Modi Naturals (BOM:519003) Operating Margin %: 9.24% (As of Mar. 2026) — 285% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:519003 Modi Naturals Ltd BOM:519003
80 GF Score
Price ₹408.40
GF Value ₹452.97
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Modi Naturals Operating Margin %?

Modi Naturals BOM:519003 +4.18% 80 Operating Margin % is 9.24% as of Mar. 2026, which is 285% above its 10-year median of 2.40. GuruFocus rates BOM:519003 with a GF Score™ of 80/100 and a GF Value™ of ₹452.97 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,955 Consumer Packaged Goods companies, Modi Naturals ranks better than 68.64% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Modi Naturals's Operating Income for the three months ended in Mar. 2026 was ₹225 Mil. Modi Naturals's Revenue for the three months ended in Mar. 2026 was ₹2,431 Mil. Therefore, Modi Naturals's Operating Margin % for the quarter that ended in Mar. 2026 was 9.24%.

Good Sign:

Modi Naturals Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

BOM:519003' s Operating Margin % Range Over the Past 10 Years
Min: 1.43   Med: 2.4   Max: 9.7
Current: 9.1


BOM:519003's Operating Margin % is ranked better than
68.64% of 1955 companies
in the Consumer Packaged Goods industry
Industry Median: 5.36 vs BOM:519003: 9.10

Modi Naturals's 5-Year Average Operating Margin % Growth Rate was 26.30% per year.

Modi Naturals's Operating Income for the three months ended in Mar. 2026 was ₹225 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹655 Mil.


Modi Naturals  (BOM:519003) 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.


Modi Naturals Operating Margin % Related Terms


Modi Naturals Operating Margin % Historical Data

* Premium members only.

The historical data trend for Modi Naturals'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.

Modi Naturals Operating Margin % Chart

Modi Naturals 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 3.23 1.43 1.46 7.58 9.70

Modi Naturals 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 7.52 10.10 9.07 8.06 9.24

BOM:519003 vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, Modi Naturals'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.


Modi Naturals Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Modi Naturals's Operating Margin % falls into.


BOM:519003
80GF Score
Modi Naturals Ltd BOM:519003
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modi Naturals 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.

Modi Naturals'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 )
=660.736 / 6808.223
=9.70 %

Modi Naturals'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 )
=224.607 / 2430.751
=9.24 %

* 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 9.24% mean?
Modi Naturals (BOM:519003) has a Operating Margin % of 9.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Modi Naturals and its competitors. This is 285% above median its historical median of 2.40. Over the past decade, Modi Naturals' Operating Margin % has ranged from 1.43 to 9.70. According to the industry distribution chart, Modi Naturals ranks #613 out of 1955 companies in the Consumer Packaged Goods industry, placing it in the top 31.4%.
Is Modi Naturals' Operating Margin % too high?
Modi Naturals' current Operating Margin % of 9.24% is 285% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 9.70. The Consumer Packaged Goods industry median Operating Margin % is 5.36. Modi Naturals' value of 9.24% is 72.4% above this industry median. Based on the distribution chart, Modi Naturals ranks #613 out of 1955 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Modi Naturals has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modi Naturals' Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modi Naturals ranks #613 out of 1955 companies for Operating Margin %. This puts Modi Naturals in the upper half of its industry. The industry median Operating Margin % is 5.36. Modi Naturals' value of 9.24% is 72.4% above this benchmark. Historically, Modi Naturals' own Operating Margin % has ranged from 1.43 to 9.70 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 5.36, Modi Naturals 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.36, based on 1,955 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. Modi Naturals's current Operating Margin % of 9.24% is 72.4% 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 Modi Naturals and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modi Naturals's current Operating Margin % is 9.24%, which is 285% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Naturals stock overvalued right now?
Based on GuruFocus' analysis, Modi Naturals (BOM:519003) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹452.97, compared to a current price of ₹408.40 — trading 9.8% below its estimated fair value. The current Operating Margin % is 9.24%, which is 285% above median its 10-year median of 2.40 and 72.4% above the Consumer Packaged Goods industry median of 5.36. Modi Naturals' overall GF Score™ is 80/100 with 1 warning sign 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 Modi Naturals (BOM:519003), the current Operating Margin % is 9.24% 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 Modi Naturals (BOM:519003) Overvalued in 2026?

Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued. The current stock price of ₹408.40 is trading 9.8% below its estimated GF Value™ of ₹452.97. GuruFocus considers Modi Naturals to be Modestly Undervalued.

Key valuation signals for BOM:519003:

  • Operating Margin %: 9.24% (285% above median its 10-year median of 2.40)
  • GF Value™: ₹452.97 vs. price of ₹408.40 (9.8% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 72.4% above the Consumer Packaged Goods median (#613 of 1955)

No single metric tells the full story. See the BOM:519003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modi Naturals Business Description

Other Exchanges MODINATUR:India
Address D-54, Okhla Industrial Area - Phase I, 2nd Floor, New Delhi, IND, 110020
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
80GF Score

Get the complete analysis for BOM:519003

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

₹408.40
Price
₹452.97
GF Value