Paul Merchants (BOM:539113) Operating Margin %: -0.42% (As of Mar. 2026)


BOM:539113 Paul Merchants Ltd BOM:539113
62 GF Score
Price ₹495.00
GF Value ₹379.72
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Paul Merchants Operating Margin %?

Paul Merchants BOM:539113 62 Operating Margin % is -0.42% as of Mar. 2026. GuruFocus rates BOM:539113 with a GF Score™ of 62/100 and a GF Value™ of ₹379.72 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 667 Capital Markets companies, Paul Merchants ranks worse than 64.62% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Paul Merchants's Operating Income for the three months ended in Mar. 2026 was ₹-20 Mil. Paul Merchants's Revenue for the three months ended in Mar. 2026 was ₹4,821 Mil. Therefore, Paul Merchants's Operating Margin % for the quarter that ended in Mar. 2026 was -0.42%.

The historical rank and industry rank for Paul Merchants's Operating Margin % or its related term are showing as below:

BOM:539113' s Operating Margin % Range Over the Past 10 Years
Min: -1.01   Med: 0.29   Max: 1.37
Current: -1.01


BOM:539113's Operating Margin % is ranked worse than
64.62% of 667 companies
in the Capital Markets industry
Industry Median: 7.13 vs BOM:539113: -1.01

Paul Merchants's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Paul Merchants's Operating Income for the three months ended in Mar. 2026 was ₹-20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-210 Mil.


Paul Merchants  (BOM:539113) 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.


Paul Merchants Operating Margin % Related Terms


Paul Merchants Operating Margin % Historical Data

* Premium members only.

The historical data trend for Paul Merchants'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.

Paul Merchants Operating Margin % Chart

Paul Merchants 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 1.16 1.12 0.05 -0.33 -1.01

Paul Merchants 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 -0.69 -1.01 -1.54 -0.95 -0.42

BOM:539113 vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, Paul Merchants'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.


Paul Merchants Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Paul Merchants's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Paul Merchants's Operating Margin % falls into.


BOM:539113
62GF Score
Paul Merchants Ltd BOM:539113
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Paul Merchants 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.

Paul Merchants'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 )
=-209.712 / 20736.279
=-1.01 %

Paul Merchants'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 )
=-20.355 / 4821.206
=-0.42 %

* 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 -0.42% mean?
Paul Merchants (BOM:539113) has a Operating Margin % of -0.42% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Paul Merchants and its competitors. According to the industry distribution chart, Paul Merchants ranks #431 out of 667 companies in the Capital Markets industry, placing it in the top 64.6%.
Is Paul Merchants' Operating Margin % too high?
Paul Merchants' current Operating Margin % is -0.42%. Based on the distribution chart, Paul Merchants ranks #431 out of 667 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Paul Merchants has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paul Merchants' Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Paul Merchants ranks #431 out of 667 companies for Operating Margin %. This places Paul Merchants in the lower half of its industry. The industry median Operating Margin % is 7.13. 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.13, based on 667 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. 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 Paul Merchants and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paul Merchants's current Operating Margin % is -0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Merchants stock overvalued right now?
Based on GuruFocus' analysis, Paul Merchants (BOM:539113) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹379.72, compared to a current price of ₹495.00 — trading 30.4% above its estimated fair value. The current Operating Margin % is -0.42%. Paul Merchants' overall GF Score™ is 62/100 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 Paul Merchants (BOM:539113), the current Operating Margin % is -0.42% 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 Paul Merchants (BOM:539113) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Merchants stock appears to be overvalued. The current stock price of ₹495.00 is trading 30.4% above its estimated GF Value™ of ₹379.72. GuruFocus considers Paul Merchants to be Modestly Overvalued.

Key valuation signals for BOM:539113:

  • Operating Margin %: -0.42%
  • GF Value™: ₹379.72 vs. price of ₹495.00 (30.4% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the BOM:539113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paul Merchants Business Description

Address Sector - 22A, PML House, SCO 829-830, Chandigarh, IND, 160022
Paul Merchants Ltd offers financial services. The company provides foreign exchange, business payment solutions, tours and travels, ticketing, wealth management services, and gold loans. The company's business segments include Forex, Travels, and Others. The company derives key revenue from the Forex segment.
62GF Score

Get the complete analysis for BOM:539113

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

₹495.00
Price
₹379.72
GF Value