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.
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.
Garnet InternationalBOM:512493 -1.11%44 Operating Margin % is 33.36% as of Mar. 2026, which is 12256% above its 10-year median of 0.27. GuruFocus rates BOM:512493 with a GF Score™ of 44/100 and a GF Value™ of ₹9.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 668 Capital Markets companies, Garnet International ranks better than 98.2% on this metric.
The historical rank and industry rank for Garnet International's Operating Margin % or its related term are showing as below:
BOM:512493'
s Operating Margin % Range Over the Past 10 Years
Min: -80.42 Med: 0.27 Max: 308.89
Current: 295.2
BOM:512493's Operating Margin % is ranked better than 98.2% of 668
companies
in the Capital Markets industry
Industry Median: 7.84
vs BOM:512493: 295.20
Garnet International's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Garnet International (BOM:512493) 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 Nokias 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.
Garnet International Operating Margin % Related Terms
Garnet International Operating Margin % Historical Data
* Premium members only.
The historical data trend for Garnet International'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.
BOM:512493 vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, Garnet International'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.
Garnet International Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Garnet International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Garnet International's Operating Margin % falls into.
Garnet International 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.
Garnet International's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Garnet International (BOM:512493) has a Operating Margin % of 33.36% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Garnet International and its competitors. This is 12256% above median its historical median of 0.27. According to the industry distribution chart, Garnet International ranks #12 out of 668 companies in the Capital Markets industry, placing it in the top 1.8%.
Is Garnet International's Operating Margin % too high?
Garnet International's current Operating Margin % of 33.36% is 12256% above median its 10-year median of 0.27. The Capital Markets industry median Operating Margin % is 7.84. Garnet International's value of 33.36% is 325.5% above this industry median. Based on the distribution chart, Garnet International ranks #12 out of 668 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Garnet International has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garnet International's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Garnet International ranks #12 out of 668 companies for Operating Margin %. This places Garnet International in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.84. Garnet International's value of 33.36% is 325.5% above this benchmark. While the company's 10-year median is 0.27 vs. the industry median of 7.84, Garnet International 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.84, based on 668 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. Garnet International's current Operating Margin % of 33.36% is 325.5% 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 Garnet International and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garnet International's current Operating Margin % is 33.36%, which is 12256% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garnet International stock overvalued right now?
Based on GuruFocus' analysis, Garnet International (BOM:512493) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹9.21, compared to a current price of ₹60.71 — trading 559.2% above its estimated fair value. The current Operating Margin % is 33.36%, which is 12256% above median its 10-year median of 0.27 and 325.5% above the Capital Markets industry median of 7.84. Garnet International's overall GF Score™ is 44/100 with 7 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 Garnet International (BOM:512493), the current Operating Margin % is 33.36% 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 Garnet International (BOM:512493) Overvalued in 2026?
Based on GuruFocus' analysis, Garnet International stock appears to be overvalued.
The current stock price of ₹60.71 is trading 559.2% above its estimated GF Value™ of ₹9.21.
GuruFocus considers Garnet International to be Significantly Overvalued.
Key valuation signals for BOM:512493:
Operating Margin %: 33.36% (12256% above median its 10-year median of 0.27)
GF Value™: ₹9.21 vs. price of ₹60.71 (559.2% above fair value)
Industry Position: 325.5% above the Capital Markets median (#12 of 668)
No single metric tells the full story. See the BOM:512493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garnet International Ltd is a non-deposit accepting NBFC engaged in financial services. Its activities mainly comprise investing in listed and unlisted equity shares, debt instruments, and mutual funds etc. of companies in a wide range of industries. Its primary business segments are Trading, which generates maximum revenue, and Shares and Securities. Geographically, the group operates only in India.
44GF Score
Get the complete analysis for BOM:512493
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:512493 has been successfully added to your 
