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Indraprastha GasBOM:532514 -1.55%88 Operating Margin % is 6.92% as of Mar. 2026, which is 64% below its 10-year median of 19.28. GuruFocus rates BOM:532514 with a GF Score™ of 88/100 and a GF Value™ of ₹232.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 497 Utilities - Regulated companies, Indraprastha Gas ranks worse than 67.61% on this metric.
Indraprastha Gas Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -19.3%.
The historical rank and industry rank for Indraprastha Gas's Operating Margin % or its related term are showing as below:
BOM:532514'
s Operating Margin % Range Over the Past 10 Years
Min: 8.2 Med: 19.28 Max: 24.53
Current: 8.2
BOM:532514's Operating Margin % is ranked worse than 67.61% of 497
companies
in the Utilities - Regulated industry
Industry Median: 14.73
vs BOM:532514: 8.20
Indraprastha Gas's 5-Year Average Operating Margin % Growth Rate was -19.30% per year.
Indraprastha Gas (BOM:532514) 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.
Indraprastha Gas Operating Margin % Related Terms
Indraprastha Gas Operating Margin % Historical Data
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The historical data trend for Indraprastha Gas'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:532514 vs ATO, NI, UGI: Operating Margin % Comparison
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas'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.
Indraprastha Gas'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.
Indraprastha Gas (BOM:532514) has a Operating Margin % of 6.92% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Indraprastha Gas and its competitors. This is 64% below median its historical median of 19.28. Over the past decade, Indraprastha Gas' Operating Margin % has ranged from 8.20 to 24.53. According to the industry distribution chart, Indraprastha Gas ranks #336 out of 497 companies in the Utilities - Regulated industry, placing it in the top 67.6%.
Is Indraprastha Gas' Operating Margin % too high?
Indraprastha Gas' current Operating Margin % of 6.92% is 64% below median its 10-year median of 19.28. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 24.53. The Utilities - Regulated industry median Operating Margin % is 14.73. Indraprastha Gas' value of 6.92% is 53% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #336 out of 497 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Indraprastha Gas has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #336 out of 497 companies for Operating Margin %. This places Indraprastha Gas in the lower half of its industry. The industry median Operating Margin % is 14.73. Indraprastha Gas' value of 6.92% is 53% below this benchmark. Historically, Indraprastha Gas' own Operating Margin % has ranged from 8.20 to 24.53 over the past decade. While the company's 10-year median is 19.28 vs. the industry median of 14.73, Indraprastha Gas 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 Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.73, based on 497 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. Indraprastha Gas's current Operating Margin % of 6.92% is 53% 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 Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Operating Margin % is 6.92%, which is 64% below median its own 10-year median of 19.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (BOM:532514) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹232.30, compared to a current price of ₹151.95 — trading 34.6% below its estimated fair value. The current Operating Margin % is 6.92%, which is 64% below median its 10-year median of 19.28 and 53% below the Utilities - Regulated industry median of 14.73. Indraprastha Gas' overall GF Score™ is 88/100 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 Indraprastha Gas (BOM:532514), the current Operating Margin % is 6.92% 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 Indraprastha Gas (BOM:532514) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹151.95 is trading 34.6% below its estimated GF Value™ of ₹232.30.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for BOM:532514:
Operating Margin %: 6.92% (64% below median its 10-year median of 19.28)
GF Value™: ₹232.30 vs. price of ₹151.95 (34.6% below fair value)
Industry Position: 53% below the Utilities - Regulated median (#336 of 497)
No single metric tells the full story. See the BOM:532514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
88GF Score
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