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.
TCI Industries Operating Margin % Related Terms
TCI Industries Operating Margin % Historical Data
* Premium members only.
The historical data trend for TCI Industries'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:532262 vs CBRE, BEKE: Operating Margin % Comparison
For the Real Estate Services subindustry, TCI Industries'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.
TCI Industries Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TCI Industries's Operating Margin % distribution charts can be found below:
* The bar in red indicates where TCI Industries'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.
TCI Industries'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.
TCI Industries (BOM:532262) has a Operating Margin % of 17.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on TCI Industries and its competitors. According to the industry distribution chart, TCI Industries ranks #953 out of 1748 companies in the Real Estate industry, placing it in the top 54.5%.
Is TCI Industries' Operating Margin % too high?
TCI Industries' current Operating Margin % is 17.24%. The Real Estate industry median Operating Margin % is 13.22. TCI Industries' value of 17.24% is 30.4% above this industry median. Based on the distribution chart, TCI Industries ranks #953 out of 1748 companies in the Real Estate industry, which is below the industry midpoint. Overall, TCI Industries has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCI Industries' Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TCI Industries ranks #953 out of 1748 companies for Operating Margin %. This places TCI Industries in the lower half of its industry. The industry median Operating Margin % is 13.22. TCI Industries' value of 17.24% is 30.4% above this benchmark. 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.22, based on 1,748 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. TCI Industries's current Operating Margin % of 17.24% is 30.4% 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 TCI Industries and its competitors. For the Real Estate industry, the median Operating Margin % is 13.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Industries's current Operating Margin % is 17.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Industries stock overvalued right now?
Based on GuruFocus' analysis, TCI Industries (BOM:532262) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,405.10, compared to a current price of ₹1,425.00 — trading 58.2% below its estimated fair value. The current Operating Margin % is 17.24% and 30.4% above the Real Estate industry median of 13.22. TCI Industries' overall GF Score™ is 50/100 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 TCI Industries (BOM:532262), the current Operating Margin % is 17.24% 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 TCI Industries (BOM:532262) Overvalued in 2026?
Based on GuruFocus' analysis, TCI Industries stock appears to be undervalued.
The current stock price of ₹1,425.00 is trading 58.2% below its estimated GF Value™ of ₹3,405.10.
GuruFocus considers TCI Industries to be Significantly Undervalued.
Key valuation signals for BOM:532262:
Operating Margin %: 17.24%
GF Value™: ₹3,405.10 vs. price of ₹1,425.00 (58.2% below fair value)
Industry Position: 30.4% above the Real Estate median (#953 of 1748)
No single metric tells the full story. See the BOM:532262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCI Industries Ltd is an India-based company engaged in providing space for film shooting, TV serials, advertisements, and other events. The company generates revenue from the rendering of services.
50GF Score
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