Pioneer Investcorp (BOM:507864) Operating Margin %: -80.46% (As of Mar. 2026)

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BOM:507864 Pioneer Investcorp Ltd BOM:507864
62 GF Score
Price ₹93.30
GF Value ₹73.34
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Pioneer Investcorp Operating Margin %?

Pioneer Investcorp BOM:507864 -0.74% 62 Operating Margin % is -80.46% as of Mar. 2026. GuruFocus rates BOM:507864 with a GF Score™ of 62/100 and a GF Value™ of ₹73.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 667 Capital Markets companies, Pioneer Investcorp ranks better than 74.96% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pioneer Investcorp's Operating Income for the three months ended in Mar. 2026 was ₹-35.0 Mil. Pioneer Investcorp's Revenue for the three months ended in Mar. 2026 was ₹43.5 Mil. Therefore, Pioneer Investcorp's Operating Margin % for the quarter that ended in Mar. 2026 was -80.46%.

Warning Sign:

Pioneer Investcorp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.2%.

The historical rank and industry rank for Pioneer Investcorp's Operating Margin % or its related term are showing as below:

BOM:507864' s Operating Margin % Range Over the Past 10 Years
Min: 20.7   Med: 37.15   Max: 61.33
Current: 38.35


BOM:507864's Operating Margin % is ranked better than
74.96% of 667 companies
in the Capital Markets industry
Industry Median: 7.28 vs BOM:507864: 38.35

Pioneer Investcorp's 5-Year Average Operating Margin % Growth Rate was -2.20% per year.

Pioneer Investcorp's Operating Income for the three months ended in Mar. 2026 was ₹-35.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹179.8 Mil.


Pioneer Investcorp  (BOM:507864) 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.


Pioneer Investcorp Operating Margin % Related Terms


Pioneer Investcorp Operating Margin % Historical Data

* Premium members only.

The historical data trend for Pioneer Investcorp'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.

Pioneer Investcorp Operating Margin % Chart

Pioneer Investcorp 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 41.55 31.47 37.74 29.20 40.36

Pioneer Investcorp 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 14.75 47.31 45.82 61.23 -80.46

BOM:507864 vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, Pioneer Investcorp'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.


Pioneer Investcorp Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Investcorp's Operating Margin % falls into.


BOM:507864
62GF Score
Pioneer Investcorp Ltd BOM:507864
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pioneer Investcorp 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.

Pioneer Investcorp'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 )
=189.236 / 468.926
=40.36 %

Pioneer Investcorp'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 )
=-35.041 / 43.549
=-80.46 %

* 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 -80.46% mean?
Pioneer Investcorp (BOM:507864) has a Operating Margin % of -80.46% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pioneer Investcorp and its competitors. Over the past decade, Pioneer Investcorp's Operating Margin % has ranged from 20.70 to 61.33. According to the industry distribution chart, Pioneer Investcorp ranks #167 out of 667 companies in the Capital Markets industry, placing it in the top 25%.
Is Pioneer Investcorp's Operating Margin % too high?
Pioneer Investcorp's current Operating Margin % is -80.46%. Over the past 10 years, this metric has ranged from a low of 20.70 to a high of 61.33. Based on the distribution chart, Pioneer Investcorp ranks #167 out of 667 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Pioneer Investcorp has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Investcorp's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Pioneer Investcorp ranks #167 out of 667 companies for Operating Margin %. This places Pioneer Investcorp in the top 25% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.28. Historically, Pioneer Investcorp's own Operating Margin % has ranged from 20.70 to 61.33 over the past decade. 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.28, based on 667 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. 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 Pioneer Investcorp and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Investcorp's current Operating Margin % is -80.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Investcorp stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Investcorp (BOM:507864) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹73.34, compared to a current price of ₹93.30 — trading 27.2% above its estimated fair value. The current Operating Margin % is -80.46%. Pioneer Investcorp's 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 Pioneer Investcorp (BOM:507864), the current Operating Margin % is -80.46% 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 Pioneer Investcorp (BOM:507864) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Investcorp stock appears to be overvalued. The current stock price of ₹93.30 is trading 27.2% above its estimated GF Value™ of ₹73.34. GuruFocus considers Pioneer Investcorp to be Modestly Overvalued.

Key valuation signals for BOM:507864:

  • Operating Margin %: -80.46%
  • GF Value™: ₹73.34 vs. price of ₹93.30 (27.2% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the BOM:507864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pioneer Investcorp Business Description

Address 1218, Maker Chambers V, 12th Floor, Nariman Point, Mumbai, MH, IND, 400021
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.
62GF Score

Get the complete analysis for BOM:507864

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

₹93.30
Price
₹73.34
GF Value