Indiqube Spaces (NSE:INDIQUBE) Net Margin %: -5.64% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:INDIQUBE Indiqube Spaces Ltd NSE:INDIQUBE
2 GF Score
Price ₹173.76
! 4 Warning Signs
View Full Analysis

What is Indiqube Spaces Net Margin %?

Indiqube Spaces NSE:INDIQUBE +1.86% 2 Net Margin % is -5.64% as of Mar. 2026. GuruFocus rates NSE:INDIQUBE with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 1,752 Real Estate companies, Indiqube Spaces ranks worse than 73.74% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Indiqube Spaces's Net Income for the three months ended in Mar. 2026 was ₹-227 Mil. Indiqube Spaces's Revenue for the three months ended in Mar. 2026 was ₹4,014 Mil. Therefore, Indiqube Spaces's net margin for the quarter that ended in Mar. 2026 was -5.64%.

The historical rank and industry rank for Indiqube Spaces's Net Margin % or its related term are showing as below:

NSE:INDIQUBE' s Net Margin % Range Over the Past 10 Years
Min: -54.74   Med: -34.17   Max: -6.1
Current: -6.1


NSE:INDIQUBE's Net Margin % is ranked worse than
73.74% of 1752 companies
in the Real Estate industry
Industry Median: 8.035 vs NSE:INDIQUBE: -6.10

Indiqube Spaces  (NSE:INDIQUBE) 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.


Indiqube Spaces Net Margin % Related Terms


Indiqube Spaces Net Margin % Historical Data

* Premium members only.

The historical data trend for Indiqube Spaces'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.

Indiqube Spaces Net Margin % Chart

Indiqube Spaces Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
-54.74 -34.17 -41.12 -13.18 -7.33

Indiqube Spaces Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.12 -10.55 -8.53 -4.38 -5.64

NSE:INDIQUBE vs CBRE, BEKE, JLL: Net Margin % Comparison

For the Real Estate Services subindustry, Indiqube Spaces'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.


Indiqube Spaces Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Indiqube Spaces's Net Margin % distribution charts can be found below:

* The bar in red indicates where Indiqube Spaces's Net Margin % falls into.


NSE:INDIQUBE
2GF Score
Indiqube Spaces Ltd NSE:INDIQUBE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indiqube Spaces 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.

Indiqube Spaces'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 )
=-1063.42/14508.12
=-7.33 %

Indiqube Spaces'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 )
=-226.52/4014.47
=-5.64 %

* 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 -5.64% mean?
Indiqube Spaces (NSE:INDIQUBE) has a Net Margin % of -5.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Indiqube Spaces and its competitors. According to the industry distribution chart, Indiqube Spaces ranks #1292 out of 1752 companies in the Real Estate industry, placing it in the top 73.7%.
Is Indiqube Spaces' Net Margin % too high?
Indiqube Spaces' current Net Margin % is -5.64%. Based on the distribution chart, Indiqube Spaces ranks #1292 out of 1752 companies in the Real Estate industry, which is below the industry midpoint. Overall, Indiqube Spaces has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Indiqube Spaces' Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Indiqube Spaces ranks #1292 out of 1752 companies for Net Margin %. This places Indiqube Spaces in the lower half of its industry. The industry median Net Margin % is 8.04. 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.04, based on 1,752 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. 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 Indiqube Spaces and its competitors. For the Real Estate industry, the median Net Margin % is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indiqube Spaces's current Net Margin % is -5.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indiqube Spaces stock overvalued right now?
Indiqube Spaces (NSE:INDIQUBE) has a current Net Margin % of -5.64%. The current Net Margin % is -5.64%. Indiqube Spaces' overall GF Score™ is 2/100 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 Indiqube Spaces (NSE:INDIQUBE), the current Net Margin % is -5.64% 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.

Indiqube Spaces Business Description

Other Exchanges 544454:India
Address Outer Ring Road, Kariyammanna Agrahara Road, Plot No. 53, Careernet Campus, Devarabisnahalli, Bengaluru, KA, IND, 560 103
Indiqube Spaces Ltd is engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities. This is considered the only business segment. Its solutions are Indiqube Grow, Indiqube Bespoke, Indiqube Cornerstone, Indiqube One, and Miqube.
2GF Score

Get the complete analysis for NSE:INDIQUBE

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

₹173.76
Price