Karnataka BankNSE:KTKBANK +0.17%57 Net Margin % is 32.87% as of Mar. 2026, which is 81% above its 10-year median of 18.14. GuruFocus rates NSE:KTKBANK with a GF Score™ of 57/100 and a GF Value™ of ₹195.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,527 Banks companies, Karnataka Bank ranks better than 57.63% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Karnataka Bank's Net Income for the
three
months ended in Mar. 2026 was ₹4,083 Mil. Karnataka Bank's Revenue for the
three
months ended in Mar. 2026 was ₹12,418 Mil. Therefore, Karnataka Bank's net margin for the quarter that ended in Mar. 2026 was 32.87%.
The historical rank and industry rank for Karnataka Bank's Net Margin % or its related term are showing as below:
NSE:KTKBANK'
s Net Margin % Range Over the Past 10 Years
Min: 12 Med: 18.14 Max: 28.99
Current: 28.99
NSE:KTKBANK's Net Margin % is ranked better than 57.63% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs NSE:KTKBANK: 28.99
Karnataka Bank (NSE:KTKBANK) 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.
Karnataka Bank Net Margin % Related Terms
Karnataka Bank Net Margin % Historical Data
* Premium members only.
The historical data trend for Karnataka Bank'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.
For the Banks - Regional subindustry, Karnataka Bank'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.
Karnataka Bank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Karnataka Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where Karnataka Bank'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.
Karnataka Bank (NSE:KTKBANK) has a Net Margin % of 32.87% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Karnataka Bank and its competitors. This is 81% above median its historical median of 18.14. Over the past decade, Karnataka Bank's Net Margin % has ranged from 12.00 to 28.99. According to the industry distribution chart, Karnataka Bank ranks #647 out of 1527 companies in the Banks industry, placing it in the top 42.4%.
Is Karnataka Bank's Net Margin % too high?
Karnataka Bank's current Net Margin % of 32.87% is 81% above median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 28.99. The Banks industry median Net Margin % is 26.95. Karnataka Bank's value of 32.87% is 22% above this industry median. Based on the distribution chart, Karnataka Bank ranks #647 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Karnataka Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karnataka Bank's Net Margin % compare to competitors?
According to the Banks industry distribution chart, Karnataka Bank ranks #647 out of 1527 companies for Net Margin %. This puts Karnataka Bank in the upper half of its industry. The industry median Net Margin % is 26.95. Karnataka Bank's value of 32.87% is 22% above this benchmark. Historically, Karnataka Bank's own Net Margin % has ranged from 12.00 to 28.99 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 26.95, Karnataka Bank 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 Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 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. Karnataka Bank's current Net Margin % of 32.87% is 22% 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 Karnataka Bank and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnataka Bank's current Net Margin % is 32.87%, which is 81% above median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnataka Bank stock overvalued right now?
Based on GuruFocus' analysis, Karnataka Bank (NSE:KTKBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹195.10, compared to a current price of ₹265.60 — trading 36.1% above its estimated fair value. The current Net Margin % is 32.87%, which is 81% above median its 10-year median of 18.14 and 22% above the Banks industry median of 26.95. Karnataka Bank's overall GF Score™ is 57/100 with 7 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 Karnataka Bank (NSE:KTKBANK), the current Net Margin % is 32.87% 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 Karnataka Bank (NSE:KTKBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Karnataka Bank stock appears to be overvalued.
The current stock price of ₹265.60 is trading 36.1% above its estimated GF Value™ of ₹195.10.
GuruFocus considers Karnataka Bank to be Significantly Overvalued.
Key valuation signals for NSE:KTKBANK:
Net Margin %: 32.87% (81% above median its 10-year median of 18.14)
GF Value™: ₹195.10 vs. price of ₹265.60 (36.1% above fair value)
Industry Position: 22% above the Banks median (#647 of 1527)
No single metric tells the full story. See the NSE:KTKBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnataka Bank Ltd is an Indian banking company. Its operating segment includes Treasury operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It generates maximum revenue from the Retail Banking segment. Geographically, it operates only in India. The company's products and services include savings accounts, certificates of deposits, cash management accounts, money market accounts, loans and advances, and others.
57GF Score
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