Rex Pipes and Cables Industries (NSE:REXPIPES) Net Margin %: 4.49% (As of Mar. 2026) — 28% Above Median


NSE:REXPIPES Rex Pipes and Cables Industries Ltd NSE:REXPIPES
61 GF Score
Price ₹174.25
GF Value ₹76.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Rex Pipes and Cables Industries Net Margin %?

Rex Pipes and Cables Industries NSE:REXPIPES 61 Net Margin % is 4.49% as of Mar. 2026, which is 28% above its 10-year median of 3.52. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,581 Chemicals companies, Rex Pipes and Cables Industries ranks worse than 50.16% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Rex Pipes and Cables Industries's Net Income for the six months ended in Mar. 2026 was ₹27 Mil. Rex Pipes and Cables Industries's Revenue for the six months ended in Mar. 2026 was ₹598 Mil. Therefore, Rex Pipes and Cables Industries's net margin for the quarter that ended in Mar. 2026 was 4.49%.

The historical rank and industry rank for Rex Pipes and Cables Industries's Net Margin % or its related term are showing as below:

NSE:REXPIPES' s Net Margin % Range Over the Past 10 Years
Min: 1.87   Med: 3.52   Max: 3.86
Current: 3.86


NSE:REXPIPES's Net Margin % is ranked worse than
50.16% of 1581 companies
in the Chemicals industry
Industry Median: 3.89 vs NSE:REXPIPES: 3.86

Rex Pipes and Cables Industries  (NSE:REXPIPES) 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.


Rex Pipes and Cables Industries Net Margin % Related Terms


Rex Pipes and Cables Industries Net Margin % Historical Data

* Premium members only.

The historical data trend for Rex Pipes and Cables 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.

Rex Pipes and Cables Industries Net Margin % Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only 1.87 3.07 3.69 3.70 3.86

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.26 2.05 5.87 3.23 4.49

NSE:REXPIPES vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, Rex Pipes and Cables 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.


Rex Pipes and Cables Industries Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rex Pipes and Cables Industries's Net Margin % falls into.


NSE:REXPIPES
61GF Score
Rex Pipes and Cables Industries Ltd NSE:REXPIPES
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rex Pipes and Cables Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Rex Pipes and Cables Industries's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=46.482/1205.102
=3.86 %

Rex Pipes and Cables Industries's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=26.875/598.19
=4.49 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 4.49% mean?
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Net Margin % of 4.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Rex Pipes and Cables Industries and its competitors. This is 28% above median its historical median of 3.52. Over the past decade, Rex Pipes and Cables Industries' Net Margin % has ranged from 1.87 to 3.86. According to the industry distribution chart, Rex Pipes and Cables Industries ranks #793 out of 1581 companies in the Chemicals industry, placing it in the top 50.2%.
Is Rex Pipes and Cables Industries' Net Margin % too high?
Rex Pipes and Cables Industries' current Net Margin % of 4.49% is 28% above median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 3.86. The Chemicals industry median Net Margin % is 3.89. Rex Pipes and Cables Industries' value of 4.49% is 15.4% above this industry median. Based on the distribution chart, Rex Pipes and Cables Industries ranks #793 out of 1581 companies in the Chemicals industry, which is below the industry midpoint. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rex Pipes and Cables Industries ranks #793 out of 1581 companies for Net Margin %. This places Rex Pipes and Cables Industries in the lower half of its industry. The industry median Net Margin % is 3.89. Rex Pipes and Cables Industries' value of 4.49% is 15.4% above this benchmark. Historically, Rex Pipes and Cables Industries' own Net Margin % has ranged from 1.87 to 3.86 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 3.89, Rex Pipes and Cables 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 Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,581 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. Rex Pipes and Cables Industries's current Net Margin % of 4.49% is 15.4% 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 Rex Pipes and Cables Industries and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rex Pipes and Cables Industries's current Net Margin % is 4.49%, which is 28% above median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.28, compared to a current price of ₹174.25 — trading 128.4% above its estimated fair value. The current Net Margin % is 4.49%, which is 28% above median its 10-year median of 3.52 and 15.4% above the Chemicals industry median of 3.89. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Net Margin % is 4.49% 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?

Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued. The current stock price of ₹174.25 is trading 128.4% above its estimated GF Value™ of ₹76.28. GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.

Key valuation signals for NSE:REXPIPES:

  • Net Margin %: 4.49% (28% above median its 10-year median of 3.52)
  • GF Value™: ₹76.28 vs. price of ₹174.25 (128.4% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 15.4% above the Chemicals median (#793 of 1581)

No single metric tells the full story. See the NSE:REXPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rex Pipes and Cables Industries Business Description

Address F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score

Get the complete analysis for NSE:REXPIPES

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹174.25
Price
₹76.28
GF Value