Honda India Power Products (NSE:HONDAPOWER) Net Margin %: 10.18% (As of Mar. 2026) — 32% Above Median


NSE:HONDAPOWER Honda India Power Products Ltd NSE:HONDAPOWER
71 GF Score
Price ₹2,196.60
GF Value ₹2,324.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Honda India Power Products Net Margin %?

Honda India Power Products NSE:HONDAPOWER -0.27% 71 Net Margin % is 10.18% as of Mar. 2026, which is 32% above its 10-year median of 7.70. GuruFocus rates NSE:HONDAPOWER with a GF Score™ of 71/100 and a GF Value™ of ₹2,324.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,033 Industrial Products companies, Honda India Power Products ranks better than 65.31% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Honda India Power Products's Net Income for the three months ended in Mar. 2026 was ₹269 Mil. Honda India Power Products's Revenue for the three months ended in Mar. 2026 was ₹2,645 Mil. Therefore, Honda India Power Products's net margin for the quarter that ended in Mar. 2026 was 10.18%.

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

NSE:HONDAPOWER' s Net Margin % Range Over the Past 10 Years
Min: 5.26   Med: 7.7   Max: 10.07
Current: 7.42


NSE:HONDAPOWER's Net Margin % is ranked better than
65.31% of 3033 companies
in the Industrial Products industry
Industry Median: 4.54 vs NSE:HONDAPOWER: 7.42

Honda India Power Products  (NSE:HONDAPOWER) 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.


Honda India Power Products Net Margin % Related Terms


Honda India Power Products Net Margin % Historical Data

* Premium members only.

The historical data trend for Honda India Power 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.

Honda India Power Products Net Margin % Chart

Honda India Power Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 6.93 9.43 10.07 7.42

Honda India Power Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.46 6.12 6.36 6.16 10.18

NSE:HONDAPOWER vs GEV, ETN, PH: Net Margin % Comparison

For the Specialty Industrial Machinery subindustry, Honda India Power 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.


Honda India Power Products Net Margin % vs Industrial Products Industry

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

* The bar in red indicates where Honda India Power Products's Net Margin % falls into.


NSE:HONDAPOWER
71GF Score
Honda India Power Products Ltd NSE:HONDAPOWER
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda India Power 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.

Honda India Power Products's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=642.4/8654.5
=7.42 %

Honda India Power Products's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=269.2/2645.3
=10.18 %

* 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 10.18% mean?
Honda India Power Products (NSE:HONDAPOWER) has a Net Margin % of 10.18% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Honda India Power Products and its competitors. This is 32% above median its historical median of 7.70. Over the past decade, Honda India Power Products' Net Margin % has ranged from 5.26 to 10.07. According to the industry distribution chart, Honda India Power Products ranks #1052 out of 3033 companies in the Industrial Products industry, placing it in the top 34.7%.
Is Honda India Power Products' Net Margin % too high?
Honda India Power Products' current Net Margin % of 10.18% is 32% above median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 10.07. The Industrial Products industry median Net Margin % is 4.54. Honda India Power Products' value of 10.18% is 124.2% above this industry median. Based on the distribution chart, Honda India Power Products ranks #1052 out of 3033 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Honda India Power Products has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honda India Power Products' Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Honda India Power Products ranks #1052 out of 3033 companies for Net Margin %. This puts Honda India Power Products in the upper half of its industry. The industry median Net Margin % is 4.54. Honda India Power Products' value of 10.18% is 124.2% above this benchmark. Historically, Honda India Power Products' own Net Margin % has ranged from 5.26 to 10.07 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 4.54, Honda India Power Products 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 Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,033 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. Honda India Power Products's current Net Margin % of 10.18% is 124.2% 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 Honda India Power Products and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda India Power Products's current Net Margin % is 10.18%, which is 32% above median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda India Power Products stock overvalued right now?
Based on GuruFocus' analysis, Honda India Power Products (NSE:HONDAPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,324.74, compared to a current price of ₹2,196.60 — trading 5.5% below its estimated fair value. The current Net Margin % is 10.18%, which is 32% above median its 10-year median of 7.70 and 124.2% above the Industrial Products industry median of 4.54. Honda India Power Products' overall GF Score™ is 71/100 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 Honda India Power Products (NSE:HONDAPOWER), the current Net Margin % is 10.18% 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 Honda India Power Products (NSE:HONDAPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Honda India Power Products stock appears to be undervalued. The current stock price of ₹2,196.60 is trading 5.5% below its estimated GF Value™ of ₹2,324.74. GuruFocus considers Honda India Power Products to be Fairly Valued.

Key valuation signals for NSE:HONDAPOWER:

  • Net Margin %: 10.18% (32% above median its 10-year median of 7.70)
  • GF Value™: ₹2,324.74 vs. price of ₹2,196.60 (5.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 124.2% above the Industrial Products median (#1052 of 3033)

No single metric tells the full story. See the NSE:HONDAPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honda India Power Products Business Description

Other Exchanges 522064:India
Address Plot No. 5, Sector-41 Kasna, Greater Noida Industrial Development Area, District Gautam Budh Nagar, Greater Noida, UP, IND, 201310
Honda India Power Products Ltd is engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and marine engines. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.
71GF Score

Get the complete analysis for NSE:HONDAPOWER

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,196.60
Price
₹2,324.74
GF Value