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Iris ClothingsNSE:IRISDOREME +0.73%83 Net Margin % is 10.64% as of Mar. 2026, which is 36% above its 10-year median of 7.83. GuruFocus rates NSE:IRISDOREME with a GF Score™ of 83/100 and a GF Value™ of ₹43.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Iris Clothings ranks better than 78.25% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Iris Clothings's Net Income for the
three
months ended in Mar. 2026 was ₹64 Mil. Iris Clothings's Revenue for the
three
months ended in Mar. 2026 was ₹605 Mil. Therefore, Iris Clothings's net margin for the quarter that ended in Mar. 2026 was 10.64%.
The historical rank and industry rank for Iris Clothings's Net Margin % or its related term are showing as below:
NSE:IRISDOREME'
s Net Margin % Range Over the Past 10 Years
Min: 3.42 Med: 7.83 Max: 10.09
Current: 8.24
NSE:IRISDOREME's Net Margin % is ranked better than 78.25% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72
vs NSE:IRISDOREME: 8.24
Iris Clothings (NSE:IRISDOREME) 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.
Iris Clothings Net Margin % Related Terms
Iris Clothings Net Margin % Historical Data
* Premium members only.
The historical data trend for Iris Clothings'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:IRISDOREME vs RL, LEVI, VFC: Net Margin % Comparison
For the Apparel Manufacturing subindustry, Iris Clothings'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.
Iris Clothings Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iris Clothings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Iris Clothings'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.
Iris Clothings (NSE:IRISDOREME) has a Net Margin % of 10.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Iris Clothings and its competitors. This is 36% above median its historical median of 7.83. Over the past decade, Iris Clothings' Net Margin % has ranged from 3.42 to 10.09. According to the industry distribution chart, Iris Clothings ranks #226 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.8%.
Is Iris Clothings' Net Margin % too high?
Iris Clothings' current Net Margin % of 10.64% is 36% above median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 10.09. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.72. Iris Clothings' value of 10.64% is 291.2% above this industry median. Based on the distribution chart, Iris Clothings ranks #226 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Iris Clothings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Clothings' Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Iris Clothings ranks #226 out of 1039 companies for Net Margin %. This places Iris Clothings in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.72. Iris Clothings' value of 10.64% is 291.2% above this benchmark. Historically, Iris Clothings' own Net Margin % has ranged from 3.42 to 10.09 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 2.72, Iris Clothings 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.72, based on 1,039 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. Iris Clothings's current Net Margin % of 10.64% is 291.2% 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 Iris Clothings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Clothings's current Net Margin % is 10.64%, which is 36% above median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Clothings stock overvalued right now?
Based on GuruFocus' analysis, Iris Clothings (NSE:IRISDOREME) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹43.96, compared to a current price of ₹57.93 — trading 31.8% above its estimated fair value. The current Net Margin % is 10.64%, which is 36% above median its 10-year median of 7.83 and 291.2% above the Manufacturing - Apparel & Accessories industry median of 2.72. Iris Clothings' overall GF Score™ is 83/100 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 Iris Clothings (NSE:IRISDOREME), the current Net Margin % is 10.64% 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.
Is Iris Clothings (NSE:IRISDOREME) Overvalued in 2026?
Based on GuruFocus' analysis, Iris Clothings stock appears to be overvalued.
The current stock price of ₹57.93 is trading 31.8% above its estimated GF Value™ of ₹43.96.
GuruFocus considers Iris Clothings to be Significantly Overvalued.
Key valuation signals for NSE:IRISDOREME:
Net Margin %: 10.64% (36% above median its 10-year median of 7.83)
GF Value™: ₹43.96 vs. price of ₹57.93 (31.8% above fair value)
Industry Position: 291.2% above the Manufacturing - Apparel & Accessories median (#226 of 1039)
No single metric tells the full story. See the NSE:IRISDOREME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iris Clothings Ltd is an India-based company mainly engaged in the manufacturing, designing, branding, and selling of kids' wear under the brand name DoReMe. The company caters to the kids' wear category, mostly juniors, including various kinds of apparel and related products for all infants, boys, and girls. The products offered by the company include tops, t-shirts, pants, shorts, frocks, dresses, and towels.
83GF Score
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