TVS ElectronicsNSE:TVSELECT +5.97%73 Net Margin % is 2.43% as of Mar. 2026, which is 768% above its 10-year median of 0.28. GuruFocus rates NSE:TVSELECT with a GF Score™ of 73/100 and a GF Value™ of ₹450.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,473 Hardware companies, TVS Electronics ranks worse than 65.18% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TVS Electronics's Net Income for the
three
months ended in Mar. 2026 was ₹29 Mil. TVS Electronics's Revenue for the
three
months ended in Mar. 2026 was ₹1,173 Mil. Therefore, TVS Electronics's net margin for the quarter that ended in Mar. 2026 was 2.43%.
The historical rank and industry rank for TVS Electronics's Net Margin % or its related term are showing as below:
NSE:TVSELECT'
s Net Margin % Range Over the Past 10 Years
Min: -0.9 Med: 0.28 Max: 4.91
Current: 0.28
NSE:TVSELECT's Net Margin % is ranked worse than 65.18% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs NSE:TVSELECT: 0.28
TVS Electronics (NSE:TVSELECT) 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.
TVS Electronics Net Margin % Related Terms
TVS Electronics Net Margin % Historical Data
* Premium members only.
The historical data trend for TVS Electronics'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:TVSELECT vs DELL, SNDK, ANET: Net Margin % Comparison
For the Computer Hardware subindustry, TVS Electronics'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.
TVS Electronics Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, TVS Electronics's Net Margin % distribution charts can be found below:
* The bar in red indicates where TVS Electronics'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.
TVS Electronics (NSE:TVSELECT) has a Net Margin % of 2.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TVS Electronics and its competitors. This is 768% above median its historical median of 0.28. According to the industry distribution chart, TVS Electronics ranks #1612 out of 2473 companies in the Hardware industry, placing it in the top 65.2%.
Is TVS Electronics' Net Margin % too high?
TVS Electronics' current Net Margin % of 2.43% is 768% above median its 10-year median of 0.28. The Hardware industry median Net Margin % is 2.70. TVS Electronics' value of 2.43% is 10% below this industry median. Based on the distribution chart, TVS Electronics ranks #1612 out of 2473 companies in the Hardware industry, which is below the industry midpoint. Overall, TVS Electronics has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Net Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, TVS Electronics ranks #1612 out of 2473 companies for Net Margin %. This places TVS Electronics in the lower half of its industry. The industry median Net Margin % is 2.70. TVS Electronics' value of 2.43% is 10% below this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 2.70, TVS Electronics 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 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. TVS Electronics's current Net Margin % of 2.43% is 10% 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 TVS Electronics and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Electronics's current Net Margin % is 2.43%, which is 768% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹450.22, compared to a current price of ₹501.50 — trading 11.4% above its estimated fair value. The current Net Margin % is 2.43%, which is 768% above median its 10-year median of 0.28 and 10% below the Hardware industry median of 2.70. TVS Electronics' overall GF Score™ is 73/100 with 3 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 TVS Electronics (NSE:TVSELECT), the current Net Margin % is 2.43% 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?
Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued.
The current stock price of ₹501.50 is trading 11.4% above its estimated GF Value™ of ₹450.22.
GuruFocus considers TVS Electronics to be Modestly Overvalued.
Key valuation signals for NSE:TVSELECT:
Net Margin %: 2.43% (768% above median its 10-year median of 0.28)
GF Value™: ₹450.22 vs. price of ₹501.50 (11.4% above fair value)
Industry Position: 10% below the Hardware median (#1612 of 2473)
No single metric tells the full story. See the NSE:TVSELECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
73GF Score
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