JTL IndustriesNSE:JTLIND -1.16%92 Net Margin % is 4.97% as of Mar. 2026, which is 8% above its 10-year median of 4.62. GuruFocus rates NSE:JTLIND with a GF Score™ of 92/100 and a GF Value™ of ₹115.99 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 615 Steel companies, JTL Industries ranks better than 70.41% on this metric.
Net margin is calculated as Net Income divided by its Revenue. JTL Industries's Net Income for the
three
months ended in Mar. 2026 was ₹344 Mil. JTL Industries's Revenue for the
three
months ended in Mar. 2026 was ₹6,927 Mil. Therefore, JTL Industries's net margin for the quarter that ended in Mar. 2026 was 4.97%.
The historical rank and industry rank for JTL Industries's Net Margin % or its related term are showing as below:
NSE:JTLIND'
s Net Margin % Range Over the Past 10 Years
Min: 1.22 Med: 4.62 Max: 5.82
Current: 4.63
NSE:JTLIND's Net Margin % is ranked better than 70.41% of 615
companies
in the Steel industry
Industry Median: 1.86
vs NSE:JTLIND: 4.63
JTL Industries (NSE:JTLIND) 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.
JTL Industries Net Margin % Related Terms
JTL Industries Net Margin % Historical Data
* Premium members only.
The historical data trend for JTL Industries'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:JTLIND vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, JTL 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.
JTL Industries Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, JTL Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where JTL 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.
JTL Industries (NSE:JTLIND) has a Net Margin % of 4.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on JTL Industries and its competitors. This is near median its historical median of 4.62. Over the past decade, JTL Industries' Net Margin % has ranged from 1.22 to 5.82. According to the industry distribution chart, JTL Industries ranks #182 out of 615 companies in the Steel industry, placing it in the top 29.6%.
Is JTL Industries' Net Margin % too high?
JTL Industries' current Net Margin % of 4.97% is near median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 5.82. The Steel industry median Net Margin % is 1.86. JTL Industries' value of 4.97% is 167.2% above this industry median. Based on the distribution chart, JTL Industries ranks #182 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, JTL Industries has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JTL Industries' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, JTL Industries ranks #182 out of 615 companies for Net Margin %. This puts JTL Industries in the upper half of its industry. The industry median Net Margin % is 1.86. JTL Industries' value of 4.97% is 167.2% above this benchmark. Historically, JTL Industries' own Net Margin % has ranged from 1.22 to 5.82 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 1.86, JTL 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 1.86, based on 615 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. JTL Industries's current Net Margin % of 4.97% is 167.2% 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 JTL Industries and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Industries's current Net Margin % is 4.97%, which is near median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Industries stock overvalued right now?
Based on GuruFocus' analysis, JTL Industries (NSE:JTLIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹115.99, compared to a current price of ₹77.42 — trading 33.3% below its estimated fair value. The current Net Margin % is 4.97%, which is near median its 10-year median of 4.62 and 167.2% above the Steel industry median of 1.86. JTL Industries' overall GF Score™ is 92/100 with 8 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 JTL Industries (NSE:JTLIND), the current Net Margin % is 4.97% 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 JTL Industries (NSE:JTLIND) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Industries stock appears to be undervalued.
The current stock price of ₹77.42 is trading 33.3% below its estimated GF Value™ of ₹115.99.
GuruFocus considers JTL Industries to be Possible Value Trap.
Key valuation signals for NSE:JTLIND:
Net Margin %: 4.97% (near median its 10-year median of 4.62)
GF Value™: ₹115.99 vs. price of ₹77.42 (33.3% below fair value)
Industry Position: 167.2% above the Steel median (#182 of 615)
No single metric tells the full story. See the NSE:JTLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. The Company's business operations predominantly relate to the manufacture of a single product, i.e., ERW pipes for selling world wide. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.
92GF Score
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