Apar IndustriesNSE:APARINDS -3.86%83 Net Margin % is 3.86% as of Mar. 2026, which is 20% above its 10-year median of 3.21. GuruFocus rates NSE:APARINDS with a GF Score™ of 83/100 and a GF Value™ of ₹10,237.34 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,032 Industrial Products companies, Apar Industries ranks worse than 51.52% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Apar Industries's Net Income for the
three
months ended in Mar. 2026 was ₹2,534 Mil. Apar Industries's Revenue for the
three
months ended in Mar. 2026 was ₹65,712 Mil. Therefore, Apar Industries's net margin for the quarter that ended in Mar. 2026 was 3.86%.
The historical rank and industry rank for Apar Industries's Net Margin % or its related term are showing as below:
NSE:APARINDS'
s Net Margin % Range Over the Past 10 Years
Min: 1.71 Med: 3.21 Max: 5.14
Current: 4.28
NSE:APARINDS's Net Margin % is ranked worse than 51.52% of 3032
companies
in the Industrial Products industry
Industry Median: 4.535
vs NSE:APARINDS: 4.28
Apar Industries (NSE:APARINDS) 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.
Apar Industries Net Margin % Related Terms
Apar Industries Net Margin % Historical Data
* Premium members only.
The historical data trend for Apar Industries'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.
For the Electrical Equipment & Parts subindustry, Apar Industries'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.
Apar Industries Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Apar Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Apar Industries'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.
Apar Industries (NSE:APARINDS) has a Net Margin % of 3.86% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Apar Industries and its competitors. This is 20% above median its historical median of 3.21. Over the past decade, Apar Industries' Net Margin % has ranged from 1.71 to 5.14. According to the industry distribution chart, Apar Industries ranks #1562 out of 3032 companies in the Industrial Products industry, placing it in the top 51.5%.
Is Apar Industries' Net Margin % too high?
Apar Industries' current Net Margin % of 3.86% is 20% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 5.14. The Industrial Products industry median Net Margin % is 4.54. Apar Industries' value of 3.86% is 14.9% below this industry median. Based on the distribution chart, Apar Industries ranks #1562 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Apar Industries has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Apar Industries ranks #1562 out of 3032 companies for Net Margin %. This places Apar Industries in the lower half of its industry. The industry median Net Margin % is 4.54. Apar Industries' value of 3.86% is 14.9% below this benchmark. Historically, Apar Industries' own Net Margin % has ranged from 1.71 to 5.14 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 4.54, Apar Industries 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 Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,032 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. Apar Industries's current Net Margin % of 3.86% is 14.9% 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 Apar Industries and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apar Industries's current Net Margin % is 3.86%, which is 20% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (NSE:APARINDS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,237.34, compared to a current price of ₹16,022.00 — trading 56.5% above its estimated fair value. The current Net Margin % is 3.86%, which is 20% above median its 10-year median of 3.21 and 14.9% below the Industrial Products industry median of 4.54. Apar Industries' overall GF Score™ is 83/100 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 Apar Industries (NSE:APARINDS), the current Net Margin % is 3.86% 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 Apar Industries (NSE:APARINDS) Overvalued in 2026?
Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued.
The current stock price of ₹16,022.00 is trading 56.5% above its estimated GF Value™ of ₹10,237.34.
GuruFocus considers Apar Industries to be Significantly Overvalued.
Key valuation signals for NSE:APARINDS:
Net Margin %: 3.86% (20% above median its 10-year median of 3.21)
GF Value™: ₹10,237.34 vs. price of ₹16,022.00 (56.5% above fair value)
Industry Position: 14.9% below the Industrial Products median (#1562 of 3032)
No single metric tells the full story. See the NSE:APARINDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
83GF Score
Get the complete analysis for NSE:APARINDS
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
NSE:APARINDS has been successfully added to your 
