Net margin is calculated as Net Income divided by its Revenue. Shah Metacorp's Net Income for the
three
months ended in Mar. 2026 was ₹83 Mil. Shah Metacorp's Revenue for the
three
months ended in Mar. 2026 was ₹623 Mil. Therefore, Shah Metacorp's net margin for the quarter that ended in Mar. 2026 was 13.30%.
The historical rank and industry rank for Shah Metacorp's Net Margin % or its related term are showing as below:
NSE:SHAH'
s Net Margin % Range Over the Past 10 Years
Min: -594.84 Med: -8.65 Max: 18.5
Current: 6.51
NSE:SHAH's Net Margin % is ranked better than 78.92% of 612
companies
in the Steel industry
Industry Median: 1.86
vs NSE:SHAH: 6.51
Shah Metacorp (NSE:SHAH) 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.
Shah Metacorp Net Margin % Related Terms
Shah Metacorp Net Margin % Historical Data
* Premium members only.
The historical data trend for Shah Metacorp'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:SHAH vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Shah Metacorp'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.
Shah Metacorp Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Metacorp's Net Margin % distribution charts can be found below:
* The bar in red indicates where Shah Metacorp'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.
Shah Metacorp (NSE:SHAH) has a Net Margin % of 13.30% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Shah Metacorp and its competitors. According to the industry distribution chart, Shah Metacorp ranks #129 out of 612 companies in the Steel industry, placing it in the top 21.1%.
Is Shah Metacorp's Net Margin % too high?
Shah Metacorp's current Net Margin % is 13.30%. The Steel industry median Net Margin % is 1.86. Shah Metacorp's value of 13.30% is 615.1% above this industry median. Based on the distribution chart, Shah Metacorp ranks #129 out of 612 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shah Metacorp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Metacorp's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Metacorp ranks #129 out of 612 companies for Net Margin %. This places Shah Metacorp in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.86. Shah Metacorp's value of 13.30% is 615.1% above this benchmark. 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 612 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. Shah Metacorp's current Net Margin % of 13.30% is 615.1% 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 Shah Metacorp 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. Shah Metacorp's current Net Margin % is 13.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Metacorp stock overvalued right now?
Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.91, compared to a current price of ₹4.05 — trading 39.2% above its estimated fair value. The current Net Margin % is 13.30% and 615.1% above the Steel industry median of 1.86. Shah Metacorp's overall GF Score™ is 61/100 with 4 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 Shah Metacorp (NSE:SHAH), the current Net Margin % is 13.30% 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Metacorp stock appears to be overvalued.
The current stock price of ₹4.05 is trading 39.2% above its estimated GF Value™ of ₹2.91.
GuruFocus considers Shah Metacorp to be Significantly Overvalued.
Key valuation signals for NSE:SHAH:
Net Margin %: 13.30%
GF Value™: ₹2.91 vs. price of ₹4.05 (39.2% above fair value)
Industry Position: 615.1% above the Steel median (#129 of 612)
No single metric tells the full story. See the NSE:SHAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.
61GF Score
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