Shish Industries (BOM:540693) Operating Margin %: -4.49% (As of Mar. 2026)


BOM:540693 Shish Industries Ltd BOM:540693
84 GF Score
Price ₹11.95
GF Value ₹13.29
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shish Industries Operating Margin %?

Shish Industries BOM:540693 -1.24% 84 Operating Margin % is -4.49% as of Mar. 2026. GuruFocus rates BOM:540693 with a GF Score™ of 84/100 and a GF Value™ of ₹13.29 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 393 Packaging & Containers companies, Shish Industries ranks worse than 51.4% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shish Industries's Operating Income for the three months ended in Mar. 2026 was ₹-17 Mil. Shish Industries's Revenue for the three months ended in Mar. 2026 was ₹382 Mil. Therefore, Shish Industries's Operating Margin % for the quarter that ended in Mar. 2026 was -4.49%.

Warning Sign:

Shish Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.7%.

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

BOM:540693' s Operating Margin % Range Over the Past 10 Years
Min: 4.97   Med: 7.3   Max: 13.61
Current: 4.97


BOM:540693's Operating Margin % is ranked worse than
51.4% of 393 companies
in the Packaging & Containers industry
Industry Median: 5.24 vs BOM:540693: 4.97

Shish Industries's 5-Year Average Operating Margin % Growth Rate was -4.70% per year.

Shish Industries's Operating Income for the three months ended in Mar. 2026 was ₹-17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹67 Mil.


Shish Industries  (BOM:540693) 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.


Shish Industries Operating Margin % Related Terms


Shish Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shish Industries'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.

Shish Industries Operating Margin % Chart

Shish Industries 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 6.60 11.99 11.15 5.90 4.97

Shish Industries 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 -0.75 4.94 13.43 8.28 -4.49

BOM:540693 vs SW, PKG, AMCR: Operating Margin % Comparison

For the Packaging & Containers subindustry, Shish Industries'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.


Shish Industries Operating Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shish Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shish Industries's Operating Margin % falls into.


BOM:540693
84GF Score
Shish Industries Ltd BOM:540693
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shish Industries 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.

Shish Industries'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 )
=66.823 / 1343.912
=4.97 %

Shish Industries'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 )
=-17.119 / 381.504
=-4.49 %

* 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 -4.49% mean?
Shish Industries (BOM:540693) has a Operating Margin % of -4.49% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shish Industries and its competitors. Over the past decade, Shish Industries' Operating Margin % has ranged from 4.97 to 13.61. According to the industry distribution chart, Shish Industries ranks #202 out of 393 companies in the Packaging & Containers industry, placing it in the top 51.4%.
Is Shish Industries' Operating Margin % too high?
Shish Industries' current Operating Margin % is -4.49%. Over the past 10 years, this metric has ranged from a low of 4.97 to a high of 13.61. Based on the distribution chart, Shish Industries ranks #202 out of 393 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Shish Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shish Industries' Operating Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shish Industries ranks #202 out of 393 companies for Operating Margin %. This places Shish Industries in the lower half of its industry. The industry median Operating Margin % is 5.24. Historically, Shish Industries' own Operating Margin % has ranged from 4.97 to 13.61 over the past decade. 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 Packaging & Containers company?
The median Operating Margin % among Packaging & Containers companies is 5.24, based on 393 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 Shish Industries and its competitors. For the Packaging & Containers industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shish Industries's current Operating Margin % is -4.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shish Industries stock overvalued right now?
Based on GuruFocus' analysis, Shish Industries (BOM:540693) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹13.29, compared to a current price of ₹11.95 — trading 10.1% below its estimated fair value. The current Operating Margin % is -4.49%. Shish Industries' overall GF Score™ is 84/100 with 7 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 Shish Industries (BOM:540693), the current Operating Margin % is -4.49% 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 Shish Industries (BOM:540693) Overvalued in 2026?

Based on GuruFocus' analysis, Shish Industries stock appears to be undervalued. The current stock price of ₹11.95 is trading 10.1% below its estimated GF Value™ of ₹13.29. GuruFocus considers Shish Industries to be Modestly Undervalued.

Key valuation signals for BOM:540693:

  • Operating Margin %: -4.49%
  • GF Value™: ₹13.29 vs. price of ₹11.95 (10.1% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the BOM:540693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shish Industries Business Description

Address Varachha Road, TP No.4, RS No.11 Paiki, 12-13 B, Paiki, Plot C 1st Floor of 11, 12 Suryapur Mill Compound, Surat, GJ, IND, 395006
Shish Industries Ltd is a manufacturer of plastic corrugated sheets. It also manufactures Saffguard and Stagguard which is a twin wall or Multi-Wall Boards made from plastic resin. The company's products include Polypropylene Corrugated Sheet, Reflective Insulation Product- Carmika, dunnage bags, water tank insulation cover, Sticky traps, Insulation Cover, Cooler Bags, and Others. The company is primarily engaged in the business of Corrugated Plastic Sheets which constitute a single reportable segment.
84GF Score

Get the complete analysis for BOM:540693

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

₹11.95
Price
₹13.29
GF Value