Bharat SeatsBOM:523229 +0.65%77 Operating Margin % is 3.55% as of Mar. 2026, which is 13% above its 10-year median of 3.15. GuruFocus rates BOM:523229 with a GF Score™ of 77/100 and a GF Value™ of ₹162.95 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,324 Vehicles & Parts companies, Bharat Seats ranks worse than 62.92% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Bharat Seats's Operating Income for the
three
months ended in Mar. 2026 was ₹204 Mil. Bharat Seats's Revenue for the
three
months ended in Mar. 2026 was ₹5,743 Mil. Therefore, Bharat Seats's Operating Margin % for the quarter that ended in Mar. 2026 was 3.55%.
Good Sign:
Bharat Seats Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Bharat Seats's Operating Margin % or its related term are showing as below:
BOM:523229'
s Operating Margin % Range Over the Past 10 Years
Min: 1.73 Med: 3.15 Max: 4.75
Current: 3.27
BOM:523229's Operating Margin % is ranked worse than 62.92% of 1324
companies
in the Vehicles & Parts industry
Industry Median: 4.865
vs BOM:523229: 3.27
Bharat Seats's 5-Year Average Operating Margin % Growth Rate was 16.30% per year.
Bharat Seats's Operating Income for the
three
months ended in Mar. 2026 was ₹204 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹639 Mil.
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.
Bharat Seats Operating Margin % Related Terms
Bharat Seats Operating Margin % Historical Data
* Premium members only.
The historical data trend for Bharat Seats'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:523229 vs ORLY, AZO: Operating Margin % Comparison
For the Auto Parts subindustry, Bharat Seats'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.
Bharat Seats Operating Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Seats's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bharat Seats's Operating Margin % falls into.
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.
Bharat Seats'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.
Bharat Seats (BOM:523229) has a Operating Margin % of 3.55% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bharat Seats and its competitors. This is 13% above median its historical median of 3.15. Over the past decade, Bharat Seats' Operating Margin % has ranged from 1.73 to 4.75. According to the industry distribution chart, Bharat Seats ranks #833 out of 1324 companies in the Vehicles & Parts industry, placing it in the top 62.9%.
Is Bharat Seats' Operating Margin % too high?
Bharat Seats' current Operating Margin % of 3.55% is 13% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 4.75. The Vehicles & Parts industry median Operating Margin % is 4.87. Bharat Seats' value of 3.55% is 27% below this industry median. Based on the distribution chart, Bharat Seats ranks #833 out of 1324 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Bharat Seats has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Seats' Operating Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bharat Seats ranks #833 out of 1324 companies for Operating Margin %. This places Bharat Seats in the lower half of its industry. The industry median Operating Margin % is 4.87. Bharat Seats' value of 3.55% is 27% below this benchmark. Historically, Bharat Seats' own Operating Margin % has ranged from 1.73 to 4.75 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 4.87, Bharat Seats 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 a Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.87, based on 1,324 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. Bharat Seats's current Operating Margin % of 3.55% is 27% 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 Bharat Seats and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Seats's current Operating Margin % is 3.55%, which is 13% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Seats stock overvalued right now?
Based on GuruFocus' analysis, Bharat Seats (BOM:523229) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹162.95, compared to a current price of ₹186.25 — trading 14.3% above its estimated fair value. The current Operating Margin % is 3.55%, which is 13% above median its 10-year median of 3.15 and 27% below the Vehicles & Parts industry median of 4.87. Bharat Seats' overall GF Score™ is 77/100 with 2 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 Bharat Seats (BOM:523229), the current Operating Margin % is 3.55% 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 Bharat Seats (BOM:523229) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Seats stock appears to be overvalued.
The current stock price of ₹186.25 is trading 14.3% above its estimated GF Value™ of ₹162.95.
GuruFocus considers Bharat Seats to be Modestly Overvalued.
Key valuation signals for BOM:523229:
Operating Margin %: 3.55% (13% above median its 10-year median of 3.15)
GF Value™: ₹162.95 vs. price of ₹186.25 (14.3% above fair value)
Industry Position: 27% below the Vehicles & Parts median (#833 of 1324)
No single metric tells the full story. See the BOM:523229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.
77GF Score
Get the complete analysis for BOM:523229
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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