Indo Borax & Chemicals (NSE:INDOBORAX) Net Margin %: 23.06% (As of Mar. 2026) — 12% Above Median


NSE:INDOBORAX Indo Borax & Chemicals Ltd NSE:INDOBORAX
71 GF Score
Price ₹380.50
GF Value ₹218.65
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Indo Borax & Chemicals Net Margin %?

Indo Borax & Chemicals NSE:INDOBORAX -1.49% 71 Net Margin % is 23.06% as of Mar. 2026, which is 12% above its 10-year median of 20.54. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹218.65 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,585 Chemicals companies, Indo Borax & Chemicals ranks better than 96.34% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Indo Borax & Chemicals's Net Income for the three months ended in Mar. 2026 was ₹145 Mil. Indo Borax & Chemicals's Revenue for the three months ended in Mar. 2026 was ₹630 Mil. Therefore, Indo Borax & Chemicals's net margin for the quarter that ended in Mar. 2026 was 23.06%.

The historical rank and industry rank for Indo Borax & Chemicals's Net Margin % or its related term are showing as below:

NSE:INDOBORAX' s Net Margin % Range Over the Past 10 Years
Min: 11.99   Med: 20.54   Max: 24.25
Current: 23.33


NSE:INDOBORAX's Net Margin % is ranked better than
96.34% of 1585 companies
in the Chemicals industry
Industry Median: 3.89 vs NSE:INDOBORAX: 23.33

Indo Borax & Chemicals  (NSE:INDOBORAX) 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.


Indo Borax & Chemicals Net Margin % Related Terms


Indo Borax & Chemicals Net Margin % Historical Data

* Premium members only.

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals Net Margin % Chart

Indo Borax & Chemicals 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 20.70 22.52 20.37 24.25 23.33

Indo Borax & Chemicals 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 20.43 19.05 28.11 22.60 23.06

NSE:INDOBORAX vs DOW: Net Margin % Comparison

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Net Margin % distribution charts can be found below:

* The bar in red indicates where Indo Borax & Chemicals's Net Margin % falls into.


NSE:INDOBORAX
71GF Score
Indo Borax & Chemicals Ltd NSE:INDOBORAX
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Borax & Chemicals 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.

Indo Borax & Chemicals'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 )
=502.698/2154.511
=23.33 %

Indo Borax & Chemicals'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 )
=145.323/630.107
=23.06 %

* 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 23.06% mean?
Indo Borax & Chemicals (NSE:INDOBORAX) has a Net Margin % of 23.06% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Indo Borax & Chemicals and its competitors. This is 12% above median its historical median of 20.54. Over the past decade, Indo Borax & Chemicals' Net Margin % has ranged from 11.99 to 24.25. According to the industry distribution chart, Indo Borax & Chemicals ranks #58 out of 1585 companies in the Chemicals industry, placing it in the top 3.7%.
Is Indo Borax & Chemicals' Net Margin % too high?
Indo Borax & Chemicals' current Net Margin % of 23.06% is 12% above median its 10-year median of 20.54. Over the past 10 years, this metric has ranged from a low of 11.99 to a high of 24.25. The Chemicals industry median Net Margin % is 3.89. Indo Borax & Chemicals' value of 23.06% is 492.8% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #58 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Net Margin % compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #58 out of 1585 companies for Net Margin %. This places Indo Borax & Chemicals in the top 4% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.89. Indo Borax & Chemicals' value of 23.06% is 492.8% above this benchmark. Historically, Indo Borax & Chemicals' own Net Margin % has ranged from 11.99 to 24.25 over the past decade. While the company's 10-year median is 20.54 vs. the industry median of 3.89, Indo Borax & Chemicals 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 3.89, based on 1,585 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. Indo Borax & Chemicals's current Net Margin % of 23.06% is 492.8% 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 Indo Borax & Chemicals and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Borax & Chemicals's current Net Margin % is 23.06%, which is 12% above median its own 10-year median of 20.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.65, compared to a current price of ₹380.50 — trading 74% above its estimated fair value. The current Net Margin % is 23.06%, which is 12% above median its 10-year median of 20.54 and 492.8% above the Chemicals industry median of 3.89. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Net Margin % is 23.06% 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued. The current stock price of ₹380.50 is trading 74% above its estimated GF Value™ of ₹218.65. GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:INDOBORAX:

  • Net Margin %: 23.06% (12% above median its 10-year median of 20.54)
  • GF Value™: ₹218.65 vs. price of ₹380.50 (74% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 492.8% above the Chemicals median (#58 of 1585)

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


Indo Borax & Chemicals Business Description

Other Exchanges 524342:India
Address Linking Road, 302, 3rd Floor, Link Rose Building, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score

Get the complete analysis for NSE:INDOBORAX

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

₹380.50
Price
₹218.65
GF Value