Ashoka MetcastNSE:ASHOKAMET +1.06%75 Net Margin % is 21.48% as of Mar. 2026, which is 351% above its 10-year median of 4.76. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 75/100 and a GF Value™ of ₹16.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 615 Steel companies, Ashoka Metcast ranks better than 97.56% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ashoka Metcast's Net Income for the
three
months ended in Mar. 2026 was ₹22.2 Mil. Ashoka Metcast's Revenue for the
three
months ended in Mar. 2026 was ₹103.5 Mil. Therefore, Ashoka Metcast's net margin for the quarter that ended in Mar. 2026 was 21.48%.
The historical rank and industry rank for Ashoka Metcast's Net Margin % or its related term are showing as below:
NSE:ASHOKAMET'
s Net Margin % Range Over the Past 10 Years
Min: -1.46 Med: 4.76 Max: 38.99
Current: 38.99
NSE:ASHOKAMET's Net Margin % is ranked better than 97.56% of 615
companies
in the Steel industry
Industry Median: 1.86
vs NSE:ASHOKAMET: 38.99
Ashoka Metcast (NSE:ASHOKAMET) 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.
Ashoka Metcast Net Margin % Related Terms
Ashoka Metcast Net Margin % Historical Data
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The historical data trend for Ashoka Metcast'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.
NSE:ASHOKAMET vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Ashoka Metcast'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.
Ashoka Metcast Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Ashoka Metcast's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ashoka Metcast'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.
Ashoka Metcast (NSE:ASHOKAMET) has a Net Margin % of 21.48% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ashoka Metcast and its competitors. This is 351% above median its historical median of 4.76. According to the industry distribution chart, Ashoka Metcast ranks #15 out of 615 companies in the Steel industry, placing it in the top 2.4%.
Is Ashoka Metcast's Net Margin % too high?
Ashoka Metcast's current Net Margin % of 21.48% is 351% above median its 10-year median of 4.76. The Steel industry median Net Margin % is 1.86. Ashoka Metcast's value of 21.48% is 1054.8% above this industry median. Based on the distribution chart, Ashoka Metcast ranks #15 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Metcast has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #15 out of 615 companies for Net Margin %. This places Ashoka Metcast in the top 2% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.86. Ashoka Metcast's value of 21.48% is 1054.8% above this benchmark. While the company's 10-year median is 4.76 vs. the industry median of 1.86, Ashoka Metcast 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 615 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. Ashoka Metcast's current Net Margin % of 21.48% is 1054.8% 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 Ashoka Metcast 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. Ashoka Metcast's current Net Margin % is 21.48%, which is 351% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Fairly Valued. The stock's GF Value™ is ₹16.21, compared to a current price of ₹15.23 — trading 6% below its estimated fair value. The current Net Margin % is 21.48%, which is 351% above median its 10-year median of 4.76 and 1054.8% above the Steel industry median of 1.86. Ashoka Metcast's overall GF Score™ is 75/100 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 Ashoka Metcast (NSE:ASHOKAMET), the current Net Margin % is 21.48% 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued.
The current stock price of ₹15.23 is trading 6% below its estimated GF Value™ of ₹16.21.
GuruFocus considers Ashoka Metcast to be Fairly Valued.
Key valuation signals for NSE:ASHOKAMET:
Net Margin %: 21.48% (351% above median its 10-year median of 4.76)
GF Value™: ₹16.21 vs. price of ₹15.23 (6% below fair value)
Industry Position: 1054.8% above the Steel median (#15 of 615)
No single metric tells the full story. See the NSE:ASHOKAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
75GF Score
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