Suraj Products (BOM:518075) Operating Margin %: 9.74% (As of Mar. 2026) — Near Median

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BOM:518075 Suraj Products Ltd BOM:518075
76 GF Score
Price ₹224.95
GF Value ₹345.31
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Suraj Products Operating Margin %?

Suraj Products BOM:518075 -0.90% 76 Operating Margin % is 9.74% as of Mar. 2026, which is 1% above its 10-year median of 9.69. GuruFocus rates BOM:518075 with a GF Score™ of 76/100 and a GF Value™ of ₹345.31 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 611 Steel companies, Suraj Products ranks better than 74.63% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Suraj Products's Operating Income for the three months ended in Mar. 2026 was ₹96 Mil. Suraj Products's Revenue for the three months ended in Mar. 2026 was ₹989 Mil. Therefore, Suraj Products's Operating Margin % for the quarter that ended in Mar. 2026 was 9.74%.

Warning Sign:

Suraj Products Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.4%.

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

BOM:518075' s Operating Margin % Range Over the Past 10 Years
Min: 5.72   Med: 9.69   Max: 14.8
Current: 7.92


BOM:518075's Operating Margin % is ranked better than
74.63% of 611 companies
in the Steel industry
Industry Median: 3.01 vs BOM:518075: 7.92

Suraj Products's 5-Year Average Operating Margin % Growth Rate was -7.40% per year.

Suraj Products's Operating Income for the three months ended in Mar. 2026 was ₹96 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹241 Mil.


Suraj Products  (BOM:518075) 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.


Suraj Products Operating Margin % Related Terms


Suraj Products Operating Margin % Historical Data

* Premium members only.

The historical data trend for Suraj Products'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.

Suraj Products Operating Margin % Chart

Suraj Products 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 14.80 13.83 12.16 8.99 7.92

Suraj Products 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 7.11 6.89 6.97 7.29 9.74

BOM:518075 vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Suraj Products'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.


Suraj Products Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Suraj Products's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Suraj Products's Operating Margin % falls into.


BOM:518075
76GF Score
Suraj Products Ltd BOM:518075
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suraj Products 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.

Suraj Products'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 )
=240.604 / 3037.867
=7.92 %

Suraj Products'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 )
=96.318 / 988.972
=9.74 %

* 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 9.74% mean?
Suraj Products (BOM:518075) has a Operating Margin % of 9.74% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Suraj Products and its competitors. This is near median its historical median of 9.69. Over the past decade, Suraj Products' Operating Margin % has ranged from 5.72 to 14.80. According to the industry distribution chart, Suraj Products ranks #155 out of 611 companies in the Steel industry, placing it in the top 25.4%.
Is Suraj Products' Operating Margin % too high?
Suraj Products' current Operating Margin % of 9.74% is near median its 10-year median of 9.69. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 14.80. The Steel industry median Operating Margin % is 3.01. Suraj Products' value of 9.74% is 223.6% above this industry median. Based on the distribution chart, Suraj Products ranks #155 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Suraj Products has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suraj Products' Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj Products ranks #155 out of 611 companies for Operating Margin %. This puts Suraj Products in the upper half of its industry. The industry median Operating Margin % is 3.01. Suraj Products' value of 9.74% is 223.6% above this benchmark. Historically, Suraj Products' own Operating Margin % has ranged from 5.72 to 14.80 over the past decade. While the company's 10-year median is 9.69 vs. the industry median of 3.01, Suraj Products 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 Steel company?
The median Operating Margin % among Steel companies is 3.01, based on 611 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. Suraj Products's current Operating Margin % of 9.74% is 223.6% 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 Suraj Products and its competitors. For the Steel industry, the median Operating Margin % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suraj Products's current Operating Margin % is 9.74%, which is near median its own 10-year median of 9.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj Products stock overvalued right now?
Based on GuruFocus' analysis, Suraj Products (BOM:518075) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹345.31, compared to a current price of ₹224.95 — trading 34.9% below its estimated fair value. The current Operating Margin % is 9.74%, which is near median its 10-year median of 9.69 and 223.6% above the Steel industry median of 3.01. Suraj Products' overall GF Score™ is 76/100 with 4 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 Suraj Products (BOM:518075), the current Operating Margin % is 9.74% 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 Suraj Products (BOM:518075) Overvalued in 2026?

Based on GuruFocus' analysis, Suraj Products stock appears to be undervalued. The current stock price of ₹224.95 is trading 34.9% below its estimated GF Value™ of ₹345.31. GuruFocus considers Suraj Products to be Significantly Undervalued.

Key valuation signals for BOM:518075:

  • Operating Margin %: 9.74% (near median its 10-year median of 9.69)
  • GF Value™: ₹345.31 vs. price of ₹224.95 (34.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 223.6% above the Steel median (#155 of 611)

No single metric tells the full story. See the BOM:518075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suraj Products Business Description

Address Village: Barpali, P.O. Kesaramal Rajgangpur, Sundargarh, OR, IND, 770017
Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has products namely TMT Bar, Pig Iron, Sponge Iron, MS Ingot, and others.
76GF Score

Get the complete analysis for BOM:518075

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

₹224.95
Price
₹345.31
GF Value