Bhartiya InternationalBOM:526666 +1.38%75 Operating Margin % is 5.42% as of Mar. 2026, which is 18% below its 10-year median of 6.58. GuruFocus rates BOM:526666 with a GF Score™ of 75/100 and a GF Value™ of ₹789.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Bhartiya International ranks better than 64.78% on this metric.
Bhartiya International Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Bhartiya International's Operating Margin % or its related term are showing as below:
BOM:526666'
s Operating Margin % Range Over the Past 10 Years
Min: 2.6 Med: 6.58 Max: 10.47
Current: 6.88
BOM:526666's Operating Margin % is ranked better than 64.78% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs BOM:526666: 6.88
Bhartiya International's 5-Year Average Operating Margin % Growth Rate was 9.80% per year.
Bhartiya International (BOM:526666) 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 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.
Bhartiya International Operating Margin % Related Terms
Bhartiya International Operating Margin % Historical Data
* Premium members only.
The historical data trend for Bhartiya 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.
BOM:526666 vs NKE, DECK, ONON: Operating Margin % Comparison
For the Footwear & Accessories subindustry, Bhartiya 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.
Bhartiya International Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhartiya International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bhartiya International's Operating Margin % falls into.
Bhartiya 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.
Bhartiya International'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.
Bhartiya International (BOM:526666) has a Operating Margin % of 5.42% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bhartiya International and its competitors. This is 18% below median its historical median of 6.58. Over the past decade, Bhartiya International's Operating Margin % has ranged from 2.60 to 10.47. According to the industry distribution chart, Bhartiya International ranks #367 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.2%.
Is Bhartiya International's Operating Margin % too high?
Bhartiya International's current Operating Margin % of 5.42% is 18% below median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 10.47. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Bhartiya International's value of 5.42% is 32.7% above this industry median. Based on the distribution chart, Bhartiya International ranks #367 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bhartiya International has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhartiya International's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhartiya International ranks #367 out of 1042 companies for Operating Margin %. This puts Bhartiya International in the upper half of its industry. The industry median Operating Margin % is 4.09. Bhartiya International's value of 5.42% is 32.7% above this benchmark. Historically, Bhartiya International's own Operating Margin % has ranged from 2.60 to 10.47 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 4.09, Bhartiya 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 4.09, based on 1,042 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. Bhartiya International's current Operating Margin % of 5.42% is 32.7% 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 Bhartiya International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhartiya International's current Operating Margin % is 5.42%, which is 18% below median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhartiya International stock overvalued right now?
Based on GuruFocus' analysis, Bhartiya International (BOM:526666) is currently considered Fairly Valued. The stock's GF Value™ is ₹789.76, compared to a current price of ₹793.00 — trading 0.4% above its estimated fair value. The current Operating Margin % is 5.42%, which is 18% below median its 10-year median of 6.58 and 32.7% above the Manufacturing - Apparel & Accessories industry median of 4.09. Bhartiya International's overall GF Score™ is 75/100 with 3 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 Bhartiya International (BOM:526666), the current Operating Margin % is 5.42% 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 Bhartiya International (BOM:526666) Overvalued in 2026?
Based on GuruFocus' analysis, Bhartiya International stock appears to be overvalued.
The current stock price of ₹793.00 is trading 0.4% above its estimated GF Value™ of ₹789.76.
GuruFocus considers Bhartiya International to be Fairly Valued.
Key valuation signals for BOM:526666:
Operating Margin %: 5.42% (18% below median its 10-year median of 6.58)
GF Value™: ₹789.76 vs. price of ₹793.00 (0.4% above fair value)
Industry Position: 32.7% above the Manufacturing - Apparel & Accessories median (#367 of 1042)
No single metric tells the full story. See the BOM:526666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhartiya International Ltd is an Indian company engaged in the manufacturing, trading, and export of leather and textile products. It is in the Fashion Apparels and accessories segment. The company specializes in leather outerwear, bags, accessories, belts, wallets, and other leather goods, alongside textile apparel and leather finishing services. It operates multiple production facilities mainly in the Bangalore-Chennai region and has manufacturing capabilities in China for leather garments. The company's revenue comes from the sale and export of leather and textile products.
75GF Score
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