Waaree Renewable Technologies Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.1%.
The historical rank and industry rank for Waaree Renewable Technologies's Operating Margin % or its related term are showing as below:
BOM:534618'
s Operating Margin % Range Over the Past 10 Years
Min: -20.15 Med: 21.01 Max: 41.26
Current: 18.99
BOM:534618's Operating Margin % is ranked better than 89.44% of 1762
companies
in the Construction industry
Industry Median: 5.895
vs BOM:534618: 18.99
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.
Waaree Renewable Technologies Operating Margin % Related Terms
Waaree Renewable Technologies 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.
BOM:534618 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Waaree Renewable Technologies'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.
Waaree Renewable Technologies Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Waaree Renewable Technologies's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Waaree Renewable Technologies'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.
* 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.
Waaree Renewable Technologies (BOM:534618) has a Operating Margin % of 18.57% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Waaree Renewable Technologies and its competitors. This is 12% below median its historical median of 21.01. According to the industry distribution chart, Waaree Renewable Technologies ranks #186 out of 1762 companies in the Construction industry, placing it in the top 10.6%.
Is Waaree Renewable Technologies' Operating Margin % too high?
Waaree Renewable Technologies' current Operating Margin % of 18.57% is 12% below median its 10-year median of 21.01. The Construction industry median Operating Margin % is 5.90. Waaree Renewable Technologies' value of 18.57% is 215% above this industry median. Based on the distribution chart, Waaree Renewable Technologies ranks #186 out of 1762 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Waaree Renewable Technologies has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Waaree Renewable Technologies ranks #186 out of 1762 companies for Operating Margin %. This places Waaree Renewable Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.90. Waaree Renewable Technologies' value of 18.57% is 215% above this benchmark. While the company's 10-year median is 21.01 vs. the industry median of 5.90, Waaree Renewable Technologies 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 Construction company?
The median Operating Margin % among Construction companies is 5.90, based on 1,762 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. Waaree Renewable Technologies's current Operating Margin % of 18.57% is 215% 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 Waaree Renewable Technologies and its competitors. For the Construction industry, the median Operating Margin % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Renewable Technologies's current Operating Margin % is 18.57%, which is 12% below median its own 10-year median of 21.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Renewable Technologies (BOM:534618) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,382.64, compared to a current price of ₹1,020.45 — trading 57.2% below its estimated fair value. The current Operating Margin % is 18.57%, which is 12% below median its 10-year median of 21.01 and 215% above the Construction industry median of 5.90. Waaree Renewable Technologies' overall GF Score™ is 79/100 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 Waaree Renewable Technologies (BOM:534618), the current Operating Margin % is 18.57% 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 Waaree Renewable Technologies (BOM:534618) Overvalued in 2026?
Based on GuruFocus' analysis, Waaree Renewable Technologies stock appears to be undervalued.
The current stock price of ₹1,020.45 is trading 57.2% below its estimated GF Value™ of ₹2,382.64.
GuruFocus considers Waaree Renewable Technologies to be Possible Value Trap.
Key valuation signals for BOM:534618:
Operating Margin %: 18.57% (12% below median its 10-year median of 21.01)
GF Value™: ₹2,382.64 vs. price of ₹1,020.45 (57.2% below fair value)
Industry Position: 215% above the Construction median (#186 of 1762)
No single metric tells the full story. See the BOM:534618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waaree Renewable Technologies Business Description
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
79GF Score
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