TSC India (NSE:TSC) Net Margin %: 4.23% (As of Mar. 2026) — 72% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TSC TSC India Ltd NSE:TSC
16 GF Score
Price ₹27.20
! 4 Warning Signs
View Full Analysis

What is TSC India Net Margin %?

TSC India NSE:TSC -3.55% 16 Net Margin % is 4.23% as of Mar. 2026, which is 72% below its 10-year median of 15.33. GuruFocus rates NSE:TSC with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, TSC India ranks better than 75.44% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TSC India's Net Income for the six months ended in Mar. 2026 was ₹5.4 Mil. TSC India's Revenue for the six months ended in Mar. 2026 was ₹128.1 Mil. Therefore, TSC India's net margin for the quarter that ended in Mar. 2026 was 4.23%.

The historical rank and industry rank for TSC India's Net Margin % or its related term are showing as below:

NSE:TSC' s Net Margin % Range Over the Past 10 Years
Min: 10.59   Med: 15.33   Max: 21.55
Current: 12.94


NSE:TSC's Net Margin % is ranked better than
75.44% of 843 companies
in the Travel & Leisure industry
Industry Median: 4.71 vs NSE:TSC: 12.94

TSC India  (NSE:TSC) 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.


TSC India Net Margin % Related Terms


TSC India Net Margin % Historical Data

* Premium members only.

The historical data trend for TSC India'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.

TSC India Net Margin % Chart

TSC India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Net Margin %
10.59 21.55 17.71 12.94

TSC India Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial 0.00 20.79 15.03 20.05 4.23

NSE:TSC vs BKNG, ABNB, RCL: Net Margin % Comparison

For the Travel Services subindustry, TSC India'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.


TSC India Net Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TSC India's Net Margin % distribution charts can be found below:

* The bar in red indicates where TSC India's Net Margin % falls into.


NSE:TSC
16GF Score
TSC India Ltd NSE:TSC
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSC India 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.

TSC India'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 )
=36.901/285.1
=12.94 %

TSC India'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 )
=5.421/128.069
=4.23 %

* 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 4.23% mean?
TSC India (NSE:TSC) has a Net Margin % of 4.23% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TSC India and its competitors. This is 72% below median its historical median of 15.33. Over the past decade, TSC India's Net Margin % has ranged from 10.59 to 21.55. According to the industry distribution chart, TSC India ranks #207 out of 843 companies in the Travel & Leisure industry, placing it in the top 24.6%.
Is TSC India's Net Margin % too high?
TSC India's current Net Margin % of 4.23% is 72% below median its 10-year median of 15.33. Over the past 10 years, this metric has ranged from a low of 10.59 to a high of 21.55. The Travel & Leisure industry median Net Margin % is 4.71. TSC India's value of 4.23% is 10.2% below this industry median. Based on the distribution chart, TSC India ranks #207 out of 843 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TSC India has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TSC India's Net Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, TSC India ranks #207 out of 843 companies for Net Margin %. This places TSC India in the top 25% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.71. TSC India's value of 4.23% is 10.2% below this benchmark. Historically, TSC India's own Net Margin % has ranged from 10.59 to 21.55 over the past decade. While the company's 10-year median is 15.33 vs. the industry median of 4.71, TSC India 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 Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.71, based on 843 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. TSC India's current Net Margin % of 4.23% is 10.2% 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 TSC India and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSC India's current Net Margin % is 4.23%, which is 72% below median its own 10-year median of 15.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC India stock overvalued right now?
TSC India (NSE:TSC) has a current Net Margin % of 4.23%. The current Net Margin % is 4.23%, which is 72% below median its 10-year median of 15.33 and 10.2% below the Travel & Leisure industry median of 4.71. TSC India's overall GF Score™ is 16/100 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 TSC India (NSE:TSC), the current Net Margin % is 4.23% 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.

TSC India Business Description

Address Plot No. 21-22, G.T. Road, Office No. 3, 2nd Floor, Midland Financial Centre, Jalandhar, PB, IND, 144001
TSC India Ltd is a travel management company which specializes in providing comprehensive air ticketing services tailored to the requirements of its clients. The Company is focused on serving the B2B and corporate sectors. TSC works in close collaboration with airlines and travel agents to deliver cost-effective and streamlined travel solutions to end user customers. Its operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
16GF Score

Get the complete analysis for NSE:TSC

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

₹27.20
Price