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IGI HoldingsKAR:IGIHL +0.92%69 Net Margin % is 7.09% as of Mar. 2026, which is 63% below its 10-year median of 19.15. GuruFocus rates KAR:IGIHL with a GF Score™ of 69/100 and a GF Value™ of ₨192.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 500 Insurance companies, IGI Holdings ranks better than 82.6% on this metric.
Net margin is calculated as Net Income divided by its Revenue. IGI Holdings's Net Income for the
three
months ended in Mar. 2026 was ₨342 Mil. IGI Holdings's Revenue for the
three
months ended in Mar. 2026 was ₨4,830 Mil. Therefore, IGI Holdings's net margin for the quarter that ended in Mar. 2026 was 7.09%.
The historical rank and industry rank for IGI Holdings's Net Margin % or its related term are showing as below:
KAR:IGIHL'
s Net Margin % Range Over the Past 10 Years
Min: 2.69 Med: 19.15 Max: 40.38
Current: 19.93
KAR:IGIHL's Net Margin % is ranked better than 82.6% of 500
companies
in the Insurance industry
Industry Median: 9.155
vs KAR:IGIHL: 19.93
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.
IGI Holdings Net Margin % Related Terms
IGI Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for IGI Holdings'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.
KAR:IGIHL vs CB, PGR, TRV: Net Margin % Comparison
For the Insurance - Property & Casualty subindustry, IGI Holdings'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.
IGI Holdings Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, IGI Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where IGI Holdings'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.
IGI Holdings (KAR:IGIHL) has a Net Margin % of 7.09% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on IGI Holdings and its competitors. This is 63% below median its historical median of 19.15. Over the past decade, IGI Holdings' Net Margin % has ranged from 2.69 to 40.38. According to the industry distribution chart, IGI Holdings ranks #87 out of 500 companies in the Insurance industry, placing it in the top 17.4%.
Is IGI Holdings' Net Margin % too high?
IGI Holdings' current Net Margin % of 7.09% is 63% below median its 10-year median of 19.15. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 40.38. The Insurance industry median Net Margin % is 9.16. IGI Holdings' value of 7.09% is 22.6% below this industry median. Based on the distribution chart, IGI Holdings ranks #87 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, IGI Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGI Holdings' Net Margin % compare to CB and PGR?
According to the Insurance industry distribution chart, IGI Holdings ranks #87 out of 500 companies for Net Margin %. This places IGI Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.16. IGI Holdings' value of 7.09% is 22.6% below this benchmark. Historically, IGI Holdings' own Net Margin % has ranged from 2.69 to 40.38 over the past decade. While the company's 10-year median is 19.15 vs. the industry median of 9.16, IGI Holdings 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 Insurance company?
The median Net Margin % among Insurance companies is 9.16, based on 500 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. IGI Holdings's current Net Margin % of 7.09% is 22.6% 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 IGI Holdings and its competitors. For the Insurance industry, the median Net Margin % is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGI Holdings's current Net Margin % is 7.09%, which is 63% below median its own 10-year median of 19.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGI Holdings stock overvalued right now?
Based on GuruFocus' analysis, IGI Holdings (KAR:IGIHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨192.45, compared to a current price of ₨278.54 — trading 44.7% above its estimated fair value. The current Net Margin % is 7.09%, which is 63% below median its 10-year median of 19.15 and 22.6% below the Insurance industry median of 9.16. IGI Holdings' overall GF Score™ is 69/100 with 2 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 IGI Holdings (KAR:IGIHL), the current Net Margin % is 7.09% 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 IGI Holdings (KAR:IGIHL) Overvalued in 2026?
Based on GuruFocus' analysis, IGI Holdings stock appears to be overvalued.
The current stock price of ₨278.54 is trading 44.7% above its estimated GF Value™ of ₨192.45.
GuruFocus considers IGI Holdings to be Significantly Overvalued.
Key valuation signals for KAR:IGIHL:
Net Margin %: 7.09% (63% below median its 10-year median of 19.15)
GF Value™: ₨192.45 vs. price of ₨278.54 (44.7% above fair value)
Industry Position: 22.6% below the Insurance median (#87 of 500)
No single metric tells the full story. See the KAR:IGIHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGI Holdings Ltd is a general insurance company along with its subsidiary, which provides home insurance, travel insurance, auto insurance, health insurance, fire insurance, marine insurance, motor insurance, and other insurance services. The company also acts as an investment holding company. It operates and manages separately to the nature of the services of Non-Life Insurance, which includes Fire and property insurance; Marine, aviation, and transport insurance; Motor insurance; Accident and health insurance, Miscellaneous insurance, and Life Insurance, which includes The Life (participating) segment and The Life (non-participating) segment.
69GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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