Power Grid Of India (BOM:532898) Operating Margin %: 49.47% (As of Mar. 2026) — 13% Below Median


BOM:532898 Power Grid Corp Of India Ltd BOM:532898
80 GF Score
Price ₹283.95
GF Value ₹304.52
Valuation Fairly Valued
! 6 Warning Signs
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What is Power Grid Of India Operating Margin %?

Power Grid Of India BOM:532898 -2.36% 80 Operating Margin % is 49.47% as of Mar. 2026, which is 13% below its 10-year median of 57.16. GuruFocus rates BOM:532898 with a GF Score™ of 80/100 and a GF Value™ of ₹304.52 (Fairly Valued). The stock has 6 warning signs investors should review. Among 501 Utilities - Regulated companies, Power Grid Of India ranks better than 97.41% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Power Grid Of India's Operating Income for the three months ended in Mar. 2026 was ₹57,710 Mil. Power Grid Of India's Revenue for the three months ended in Mar. 2026 was ₹116,656 Mil. Therefore, Power Grid Of India's Operating Margin % for the quarter that ended in Mar. 2026 was 49.47%.

Warning Sign:

Power Grid Corp Of India Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.3%.

The historical rank and industry rank for Power Grid Of India's Operating Margin % or its related term are showing as below:

BOM:532898' s Operating Margin % Range Over the Past 10 Years
Min: 53.39   Med: 57.16   Max: 58.9
Current: 53.39


BOM:532898's Operating Margin % is ranked better than
97.41% of 501 companies
in the Utilities - Regulated industry
Industry Median: 14.92 vs BOM:532898: 53.39

Power Grid Of India's 5-Year Average Operating Margin % Growth Rate was -1.30% per year.

Power Grid Of India's Operating Income for the three months ended in Mar. 2026 was ₹57,710 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹249,494 Mil.


Power Grid Of India  (BOM:532898) 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 Nokia’s 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.


Power Grid Of India Operating Margin % Related Terms


Power Grid Of India Operating Margin % Historical Data

* Premium members only.

The historical data trend for Power Grid Of India'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.

Power Grid Of India Operating Margin % Chart

Power Grid Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.04 57.99 58.90 57.13 53.39

Power Grid Of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.25 53.73 51.33 58.66 49.47

BOM:532898 vs NEE, SO, DUK: Operating Margin % Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Of 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.


Power Grid Of India Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's Operating Margin % falls into.


BOM:532898
80GF Score
Power Grid Corp Of India Ltd BOM:532898
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Grid Of 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.

Power Grid Of India's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=249493.9 / 467328.7
=53.39 %

Power Grid Of India's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=57709.8 / 116656.1
=49.47 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 49.47% mean?
Power Grid Of India (BOM:532898) has a Operating Margin % of 49.47% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Power Grid Of India and its competitors. This is 13% below median its historical median of 57.16. Over the past decade, Power Grid Of India's Operating Margin % has ranged from 53.39 to 58.90. According to the industry distribution chart, Power Grid Of India ranks #13 out of 501 companies in the Utilities - Regulated industry, placing it in the top 2.6%.
Is Power Grid Of India's Operating Margin % too high?
Power Grid Of India's current Operating Margin % of 49.47% is 13% below median its 10-year median of 57.16. Over the past 10 years, this metric has ranged from a low of 53.39 to a high of 58.90. The Utilities - Regulated industry median Operating Margin % is 14.92. Power Grid Of India's value of 49.47% is 231.6% above this industry median. Based on the distribution chart, Power Grid Of India ranks #13 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Power Grid Of India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Of India's Operating Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #13 out of 501 companies for Operating Margin %. This places Power Grid Of India in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.92. Power Grid Of India's value of 49.47% is 231.6% above this benchmark. Historically, Power Grid Of India's own Operating Margin % has ranged from 53.39 to 58.90 over the past decade. While the company's 10-year median is 57.16 vs. the industry median of 14.92, Power Grid Of India 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.92, based on 501 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. Power Grid Of India's current Operating Margin % of 49.47% is 231.6% 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 Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current Operating Margin % is 49.47%, which is 13% below median its own 10-year median of 57.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Grid Of India stock overvalued right now?
Based on GuruFocus' analysis, Power Grid Of India (BOM:532898) is currently considered Fairly Valued. The stock's GF Value™ is ₹304.52, compared to a current price of ₹283.95 — trading 6.8% below its estimated fair value. The current Operating Margin % is 49.47%, which is 13% below median its 10-year median of 57.16 and 231.6% above the Utilities - Regulated industry median of 14.92. Power Grid Of India's overall GF Score™ is 80/100 with 6 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 Power Grid Of India (BOM:532898), the current Operating Margin % is 49.47% 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 Power Grid Of India (BOM:532898) Overvalued in 2026?

Based on GuruFocus' analysis, Power Grid Of India stock appears to be undervalued. The current stock price of ₹283.95 is trading 6.8% below its estimated GF Value™ of ₹304.52. GuruFocus considers Power Grid Of India to be Fairly Valued.

Key valuation signals for BOM:532898:

  • Operating Margin %: 49.47% (13% below median its 10-year median of 57.16)
  • GF Value™: ₹304.52 vs. price of ₹283.95 (6.8% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 231.6% above the Utilities - Regulated median (#13 of 501)

No single metric tells the full story. See the BOM:532898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Power Grid Of India Business Description

Other Exchanges POWERGRID:India
Address Sector 29, Saudamini, Plot No. 2, Gurgaon, HR, IND, 122001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages the firm's nationwide transmission infrastructure and operates as a neutral carrier in the point-to-point Bandwidth Leasing Business. The company is also involved in the Consultancy business in which it provides in-house expertise in the Transmission, Distribution, and Telecom sectors, including planning, design, engineering, load dispatch, procurement management, financing, and others. It derives maximum revenue from the Transmission segment.
80GF Score

Get the complete analysis for BOM:532898

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹283.95
Price
₹304.52
GF Value