Balkrishna IndustriesNSE:BALKRISIND -2.95%92 Net Margin % is 10.21% as of Mar. 2026, which is 38% below its 10-year median of 16.38. GuruFocus rates NSE:BALKRISIND with a GF Score™ of 92/100 and a GF Value™ of ₹2,908.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Balkrishna Industries ranks better than 87.77% on this metric.
The historical rank and industry rank for Balkrishna Industries's Net Margin % or its related term are showing as below:
NSE:BALKRISIND'
s Net Margin % Range Over the Past 10 Years
Min: 10.96 Med: 16.38 Max: 20.75
Current: 11.49
NSE:BALKRISIND's Net Margin % is ranked better than 87.77% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 3.2
vs NSE:BALKRISIND: 11.49
Balkrishna Industries (NSE:BALKRISIND) 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.
Balkrishna Industries Net Margin % Related Terms
Balkrishna Industries Net Margin % Historical Data
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The historical data trend for Balkrishna 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.
NSE:BALKRISIND vs ORLY, AZO: Net Margin % Comparison
For the Auto Parts subindustry, Balkrishna 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.
Balkrishna Industries Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Balkrishna 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.
Balkrishna Industries (NSE:BALKRISIND) has a Net Margin % of 10.21% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Balkrishna Industries and its competitors. This is 38% below median its historical median of 16.38. Over the past decade, Balkrishna Industries' Net Margin % has ranged from 10.96 to 20.75. According to the industry distribution chart, Balkrishna Industries ranks #162 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 12.2%.
Is Balkrishna Industries' Net Margin % too high?
Balkrishna Industries' current Net Margin % of 10.21% is 38% below median its 10-year median of 16.38. Over the past 10 years, this metric has ranged from a low of 10.96 to a high of 20.75. The Vehicles & Parts industry median Net Margin % is 3.20. Balkrishna Industries' value of 10.21% is 219.1% above this industry median. Based on the distribution chart, Balkrishna Industries ranks #162 out of 1325 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Balkrishna Industries has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balkrishna Industries' Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Balkrishna Industries ranks #162 out of 1325 companies for Net Margin %. This places Balkrishna Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.20. Balkrishna Industries' value of 10.21% is 219.1% above this benchmark. Historically, Balkrishna Industries' own Net Margin % has ranged from 10.96 to 20.75 over the past decade. While the company's 10-year median is 16.38 vs. the industry median of 3.20, Balkrishna Industries 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 Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.20, based on 1,325 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. Balkrishna Industries's current Net Margin % of 10.21% is 219.1% 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 Balkrishna Industries and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkrishna Industries's current Net Margin % is 10.21%, which is 38% below median its own 10-year median of 16.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkrishna Industries stock overvalued right now?
Based on GuruFocus' analysis, Balkrishna Industries (NSE:BALKRISIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,908.47, compared to a current price of ₹2,167.60 — trading 25.5% below its estimated fair value. The current Net Margin % is 10.21%, which is 38% below median its 10-year median of 16.38 and 219.1% above the Vehicles & Parts industry median of 3.20. Balkrishna Industries' overall GF Score™ is 92/100 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 Balkrishna Industries (NSE:BALKRISIND), the current Net Margin % is 10.21% 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 Balkrishna Industries (NSE:BALKRISIND) Overvalued in 2026?
Based on GuruFocus' analysis, Balkrishna Industries stock appears to be undervalued.
The current stock price of ₹2,167.60 is trading 25.5% below its estimated GF Value™ of ₹2,908.47.
GuruFocus considers Balkrishna Industries to be Modestly Undervalued.
Key valuation signals for NSE:BALKRISIND:
Net Margin %: 10.21% (38% below median its 10-year median of 16.38)
GF Value™: ₹2,908.47 vs. price of ₹2,167.60 (25.5% below fair value)
Industry Position: 219.1% above the Vehicles & Parts median (#162 of 1325)
No single metric tells the full story. See the NSE:BALKRISIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balkrishna Industries Ltd is engaged mainly in the business of manufacturing and selling of Off-Highway Tires (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden, and All Terrain Vehicles (ATV). The majority of the group's revenue is derived from international markets like Europe, North America, and other regions, and the rest from its business in India.
92GF Score
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