Eveready Industries IndiaBOM:531508 -0.67%68 Operating Margin % is 5.84% as of Mar. 2026, which is 31% below its 10-year median of 8.46. GuruFocus rates BOM:531508 with a GF Score™ of 68/100 and a GF Value™ of ₹386.33 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,031 Industrial Products companies, Eveready Industries India ranks better than 62.45% on this metric.
Eveready Industries India Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.9%.
The historical rank and industry rank for Eveready Industries India's Operating Margin % or its related term are showing as below:
BOM:531508'
s Operating Margin % Range Over the Past 10 Years
Min: 5.93 Med: 8.46 Max: 16.41
Current: 9.18
BOM:531508's Operating Margin % is ranked better than 62.45% of 3031
companies
in the Industrial Products industry
Industry Median: 6.53
vs BOM:531508: 9.18
Eveready Industries India (BOM:531508) 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.
Eveready Industries India Operating Margin % Related Terms
Eveready Industries India Operating Margin % Historical Data
* 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.
Eveready Industries India Operating Margin % Chart
BOM:531508 vs VRT, BE: Operating Margin % Comparison
For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.
Eveready Industries India Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eveready Industries India's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Eveready Industries India's Operating Margin % falls into.
Eveready Industries India 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.
Eveready Industries India'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.
Eveready Industries India (BOM:531508) has a Operating Margin % of 5.84% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Eveready Industries India and its competitors. This is 31% below median its historical median of 8.46. Over the past decade, Eveready Industries India's Operating Margin % has ranged from 5.93 to 16.41. According to the industry distribution chart, Eveready Industries India ranks #1138 out of 3031 companies in the Industrial Products industry, placing it in the top 37.5%.
Is Eveready Industries India's Operating Margin % too high?
Eveready Industries India's current Operating Margin % of 5.84% is 31% below median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 16.41. The Industrial Products industry median Operating Margin % is 6.53. Eveready Industries India's value of 5.84% is 10.6% below this industry median. Based on the distribution chart, Eveready Industries India ranks #1138 out of 3031 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Eveready Industries India has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #1138 out of 3031 companies for Operating Margin %. This puts Eveready Industries India in the upper half of its industry. The industry median Operating Margin % is 6.53. Eveready Industries India's value of 5.84% is 10.6% below this benchmark. Historically, Eveready Industries India's own Operating Margin % has ranged from 5.93 to 16.41 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 6.53, Eveready Industries India 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,031 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. Eveready Industries India's current Operating Margin % of 5.84% is 10.6% 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current Operating Margin % is 5.84%, which is 31% below median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Fairly Valued. The stock's GF Value™ is ₹386.33, compared to a current price of ₹364.00 — trading 5.8% below its estimated fair value. The current Operating Margin % is 5.84%, which is 31% below median its 10-year median of 8.46 and 10.6% below the Industrial Products industry median of 6.53. Eveready Industries India's overall GF Score™ is 68/100 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 Eveready Industries India (BOM:531508), the current Operating Margin % is 5.84% 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 Eveready Industries India (BOM:531508) Overvalued in 2026?
Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued.
The current stock price of ₹364.00 is trading 5.8% below its estimated GF Value™ of ₹386.33.
GuruFocus considers Eveready Industries India to be Fairly Valued.
Key valuation signals for BOM:531508:
Operating Margin %: 5.84% (31% below median its 10-year median of 8.46)
GF Value™: ₹386.33 vs. price of ₹364.00 (5.8% below fair value)
Industry Position: 10.6% below the Industrial Products median (#1138 of 3031)
No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
68GF Score
Get the complete analysis for BOM:531508
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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