The historical rank and industry rank for HariOm Pipe Industries's Net Margin % or its related term are showing as below:
NSE:HARIOMPIPE'
s Net Margin % Range Over the Past 10 Years
Min: 4.54 Med: 5.44 Max: 7.42
Current: 4.54
NSE:HARIOMPIPE's Net Margin % is ranked better than 69.67% of 610
companies
in the Steel industry
Industry Median: 1.865
vs NSE:HARIOMPIPE: 4.54
HariOm Pipe Industries (NSE:HARIOMPIPE) 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.
HariOm Pipe Industries Net Margin % Related Terms
HariOm Pipe Industries Net Margin % Historical Data
* 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:HARIOMPIPE vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, HariOm Pipe 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.
HariOm Pipe Industries Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, HariOm Pipe Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where HariOm Pipe 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.
HariOm Pipe Industries (NSE:HARIOMPIPE) has a Net Margin % of 5.93% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on HariOm Pipe Industries and its competitors. This is near median its historical median of 5.44. Over the past decade, HariOm Pipe Industries' Net Margin % has ranged from 4.54 to 7.42. According to the industry distribution chart, HariOm Pipe Industries ranks #185 out of 610 companies in the Steel industry, placing it in the top 30.3%.
Is HariOm Pipe Industries' Net Margin % too high?
HariOm Pipe Industries' current Net Margin % of 5.93% is near median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 7.42. The Steel industry median Net Margin % is 1.87. HariOm Pipe Industries' value of 5.93% is 218% above this industry median. Based on the distribution chart, HariOm Pipe Industries ranks #185 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, HariOm Pipe Industries has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HariOm Pipe Industries' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, HariOm Pipe Industries ranks #185 out of 610 companies for Net Margin %. This puts HariOm Pipe Industries in the upper half of its industry. The industry median Net Margin % is 1.87. HariOm Pipe Industries' value of 5.93% is 218% above this benchmark. Historically, HariOm Pipe Industries' own Net Margin % has ranged from 4.54 to 7.42 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 1.87, HariOm Pipe 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 Steel company?
The median Net Margin % among Steel companies is 1.87, based on 610 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. HariOm Pipe Industries's current Net Margin % of 5.93% is 218% 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 HariOm Pipe Industries and its competitors. For the Steel industry, the median Net Margin % is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HariOm Pipe Industries's current Net Margin % is 5.93%, which is near median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HariOm Pipe Industries stock overvalued right now?
Based on GuruFocus' analysis, HariOm Pipe Industries (NSE:HARIOMPIPE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹796.61, compared to a current price of ₹399.85 — trading 49.8% below its estimated fair value. The current Net Margin % is 5.93%, which is near median its 10-year median of 5.44 and 218% above the Steel industry median of 1.87. HariOm Pipe Industries' overall GF Score™ is 88/100 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 HariOm Pipe Industries (NSE:HARIOMPIPE), the current Net Margin % is 5.93% 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 HariOm Pipe Industries (NSE:HARIOMPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, HariOm Pipe Industries stock appears to be undervalued.
The current stock price of ₹399.85 is trading 49.8% below its estimated GF Value™ of ₹796.61.
GuruFocus considers HariOm Pipe Industries to be Possible Value Trap.
Key valuation signals for NSE:HARIOMPIPE:
Net Margin %: 5.93% (near median its 10-year median of 5.44)
GF Value™: ₹796.61 vs. price of ₹399.85 (49.8% below fair value)
Industry Position: 218% above the Steel median (#185 of 610)
No single metric tells the full story. See the NSE:HARIOMPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HariOm Pipe Industries Ltd is engaged in business of Manufacturing & selling of Steel Products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.
88GF Score
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