Master TrustNSE:MASTERTR -2.46%70 Net Margin % is 19.97% as of Mar. 2026, which is 10% above its 10-year median of 18.13. GuruFocus rates NSE:MASTERTR with a GF Score™ of 70/100 and a GF Value™ of ₹146.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 774 Capital Markets companies, Master Trust ranks better than 59.04% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Master Trust's Net Income for the
three
months ended in Mar. 2026 was ₹361 Mil. Master Trust's Revenue for the
three
months ended in Mar. 2026 was ₹1,806 Mil. Therefore, Master Trust's net margin for the quarter that ended in Mar. 2026 was 19.97%.
The historical rank and industry rank for Master Trust's Net Margin % or its related term are showing as below:
NSE:MASTERTR'
s Net Margin % Range Over the Past 10 Years
Min: 5.96 Med: 18.13 Max: 26.29
Current: 21.9
NSE:MASTERTR's Net Margin % is ranked better than 59.04% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs NSE:MASTERTR: 21.90
Master Trust (NSE:MASTERTR) 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.
Master Trust Net Margin % Related Terms
Master Trust Net Margin % Historical Data
* Premium members only.
The historical data trend for Master Trust'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:MASTERTR vs MS, GS, SCHW: Net Margin % Comparison
For the Capital Markets subindustry, Master Trust'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.
Master Trust Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Master Trust's Net Margin % distribution charts can be found below:
* The bar in red indicates where Master Trust'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.
Master Trust (NSE:MASTERTR) has a Net Margin % of 19.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Master Trust and its competitors. This is 10% above median its historical median of 18.13. Over the past decade, Master Trust's Net Margin % has ranged from 5.96 to 26.29. According to the industry distribution chart, Master Trust ranks #317 out of 774 companies in the Capital Markets industry, placing it in the top 41%.
Is Master Trust's Net Margin % too high?
Master Trust's current Net Margin % of 19.97% is 10% above median its 10-year median of 18.13. Over the past 10 years, this metric has ranged from a low of 5.96 to a high of 26.29. The Capital Markets industry median Net Margin % is 14.31. Master Trust's value of 19.97% is 39.6% above this industry median. Based on the distribution chart, Master Trust ranks #317 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Master Trust has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Master Trust's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Master Trust ranks #317 out of 774 companies for Net Margin %. This puts Master Trust in the upper half of its industry. The industry median Net Margin % is 14.31. Master Trust's value of 19.97% is 39.6% above this benchmark. Historically, Master Trust's own Net Margin % has ranged from 5.96 to 26.29 over the past decade. While the company's 10-year median is 18.13 vs. the industry median of 14.31, Master Trust 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. Master Trust's current Net Margin % of 19.97% is 39.6% 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 Master Trust and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Trust's current Net Margin % is 19.97%, which is 10% above median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Trust stock overvalued right now?
Based on GuruFocus' analysis, Master Trust (NSE:MASTERTR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹146.66, compared to a current price of ₹76.21 — trading 48% below its estimated fair value. The current Net Margin % is 19.97%, which is 10% above median its 10-year median of 18.13 and 39.6% above the Capital Markets industry median of 14.31. Master Trust's overall GF Score™ is 70/100 with 3 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 Master Trust (NSE:MASTERTR), the current Net Margin % is 19.97% 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 Master Trust (NSE:MASTERTR) Overvalued in 2026?
Based on GuruFocus' analysis, Master Trust stock appears to be undervalued.
The current stock price of ₹76.21 is trading 48% below its estimated GF Value™ of ₹146.66.
GuruFocus considers Master Trust to be Possible Value Trap.
Key valuation signals for NSE:MASTERTR:
Net Margin %: 19.97% (10% above median its 10-year median of 18.13)
GF Value™: ₹146.66 vs. price of ₹76.21 (48% below fair value)
Industry Position: 39.6% above the Capital Markets median (#317 of 774)
No single metric tells the full story. See the NSE:MASTERTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Trust Ltd is a non-banking financial company based in India. It is engaged in the business of lending, sales, and purchases of securities and lands. It offers services broker-assisted trade execution and automated online investing, commodity futures, clearing services for all securities transactions, and other related services. The company operates in two segments, which are Interest and Investment/Trading in Securities & others. The majority of revenue is derived from the Interest segment.
70GF Score
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