Bharat RasayanNSE:BHARATRAS +0.05%70 Net Margin % is 12.39% as of Mar. 2026, which is 4% above its 10-year median of 11.87. GuruFocus rates NSE:BHARATRAS with a GF Score™ of 70/100 and a GF Value™ of ₹2,613.29 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 247 Agriculture companies, Bharat Rasayan ranks better than 82.59% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Bharat Rasayan's Net Income for the
three
months ended in Mar. 2026 was ₹382 Mil. Bharat Rasayan's Revenue for the
three
months ended in Mar. 2026 was ₹3,080 Mil. Therefore, Bharat Rasayan's net margin for the quarter that ended in Mar. 2026 was 12.39%.
The historical rank and industry rank for Bharat Rasayan's Net Margin % or its related term are showing as below:
NSE:BHARATRAS'
s Net Margin % Range Over the Past 10 Years
Min: 8.91 Med: 11.87 Max: 15.17
Current: 11.73
NSE:BHARATRAS's Net Margin % is ranked better than 82.59% of 247
companies
in the Agriculture industry
Industry Median: 4.21
vs NSE:BHARATRAS: 11.73
Bharat Rasayan (NSE:BHARATRAS) 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.
Bharat Rasayan Net Margin % Related Terms
Bharat Rasayan Net Margin % Historical Data
* Premium members only.
The historical data trend for Bharat Rasayan'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:BHARATRAS vs CTVA, CF, MOS: Net Margin % Comparison
For the Agricultural Inputs subindustry, Bharat Rasayan'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.
Bharat Rasayan Net Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Bharat Rasayan's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bharat Rasayan'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.
Bharat Rasayan (NSE:BHARATRAS) has a Net Margin % of 12.39% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Bharat Rasayan and its competitors. This is near median its historical median of 11.87. Over the past decade, Bharat Rasayan's Net Margin % has ranged from 8.91 to 15.17. According to the industry distribution chart, Bharat Rasayan ranks #43 out of 247 companies in the Agriculture industry, placing it in the top 17.4%.
Is Bharat Rasayan's Net Margin % too high?
Bharat Rasayan's current Net Margin % of 12.39% is near median its 10-year median of 11.87. Over the past 10 years, this metric has ranged from a low of 8.91 to a high of 15.17. The Agriculture industry median Net Margin % is 4.21. Bharat Rasayan's value of 12.39% is 194.3% above this industry median. Based on the distribution chart, Bharat Rasayan ranks #43 out of 247 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Bharat Rasayan has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Rasayan's Net Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Bharat Rasayan ranks #43 out of 247 companies for Net Margin %. This places Bharat Rasayan in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.21. Bharat Rasayan's value of 12.39% is 194.3% above this benchmark. Historically, Bharat Rasayan's own Net Margin % has ranged from 8.91 to 15.17 over the past decade. While the company's 10-year median is 11.87 vs. the industry median of 4.21, Bharat Rasayan 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 an Agriculture company?
The median Net Margin % among Agriculture companies is 4.21, based on 247 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. Bharat Rasayan's current Net Margin % of 12.39% is 194.3% 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 Bharat Rasayan and its competitors. For the Agriculture industry, the median Net Margin % is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Rasayan's current Net Margin % is 12.39%, which is near median its own 10-year median of 11.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Rasayan stock overvalued right now?
Based on GuruFocus' analysis, Bharat Rasayan (NSE:BHARATRAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,613.29, compared to a current price of ₹1,341.80 — trading 48.7% below its estimated fair value. The current Net Margin % is 12.39%, which is near median its 10-year median of 11.87 and 194.3% above the Agriculture industry median of 4.21. Bharat Rasayan's overall GF Score™ is 70/100 with 1 warning sign 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 Bharat Rasayan (NSE:BHARATRAS), the current Net Margin % is 12.39% 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 Bharat Rasayan (NSE:BHARATRAS) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Rasayan stock appears to be undervalued.
The current stock price of ₹1,341.80 is trading 48.7% below its estimated GF Value™ of ₹2,613.29.
GuruFocus considers Bharat Rasayan to be Significantly Undervalued.
Key valuation signals for NSE:BHARATRAS:
Net Margin %: 12.39% (near median its 10-year median of 11.87)
GF Value™: ₹2,613.29 vs. price of ₹1,341.80 (48.7% below fair value)
Industry Position: 194.3% above the Agriculture median (#43 of 247)
No single metric tells the full story. See the NSE:BHARATRAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Rasayan Ltd is engaged in the business of agrochemicals. The company is the manufacturer and exporter of pesticides, technical formulation, and intermediaries. The Company operates only in one business segment which is pesticides. Its product categories include Insecticides; Herbicides; Fungicides and Plant Growth Regulator.
70GF Score
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