Nitin SpinnersBOM:532698 +1.97%70 Operating Margin % is 10.89% as of Mar. 2026, which is 24% above its 10-year median of 8.75. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹396.47 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,041 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks better than 75.22% on this metric.
Nitin Spinners Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.7%.
The historical rank and industry rank for Nitin Spinners's Operating Margin % or its related term are showing as below:
BOM:532698'
s Operating Margin % Range Over the Past 10 Years
Min: 5.22 Med: 8.75 Max: 20.12
Current: 9.48
BOM:532698's Operating Margin % is ranked better than 75.22% of 1041
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08
vs BOM:532698: 9.48
Nitin Spinners's 5-Year Average Operating Margin % Growth Rate was -5.70% per year.
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.
Nitin Spinners Operating Margin % Related Terms
Nitin Spinners Operating Margin % Historical Data
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The historical data trend for Nitin Spinners'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.
For the Textile Manufacturing subindustry, Nitin Spinners'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.
Nitin Spinners Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nitin Spinners'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.
Nitin Spinners'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.
Nitin Spinners (BOM:532698) has a Operating Margin % of 10.89% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nitin Spinners and its competitors. This is 24% above median its historical median of 8.75. Over the past decade, Nitin Spinners' Operating Margin % has ranged from 5.22 to 20.12. According to the industry distribution chart, Nitin Spinners ranks #258 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.8%.
Is Nitin Spinners' Operating Margin % too high?
Nitin Spinners' current Operating Margin % of 10.89% is 24% above median its 10-year median of 8.75. Over the past 10 years, this metric has ranged from a low of 5.22 to a high of 20.12. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. Nitin Spinners' value of 10.89% is 166.9% above this industry median. Based on the distribution chart, Nitin Spinners ranks #258 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Nitin Spinners has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' Operating Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #258 out of 1041 companies for Operating Margin %. This places Nitin Spinners in the top 25% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.08. Nitin Spinners' value of 10.89% is 166.9% above this benchmark. Historically, Nitin Spinners' own Operating Margin % has ranged from 5.22 to 20.12 over the past decade. While the company's 10-year median is 8.75 vs. the industry median of 4.08, Nitin Spinners 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 1,041 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. Nitin Spinners's current Operating Margin % of 10.89% is 166.9% 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 Nitin Spinners 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. Nitin Spinners's current Operating Margin % is 10.89%, which is 24% above median its own 10-year median of 8.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹396.47, compared to a current price of ₹560.95 — trading 41.5% above its estimated fair value. The current Operating Margin % is 10.89%, which is 24% above median its 10-year median of 8.75 and 166.9% above the Manufacturing - Apparel & Accessories industry median of 4.08. Nitin Spinners' overall GF Score™ is 70/100 with 10 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 Nitin Spinners (BOM:532698), the current Operating Margin % is 10.89% 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 Nitin Spinners (BOM:532698) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued.
The current stock price of ₹560.95 is trading 41.5% above its estimated GF Value™ of ₹396.47.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
Operating Margin %: 10.89% (24% above median its 10-year median of 8.75)
GF Value™: ₹396.47 vs. price of ₹560.95 (41.5% above fair value)
Industry Position: 166.9% above the Manufacturing - Apparel & Accessories median (#258 of 1041)
No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
70GF Score
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