Solve Plastic Products (NSE:BALCO) Net Margin %: 1.92% (As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
7 GF Score
Price ₹19.85
! 2 Warning Signs
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What is Solve Plastic Products Net Margin %?

Solve Plastic Products NSE:BALCO 7 Net Margin % is 1.92% as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 3,036 Industrial Products companies, Solve Plastic Products ranks worse than 82.31% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Solve Plastic Products's Net Income for the six months ended in Sep. 2025 was ₹4.2 Mil. Solve Plastic Products's Revenue for the six months ended in Sep. 2025 was ₹218.3 Mil. Therefore, Solve Plastic Products's net margin for the quarter that ended in Sep. 2025 was 1.92%.

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

NSE:BALCO' s Net Margin % Range Over the Past 10 Years
Min: -11.55   Med: -0.37   Max: 3.08
Current: -5.61


NSE:BALCO's Net Margin % is ranked worse than
82.31% of 3036 companies
in the Industrial Products industry
Industry Median: 4.53 vs NSE:BALCO: -5.61

Solve Plastic Products  (NSE:BALCO) 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.


Solve Plastic Products Net Margin % Related Terms


Solve Plastic Products Net Margin % Historical Data

* Premium members only.

The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Net Margin % Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Net Margin %
-0.37 -0.74 1.98 3.08 -11.55

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Margin % Get a 7-Day Free Trial 1.98 4.23 -9.69 -13.29 1.92

NSE:BALCO vs VRT, BE: Net Margin % Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Net Margin % distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Net Margin % falls into.


NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
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Solve Plastic Products 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.

Solve Plastic Products's Net Margin for the fiscal year that ended in Mar. 2025 is calculated as

Net Margin=Net Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=-47.881/414.603
=-11.55 %

Solve Plastic Products's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=4.182/218.259
=1.92 %

* 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 1.92% mean?
Solve Plastic Products (NSE:BALCO) has a Net Margin % of 1.92% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Solve Plastic Products and its competitors. According to the industry distribution chart, Solve Plastic Products ranks #2499 out of 3036 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Solve Plastic Products' Net Margin % too high?
Solve Plastic Products' current Net Margin % is 1.92%. The Industrial Products industry median Net Margin % is 4.53. Solve Plastic Products' value of 1.92% is 57.6% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #2499 out of 3036 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #2499 out of 3036 companies for Net Margin %. This places Solve Plastic Products in the lower half of its industry. The industry median Net Margin % is 4.53. Solve Plastic Products' value of 1.92% is 57.6% below 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 an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.53, based on 3,036 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. Solve Plastic Products's current Net Margin % of 1.92% is 57.6% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Net Margin % is 1.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Net Margin % of 1.92%. The current Net Margin % is 1.92% and 57.6% below the Industrial Products industry median of 4.53. Solve Plastic Products' overall GF Score™ is 7/100 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 Solve Plastic Products (NSE:BALCO), the current Net Margin % is 1.92% as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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