D & H India (BOM:517514) Operating Margin %: 5.13% (As of Mar. 2026) — 22% Above Median


BOM:517514 D & H India Ltd BOM:517514
72 GF Score
Price ₹263.40
GF Value ₹188.22
Valuation Significantly Overvalued
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What is D & H India Operating Margin %?

D & H India BOM:517514 +1.31% 72 Operating Margin % is 5.13% as of Mar. 2026, which is 22% above its 10-year median of 4.21. GuruFocus rates BOM:517514 with a GF Score™ of 72/100 and a GF Value™ of ₹188.22 (Significantly Overvalued). Among 3,031 Industrial Products companies, D & H India ranks worse than 54.7% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. D & H India's Operating Income for the three months ended in Mar. 2026 was ₹37 Mil. D & H India's Revenue for the three months ended in Mar. 2026 was ₹722 Mil. Therefore, D & H India's Operating Margin % for the quarter that ended in Mar. 2026 was 5.13%.

Good Sign:

D & H India Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for D & H India's Operating Margin % or its related term are showing as below:

BOM:517514' s Operating Margin % Range Over the Past 10 Years
Min: 0.54   Med: 4.21   Max: 5.82
Current: 5.54


BOM:517514's Operating Margin % is ranked worse than
54.7% of 3031 companies
in the Industrial Products industry
Industry Median: 6.53 vs BOM:517514: 5.54

D & H India's 5-Year Average Operating Margin % Growth Rate was 45.10% per year.

D & H India's Operating Income for the three months ended in Mar. 2026 was ₹37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹140 Mil.


D & H India  (BOM:517514) 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.


D & H India Operating Margin % Related Terms


D & H India Operating Margin % Historical Data

* Premium members only.

The historical data trend for D & H India'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.

D & H India Operating Margin % Chart

D & H India 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 3.60 5.52 4.81 5.53 5.82

D & H India 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 6.33 5.34 4.72 7.05 5.13

BOM:517514 vs SNA, RBC, LECO: Operating Margin % Comparison

For the Tools & Accessories subindustry, D & H India'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.


D & H India Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, D & H India's Operating Margin % distribution charts can be found below:

* The bar in red indicates where D & H India's Operating Margin % falls into.


BOM:517514
72GF Score
D & H India Ltd BOM:517514
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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D & H India 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.

D & H India'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 )
=146.951 / 2527.078
=5.82 %

D & H India'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 )
=37.025 / 722.414
=5.13 %

* 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 5.13% mean?
D & H India (BOM:517514) has a Operating Margin % of 5.13% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on D & H India and its competitors. This is 22% above median its historical median of 4.21. Over the past decade, D & H India's Operating Margin % has ranged from 0.54 to 5.82. According to the industry distribution chart, D & H India ranks #1658 out of 3031 companies in the Industrial Products industry, placing it in the top 54.7%.
Is D & H India's Operating Margin % too high?
D & H India's current Operating Margin % of 5.13% is 22% above median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 5.82. The Industrial Products industry median Operating Margin % is 6.53. D & H India's value of 5.13% is 21.4% below this industry median. Based on the distribution chart, D & H India ranks #1658 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, D & H India has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D & H India's Operating Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, D & H India ranks #1658 out of 3031 companies for Operating Margin %. This places D & H India in the lower half of its industry. The industry median Operating Margin % is 6.53. D & H India's value of 5.13% is 21.4% below this benchmark. Historically, D & H India's own Operating Margin % has ranged from 0.54 to 5.82 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 6.53, D & H India 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 Operating Margin % for an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,031 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. D & H India's current Operating Margin % of 5.13% is 21.4% 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 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 D & H India and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D & H India's current Operating Margin % is 5.13%, which is 22% above median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D & H India stock overvalued right now?
Based on GuruFocus' analysis, D & H India (BOM:517514) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹188.22, compared to a current price of ₹263.40 — trading 39.9% above its estimated fair value. The current Operating Margin % is 5.13%, which is 22% above median its 10-year median of 4.21 and 21.4% below the Industrial Products industry median of 6.53. D & H India's overall GF Score™ is 72/100. 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 D & H India (BOM:517514), the current Operating Margin % is 5.13% 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 D & H India (BOM:517514) Overvalued in 2026?

Based on GuruFocus' analysis, D & H India stock appears to be overvalued. The current stock price of ₹263.40 is trading 39.9% above its estimated GF Value™ of ₹188.22. GuruFocus considers D & H India to be Significantly Overvalued.

Key valuation signals for BOM:517514:

  • Operating Margin %: 5.13% (22% above median its 10-year median of 4.21)
  • GF Value™: ₹188.22 vs. price of ₹263.40 (39.9% above fair value)
  • GF Score™: 72/100
  • Industry Position: 21.4% below the Industrial Products median (#1658 of 3031)

No single metric tells the full story. See the BOM:517514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D & H India Business Description

Address Sanwer Road, Plot A, Sector A, Industrial Area, Indore, MP, IND, 452 015
D & H India Ltd is engaged in the manufacturing and dealing of welding electrodes. The company is engaged in dealing in Welding Electrodes & Consumables, CO2 Wire, SAW Wire, M Core Wire, Flux Powder, Flux Cored Wire, Stainless Steel Wire & other similar activities. The company has manufacturing plants in India and sales in India. The segment of the company consists of manufacturing and sale of the Welding Consumable and Metallurgical Cored Wire, which is mainly used in infrastructure projects, thermal power plants, steel, metal, cement, and others. It generates the majority of its revenue from the Welding Consumables segment.
72GF Score

Get the complete analysis for BOM:517514

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

₹263.40
Price
₹188.22
GF Value