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P S Raj SteelsNSE:PSRAJ +4.47%19 Net Margin % is 3.40% as of Mar. 2026, which is 60% above its 10-year median of 2.13. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 611 Steel companies, P S Raj Steels ranks better than 61.7% on this metric.
Net margin is calculated as Net Income divided by its Revenue. P S Raj Steels's Net Income for the
six
months ended in Mar. 2026 was ₹46 Mil. P S Raj Steels's Revenue for the
six
months ended in Mar. 2026 was ₹1,358 Mil. Therefore, P S Raj Steels's net margin for the quarter that ended in Mar. 2026 was 3.40%.
The historical rank and industry rank for P S Raj Steels's Net Margin % or its related term are showing as below:
NSE:PSRAJ'
s Net Margin % Range Over the Past 10 Years
Min: 1.62 Med: 2.13 Max: 3.23
Current: 3.22
NSE:PSRAJ's Net Margin % is ranked better than 61.7% of 611
companies
in the Steel industry
Industry Median: 1.86
vs NSE:PSRAJ: 3.22
P S Raj Steels (NSE:PSRAJ) 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.
P S Raj Steels Net Margin % Related Terms
P S Raj Steels Net Margin % Historical Data
* Premium members only.
The historical data trend for P S Raj Steels'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:PSRAJ vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, P S Raj Steels'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.
P S Raj Steels Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, P S Raj Steels's Net Margin % distribution charts can be found below:
* The bar in red indicates where P S Raj Steels'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.
P S Raj Steels (NSE:PSRAJ) has a Net Margin % of 3.40% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on P S Raj Steels and its competitors. This is 60% above median its historical median of 2.13. Over the past decade, P S Raj Steels' Net Margin % has ranged from 1.62 to 3.23. According to the industry distribution chart, P S Raj Steels ranks #234 out of 611 companies in the Steel industry, placing it in the top 38.3%.
Is P S Raj Steels' Net Margin % too high?
P S Raj Steels' current Net Margin % of 3.40% is 60% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 3.23. The Steel industry median Net Margin % is 1.86. P S Raj Steels' value of 3.40% is 82.8% above this industry median. Based on the distribution chart, P S Raj Steels ranks #234 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #234 out of 611 companies for Net Margin %. This puts P S Raj Steels in the upper half of its industry. The industry median Net Margin % is 1.86. P S Raj Steels' value of 3.40% is 82.8% above this benchmark. Historically, P S Raj Steels' own Net Margin % has ranged from 1.62 to 3.23 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.86, P S Raj Steels 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 611 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. P S Raj Steels's current Net Margin % of 3.40% is 82.8% 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 P S Raj Steels 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. P S Raj Steels's current Net Margin % is 3.40%, which is 60% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current Net Margin % of 3.40%. The current Net Margin % is 3.40%, which is 60% above median its 10-year median of 2.13 and 82.8% above the Steel industry median of 1.86. P S Raj Steels' overall GF Score™ is 19/100 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 P S Raj Steels (NSE:PSRAJ), the current Net Margin % is 3.40% 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.
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF Score
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