Phoenix International (BOM:526481) Operating Margin %: 32.22% (As of Mar. 2026) — Near Median


BOM:526481 Phoenix International Ltd BOM:526481
64 GF Score
Price ₹29.09
GF Value ₹39.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Phoenix International Operating Margin %?

Phoenix International BOM:526481 +2.11% 64 Operating Margin % is 32.22% as of Mar. 2026, which is 6% below its 10-year median of 34.38. GuruFocus rates BOM:526481 with a GF Score™ of 64/100 and a GF Value™ of ₹39.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Phoenix International ranks better than 99.04% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Phoenix International's Operating Income for the three months ended in Mar. 2026 was ₹23.9 Mil. Phoenix International's Revenue for the three months ended in Mar. 2026 was ₹74.3 Mil. Therefore, Phoenix International's Operating Margin % for the quarter that ended in Mar. 2026 was 32.22%.

Warning Sign:

Phoenix International Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.6%.

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

BOM:526481' s Operating Margin % Range Over the Past 10 Years
Min: 21.4   Med: 34.38   Max: 51.89
Current: 37.71


BOM:526481's Operating Margin % is ranked better than
99.04% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08 vs BOM:526481: 37.71

Phoenix International's 5-Year Average Operating Margin % Growth Rate was -2.60% per year.

Phoenix International's Operating Income for the three months ended in Mar. 2026 was ₹23.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹104.0 Mil.


Phoenix International  (BOM:526481) 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.


Phoenix International Operating Margin % Related Terms


Phoenix International Operating Margin % Historical Data

* Premium members only.

The historical data trend for Phoenix 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.

Phoenix International Operating Margin % Chart

Phoenix International 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 36.30 30.20 39.87 41.26 37.71

Phoenix International 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 40.24 40.65 37.67 41.04 32.22

BOM:526481 vs NKE, DECK, ONON: Operating Margin % Comparison

For the Footwear & Accessories subindustry, Phoenix 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.


Phoenix International Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Phoenix International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Phoenix International's Operating Margin % falls into.


BOM:526481
64GF Score
Phoenix International Ltd BOM:526481
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phoenix 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.

Phoenix International'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 )
=104.043 / 275.935
=37.71 %

Phoenix International'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 )
=23.926 / 74.254
=32.22 %

* 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 32.22% mean?
Phoenix International (BOM:526481) has a Operating Margin % of 32.22% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Phoenix International and its competitors. This is near median its historical median of 34.38. Over the past decade, Phoenix International's Operating Margin % has ranged from 21.40 to 51.89. According to the industry distribution chart, Phoenix International ranks #10 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1%.
Is Phoenix International's Operating Margin % too high?
Phoenix International's current Operating Margin % of 32.22% is near median its 10-year median of 34.38. Over the past 10 years, this metric has ranged from a low of 21.40 to a high of 51.89. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. Phoenix International's value of 32.22% is 689.7% above this industry median. Based on the distribution chart, Phoenix International ranks #10 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix International has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phoenix International's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Phoenix International ranks #10 out of 1043 companies for Operating Margin %. This places Phoenix International in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.08. Phoenix International's value of 32.22% is 689.7% above this benchmark. Historically, Phoenix International's own Operating Margin % has ranged from 21.40 to 51.89 over the past decade. While the company's 10-year median is 34.38 vs. the industry median of 4.08, Phoenix 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,043 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. Phoenix International's current Operating Margin % of 32.22% is 689.7% 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 Phoenix International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix International's current Operating Margin % is 32.22%, which is near median its own 10-year median of 34.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix International stock overvalued right now?
Based on GuruFocus' analysis, Phoenix International (BOM:526481) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹39.15, compared to a current price of ₹29.09 — trading 25.7% below its estimated fair value. The current Operating Margin % is 32.22%, which is near median its 10-year median of 34.38 and 689.7% above the Manufacturing - Apparel & Accessories industry median of 4.08. Phoenix International's overall GF Score™ is 64/100 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 Phoenix International (BOM:526481), the current Operating Margin % is 32.22% 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 Phoenix International (BOM:526481) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix International stock appears to be undervalued. The current stock price of ₹29.09 is trading 25.7% below its estimated GF Value™ of ₹39.15. GuruFocus considers Phoenix International to be Modestly Undervalued.

Key valuation signals for BOM:526481:

  • Operating Margin %: 32.22% (near median its 10-year median of 34.38)
  • GF Value™: ₹39.15 vs. price of ₹29.09 (25.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 689.7% above the Manufacturing - Apparel & Accessories median (#10 of 1043)

No single metric tells the full story. See the BOM:526481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phoenix International Business Description

Address 25 Rajendra Place, 3rd Floor, Gopala Tower, New Delhi, IND, 110008
Phoenix International Ltd manufactures and sells footwear and footwear components. The company is in the business of leasing out buildings and is a manufacturer and supplier of shoe uppers in Chennai, India. Its segments comprise Shoe uppers Manufacturing and Rental Services of Immovable Properties. The majority of the company's revenue is generated from the Rental segment. Geographically, it operates only in India.
64GF Score

Get the complete analysis for BOM:526481

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

₹29.09
Price
₹39.15
GF Value