Garware Hi-Tech Films (BOM:500655) Operating Margin %: 20.69% (As of Mar. 2026) — 35% Above Median


BOM:500655 Garware Hi-Tech Films Ltd BOM:500655
62 GF Score
Price ₹6,679.85
GF Value ₹3,331.52
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Garware Hi-Tech Films Operating Margin %?

Garware Hi-Tech Films BOM:500655 +0.25% 62 Operating Margin % is 20.69% as of Mar. 2026, which is 35% above its 10-year median of 15.30. GuruFocus rates BOM:500655 with a GF Score™ of 62/100 and a GF Value™ of ₹3,331.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,580 Chemicals companies, Garware Hi-Tech Films ranks better than 89.87% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Garware Hi-Tech Films's Operating Income for the three months ended in Mar. 2026 was ₹1,235 Mil. Garware Hi-Tech Films's Revenue for the three months ended in Mar. 2026 was ₹5,967 Mil. Therefore, Garware Hi-Tech Films's Operating Margin % for the quarter that ended in Mar. 2026 was 20.69%.

The historical rank and industry rank for Garware Hi-Tech Films's Operating Margin % or its related term are showing as below:

BOM:500655' s Operating Margin % Range Over the Past 10 Years
Min: 7.07   Med: 15.3   Max: 20.18
Current: 18.38


BOM:500655's Operating Margin % is ranked better than
89.87% of 1580 companies
in the Chemicals industry
Industry Median: 6.015 vs BOM:500655: 18.38

Garware Hi-Tech Films's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Garware Hi-Tech Films's Operating Income for the three months ended in Mar. 2026 was ₹1,235 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,896 Mil.


Garware Hi-Tech Films  (BOM:500655) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Garware Hi-Tech Films Operating Margin % Related Terms


Garware Hi-Tech Films Operating Margin % Historical Data

* Premium members only.

The historical data trend for Garware Hi-Tech Films's Operating 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.

Garware Hi-Tech Films Operating Margin % Chart

Garware Hi-Tech Films Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.48 14.31 14.76 18.96 18.38

Garware Hi-Tech Films Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.17 20.00 19.07 12.75 20.69

BOM:500655 vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Garware Hi-Tech Films's Operating Margin %, along with its competitors' market caps and Operating 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.


Garware Hi-Tech Films Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's Operating Margin % falls into.


BOM:500655
62GF Score
Garware Hi-Tech Films Ltd BOM:500655
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Hi-Tech Films Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Garware Hi-Tech Films's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=3895.8 / 21201.1
=18.38 %

Garware Hi-Tech Films's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1234.5 / 5966.9
=20.69 %

* 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 Operating Margin % →
What does a Operating Margin % of 20.69% mean?
Garware Hi-Tech Films (BOM:500655) has a Operating Margin % of 20.69% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Garware Hi-Tech Films and its competitors. This is 35% above median its historical median of 15.30. Over the past decade, Garware Hi-Tech Films' Operating Margin % has ranged from 7.07 to 20.18. According to the industry distribution chart, Garware Hi-Tech Films ranks #160 out of 1580 companies in the Chemicals industry, placing it in the top 10.1%.
Is Garware Hi-Tech Films' Operating Margin % too high?
Garware Hi-Tech Films' current Operating Margin % of 20.69% is 35% above median its 10-year median of 15.30. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 20.18. The Chemicals industry median Operating Margin % is 6.02. Garware Hi-Tech Films' value of 20.69% is 244% above this industry median. Based on the distribution chart, Garware Hi-Tech Films ranks #160 out of 1580 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Hi-Tech Films has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Garware Hi-Tech Films ranks #160 out of 1580 companies for Operating Margin %. This places Garware Hi-Tech Films in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.02. Garware Hi-Tech Films' value of 20.69% is 244% above this benchmark. Historically, Garware Hi-Tech Films' own Operating Margin % has ranged from 7.07 to 20.18 over the past decade. While the company's 10-year median is 15.30 vs. the industry median of 6.02, Garware Hi-Tech Films 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 Operating Margin % for a Chemicals company?
The median Operating Margin % among Chemicals companies is 6.02, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Garware Hi-Tech Films's current Operating Margin % of 20.69% is 244% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Garware Hi-Tech Films and its competitors. For the Chemicals industry, the median Operating Margin % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Hi-Tech Films's current Operating Margin % is 20.69%, which is 35% above median its own 10-year median of 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (BOM:500655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,331.52, compared to a current price of ₹6,679.85 — trading 100.5% above its estimated fair value. The current Operating Margin % is 20.69%, which is 35% above median its 10-year median of 15.30 and 244% above the Chemicals industry median of 6.02. Garware Hi-Tech Films' overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Garware Hi-Tech Films (BOM:500655), the current Operating Margin % is 20.69% 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 Garware Hi-Tech Films (BOM:500655) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued. The current stock price of ₹6,679.85 is trading 100.5% above its estimated GF Value™ of ₹3,331.52. GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.

Key valuation signals for BOM:500655:

  • Operating Margin %: 20.69% (35% above median its 10-year median of 15.30)
  • GF Value™: ₹3,331.52 vs. price of ₹6,679.85 (100.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 244% above the Chemicals median (#160 of 1580)

No single metric tells the full story. See the BOM:500655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Hi-Tech Films Business Description

Other Exchanges GRWRHITECH:India
Address 50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
62GF Score

Get the complete analysis for BOM:500655

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

₹6,679.85
Price
₹3,331.52
GF Value