Happy Square Outsourcing Services (NSE:WHITEFORCE) Net Margin %: 5.48% (As of Mar. 2026) — Near Median


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
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What is Happy Square Outsourcing Services Net Margin %?

Happy Square Outsourcing Services NSE:WHITEFORCE 18 Net Margin % is 5.48% as of Mar. 2026, which is 5% below its 10-year median of 5.79. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,074 Business Services companies, Happy Square Outsourcing Services ranks better than 58.38% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Happy Square Outsourcing Services's Net Income for the six months ended in Mar. 2026 was ₹60 Mil. Happy Square Outsourcing Services's Revenue for the six months ended in Mar. 2026 was ₹1,092 Mil. Therefore, Happy Square Outsourcing Services's net margin for the quarter that ended in Mar. 2026 was 5.48%.

The historical rank and industry rank for Happy Square Outsourcing Services's Net Margin % or its related term are showing as below:

NSE:WHITEFORCE' s Net Margin % Range Over the Past 10 Years
Min: 3.39   Med: 5.79   Max: 6.34
Current: 5.48


NSE:WHITEFORCE's Net Margin % is ranked better than
58.38% of 1074 companies
in the Business Services industry
Industry Median: 3.83 vs NSE:WHITEFORCE: 5.48

Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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.


Happy Square Outsourcing Services Net Margin % Related Terms


Happy Square Outsourcing Services Net Margin % Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services Net Margin % Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Net Margin %
3.39 6.34 6.10 5.48

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Net Margin % 3.39 6.34 6.10 5.48

NSE:WHITEFORCE vs KFY, RHI, TNET: Net Margin % Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services Net Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's Net Margin % falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services 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.

Happy Square Outsourcing Services'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 )
=59.838/1091.662
=5.48 %

Happy Square Outsourcing Services'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 )
=59.838/1091.662
=5.48 %

* 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 5.48% mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Net Margin % of 5.48% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Happy Square Outsourcing Services and its competitors. This is near median its historical median of 5.79. Over the past decade, Happy Square Outsourcing Services' Net Margin % has ranged from 3.39 to 6.34. According to the industry distribution chart, Happy Square Outsourcing Services ranks #447 out of 1074 companies in the Business Services industry, placing it in the top 41.6%.
Is Happy Square Outsourcing Services' Net Margin % too high?
Happy Square Outsourcing Services' current Net Margin % of 5.48% is near median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 6.34. The Business Services industry median Net Margin % is 3.83. Happy Square Outsourcing Services' value of 5.48% is 43.1% above this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #447 out of 1074 companies in the Business Services industry, which is above the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Net Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #447 out of 1074 companies for Net Margin %. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median Net Margin % is 3.83. Happy Square Outsourcing Services' value of 5.48% is 43.1% above this benchmark. Historically, Happy Square Outsourcing Services' own Net Margin % has ranged from 3.39 to 6.34 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 3.83, Happy Square Outsourcing Services 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 Business Services company?
The median Net Margin % among Business Services companies is 3.83, based on 1,074 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. Happy Square Outsourcing Services's current Net Margin % of 5.48% is 43.1% 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 Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median Net Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current Net Margin % is 5.48%, which is near median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Net Margin % of 5.48%. The current Net Margin % is 5.48%, which is near median its 10-year median of 5.79 and 43.1% above the Business Services industry median of 3.83. Happy Square Outsourcing Services' overall GF Score™ is 18/100 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Net Margin % is 5.48% 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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