:530615 -0.39% 68 Net Margin % is 3.37% as of Mar. 2026, which is 24% above its 10-year median of 2.71. GuruFocus rates BOM:530615 with a GF Score™ of 68/100 and a GF Value™ of ₹178.72 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 611 Steel companies, Garg Furnace ranks better than 63.01% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Garg Furnace's Net Income for the three months ended in Mar. 2026 was ₹26 Mil. Garg Furnace's Revenue for the three months ended in Mar. 2026 was ₹785 Mil. Therefore, Garg Furnace's net margin for the quarter that ended in Mar. 2026 was 3.37%.

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

BOM:530615' s Net Margin % Range Over the Past 10 Years
Min: -25.37   Med: 2.71   Max: 4.57
Current: 3.55


BOM:530615's Net Margin % is ranked better than
63.01% of 611 companies
in the Steel industry
Industry Median: 1.86 vs BOM:530615: 3.55

Garg Furnace  (BOM:530615) 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.


Garg Furnace Net Margin % Related Terms


Garg Furnace Net Margin % Historical Data

* Premium members only.

The historical data trend for Garg Furnace'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.

Garg Furnace Net Margin % Chart

Garg Furnace 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 3.54 2.49 2.15 2.92 3.55

Garg Furnace 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 4.43 2.08 4.52 4.00 3.37

BOM:530615 vs NUE, STLD, RS: Net Margin % Comparison

For the Steel subindustry, Garg Furnace'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.


Garg Furnace Net Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Garg Furnace's Net Margin % distribution charts can be found below:

* The bar in red indicates where Garg Furnace's Net Margin % falls into.


BOM:530615
68GF Score
Garg Furnace Ltd BOM:530615
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garg Furnace 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.

Garg Furnace'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 )
=104.45/2946.097
=3.55 %

Garg Furnace'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 )
=26.428/784.827
=3.37 %

* 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 3.37% mean?
Garg Furnace (BOM:530615) has a Net Margin % of 3.37% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Garg Furnace and its competitors. This is 24% above median its historical median of 2.71. According to the industry distribution chart, Garg Furnace ranks #226 out of 611 companies in the Steel industry, placing it in the top 37%.
Is Garg Furnace's Net Margin % too high?
Garg Furnace's current Net Margin % of 3.37% is 24% above median its 10-year median of 2.71. The Steel industry median Net Margin % is 1.86. Garg Furnace's value of 3.37% is 81.2% above this industry median. Based on the distribution chart, Garg Furnace ranks #226 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Garg Furnace has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #226 out of 611 companies for Net Margin %. This puts Garg Furnace in the upper half of its industry. The industry median Net Margin % is 1.86. Garg Furnace's value of 3.37% is 81.2% above this benchmark. While the company's 10-year median is 2.71 vs. the industry median of 1.86, Garg Furnace has consistently been above 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 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. Garg Furnace's current Net Margin % of 3.37% is 81.2% 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 Garg Furnace 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. Garg Furnace's current Net Margin % is 3.37%, which is 24% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹178.72, compared to a current price of ₹114.55 — trading 35.9% below its estimated fair value. The current Net Margin % is 3.37%, which is 24% above median its 10-year median of 2.71 and 81.2% above the Steel industry median of 1.86. Garg Furnace's overall GF Score™ is 68/100 with 6 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 Garg Furnace (BOM:530615), the current Net Margin % is 3.37% 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 Garg Furnace (BOM:530615) Overvalued in 2026?

Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued. The current stock price of ₹114.55 is trading 35.9% below its estimated GF Value™ of ₹178.72. GuruFocus considers Garg Furnace to be Significantly Undervalued.

Key valuation signals for BOM:530615:

  • Net Margin %: 3.37% (24% above median its 10-year median of 2.71)
  • GF Value™: ₹178.72 vs. price of ₹114.55 (35.9% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 81.2% above the Steel median (#226 of 611)

No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garg Furnace Business Description

Address Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
68GF Score

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

₹114.55
Price
₹178.72
GF Value