SPP PolymerNSE:SPPPOLY +4.07%11 Net Margin % is 1.05% as of Mar. 2025, which is at its 10-year median of 1.05. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 390 Packaging & Containers companies, SPP Polymer ranks worse than 70% on this metric.
Net margin is calculated as Net Income divided by its Revenue. SPP Polymer's Net Income for the
six
months ended in Mar. 2025 was ₹11 Mil. SPP Polymer's Revenue for the
six
months ended in Mar. 2025 was ₹1,076 Mil. Therefore, SPP Polymer's net margin for the quarter that ended in Mar. 2025 was 1.05%.
The historical rank and industry rank for SPP Polymer's Net Margin % or its related term are showing as below:
NSE:SPPPOLY'
s Net Margin % Range Over the Past 10 Years
Min: 0.35 Med: 1.05 Max: 1.63
Current: 1.05
NSE:SPPPOLY's Net Margin % is ranked worse than 70% of 390
companies
in the Packaging & Containers industry
Industry Median: 3.575
vs NSE:SPPPOLY: 1.05
SPP Polymer (NSE:SPPPOLY) 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.
SPP Polymer Net Margin % Related Terms
SPP Polymer Net Margin % Historical Data
* Premium members only.
The historical data trend for SPP Polymer'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.
SPP Polymer Net Margin % Chart
SPP Polymer Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Net Margin %
1.63
0.35
0.82
1.13
1.05
SPP Polymer Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Net Margin %
1.63
0.35
0.82
1.13
1.05
NSE:SPPPOLY vs SW, PKG, IP: Net Margin % Comparison
For the Packaging & Containers subindustry, SPP Polymer'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.
SPP Polymer Net Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's Net Margin % distribution charts can be found below:
* The bar in red indicates where SPP Polymer'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.
SPP Polymer (NSE:SPPPOLY) has a Net Margin % of 1.05% as of Mar. 2025. Net margin is the ratio of total net income to net sales. View historical data on SPP Polymer and its competitors. This is near median its historical median of 1.05. Over the past decade, SPP Polymer's Net Margin % has ranged from 0.35 to 1.63. According to the industry distribution chart, SPP Polymer ranks #273 out of 390 companies in the Packaging & Containers industry, placing it in the top 70%.
Is SPP Polymer's Net Margin % too high?
SPP Polymer's current Net Margin % of 1.05% is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.63. The Packaging & Containers industry median Net Margin % is 3.58. SPP Polymer's value of 1.05% is 70.6% below this industry median. Based on the distribution chart, SPP Polymer ranks #273 out of 390 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, SPP Polymer has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's Net Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, SPP Polymer ranks #273 out of 390 companies for Net Margin %. This places SPP Polymer in the lower half of its industry. The industry median Net Margin % is 3.58. SPP Polymer's value of 1.05% is 70.6% below this benchmark. Historically, SPP Polymer's own Net Margin % has ranged from 0.35 to 1.63 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 3.58, SPP Polymer has consistently been below 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 Packaging & Containers company?
The median Net Margin % among Packaging & Containers companies is 3.58, based on 390 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. SPP Polymer's current Net Margin % of 1.05% is 70.6% below 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 SPP Polymer and its competitors. For the Packaging & Containers industry, the median Net Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPP Polymer's current Net Margin % is 1.05%, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current Net Margin % of 1.05%. The current Net Margin % is 1.05%, which is near median its 10-year median of 1.05 and 70.6% below the Packaging & Containers industry median of 3.58. SPP Polymer's overall GF Score™ is 11/100 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 SPP Polymer (NSE:SPPPOLY), the current Net Margin % is 1.05% as of Mar. 2025. 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.
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
11GF Score
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