Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DhariwalcorpNSE:DHARIWAL +0.92%16 Net Margin % is 4.67% as of Mar. 2026, which is 207% above its 10-year median of 1.52. GuruFocus rates NSE:DHARIWAL with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,579 Chemicals companies, Dhariwalcorp ranks worse than 51.8% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Dhariwalcorp's Net Income for the
six
months ended in Mar. 2026 was ₹55 Mil. Dhariwalcorp's Revenue for the
six
months ended in Mar. 2026 was ₹1,177 Mil. Therefore, Dhariwalcorp's net margin for the quarter that ended in Mar. 2026 was 4.67%.
The historical rank and industry rank for Dhariwalcorp's Net Margin % or its related term are showing as below:
NSE:DHARIWAL'
s Net Margin % Range Over the Past 10 Years
Min: 0.31 Med: 1.52 Max: 3.63
Current: 3.63
NSE:DHARIWAL's Net Margin % is ranked worse than 51.8% of 1579
companies
in the Chemicals industry
Industry Median: 3.92
vs NSE:DHARIWAL: 3.63
Dhariwalcorp (NSE:DHARIWAL) 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.
Dhariwalcorp Net Margin % Related Terms
Dhariwalcorp Net Margin % Historical Data
* Premium members only.
The historical data trend for Dhariwalcorp'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:DHARIWAL vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Dhariwalcorp'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.
Dhariwalcorp Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Dhariwalcorp's Net Margin % distribution charts can be found below:
* The bar in red indicates where Dhariwalcorp'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.
Dhariwalcorp (NSE:DHARIWAL) has a Net Margin % of 4.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Dhariwalcorp and its competitors. This is 207% above median its historical median of 1.52. Over the past decade, Dhariwalcorp's Net Margin % has ranged from 0.31 to 3.63. According to the industry distribution chart, Dhariwalcorp ranks #818 out of 1579 companies in the Chemicals industry, placing it in the top 51.8%.
Is Dhariwalcorp's Net Margin % too high?
Dhariwalcorp's current Net Margin % of 4.67% is 207% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 3.63. The Chemicals industry median Net Margin % is 3.92. Dhariwalcorp's value of 4.67% is 19.1% above this industry median. Based on the distribution chart, Dhariwalcorp ranks #818 out of 1579 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dhariwalcorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Dhariwalcorp's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dhariwalcorp ranks #818 out of 1579 companies for Net Margin %. This places Dhariwalcorp in the lower half of its industry. The industry median Net Margin % is 3.92. Dhariwalcorp's value of 4.67% is 19.1% above this benchmark. Historically, Dhariwalcorp's own Net Margin % has ranged from 0.31 to 3.63 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 3.92, Dhariwalcorp 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 Chemicals company?
The median Net Margin % among Chemicals companies is 3.92, based on 1,579 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. Dhariwalcorp's current Net Margin % of 4.67% is 19.1% 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 Dhariwalcorp and its competitors. For the Chemicals industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhariwalcorp's current Net Margin % is 4.67%, which is 207% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhariwalcorp stock overvalued right now?
Dhariwalcorp (NSE:DHARIWAL) has a current Net Margin % of 4.67%. The current Net Margin % is 4.67%, which is 207% above median its 10-year median of 1.52 and 19.1% above the Chemicals industry median of 3.92. Dhariwalcorp's overall GF Score™ is 16/100 with 5 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 Dhariwalcorp (NSE:DHARIWAL), the current Net Margin % is 4.67% 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.
Dhariwalcorp Ltd is engaged in the business of trading of a comprehensive range of waxes, industrial chemicals, and petroleum jelly. The company is involved in processing, purchasing, selling, importing, and trading various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, Soya Wax, etc. Additionally, the Company trades in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.
16GF Score
Get the complete analysis for NSE:DHARIWAL
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:DHARIWAL has been successfully added to your 
