Northern Spirits (BOM:542628) Operating Margin %: 1.62% (As of Mar. 2026) — 66% Below Median


BOM:542628 Northern Spirits Ltd BOM:542628
75 GF Score
Price ₹126.75
GF Value ₹330.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Northern Spirits Operating Margin %?

Northern Spirits BOM:542628 +0.48% 75 Operating Margin % is 1.62% as of Mar. 2026, which is 66% below its 10-year median of 4.77. GuruFocus rates BOM:542628 with a GF Score™ of 75/100 and a GF Value™ of ₹330.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Northern Spirits ranks worse than 70% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Northern Spirits's Operating Income for the three months ended in Mar. 2026 was ₹100 Mil. Northern Spirits's Revenue for the three months ended in Mar. 2026 was ₹6,159 Mil. Therefore, Northern Spirits's Operating Margin % for the quarter that ended in Mar. 2026 was 1.62%.

Warning Sign:

Northern Spirits Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17.1%.

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

BOM:542628' s Operating Margin % Range Over the Past 10 Years
Min: 2.14   Med: 4.77   Max: 18
Current: 2.14


BOM:542628's Operating Margin % is ranked worse than
70% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 7.79 vs BOM:542628: 2.14

Northern Spirits's 5-Year Average Operating Margin % Growth Rate was -17.10% per year.

Northern Spirits's Operating Income for the three months ended in Mar. 2026 was ₹100 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹494 Mil.


Northern Spirits  (BOM:542628) 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.


Northern Spirits Operating Margin % Related Terms


Northern Spirits Operating Margin % Historical Data

* Premium members only.

The historical data trend for Northern Spirits'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.

Northern Spirits Operating Margin % Chart

Northern Spirits 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 4.79 2.47 2.48 2.38 2.14

Northern Spirits Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 1.32 2.51 2.41 2.08 1.62

BOM:542628 vs BF.B: Operating Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Northern Spirits'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.


Northern Spirits Operating Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Northern Spirits's Operating Margin % falls into.


BOM:542628
75GF Score
Northern Spirits Ltd BOM:542628
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Spirits 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.

Northern Spirits'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 )
=493.268 / 23089.735
=2.14 %

Northern Spirits'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 )
=100.058 / 6159.239
=1.62 %

* 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 1.62% mean?
Northern Spirits (BOM:542628) has a Operating Margin % of 1.62% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Northern Spirits and its competitors. This is 66% below median its historical median of 4.77. Over the past decade, Northern Spirits' Operating Margin % has ranged from 2.14 to 18.00. According to the industry distribution chart, Northern Spirits ranks #147 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 70%.
Is Northern Spirits' Operating Margin % too high?
Northern Spirits' current Operating Margin % of 1.62% is 66% below median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 18.00. The Beverages - Alcoholic industry median Operating Margin % is 7.79. Northern Spirits' value of 1.62% is 79.2% below this industry median. Based on the distribution chart, Northern Spirits ranks #147 out of 210 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Northern Spirits has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Spirits' Operating Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #147 out of 210 companies for Operating Margin %. This places Northern Spirits in the lower half of its industry. The industry median Operating Margin % is 7.79. Northern Spirits' value of 1.62% is 79.2% below this benchmark. Historically, Northern Spirits' own Operating Margin % has ranged from 2.14 to 18.00 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 7.79, Northern Spirits has consistently been below 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 Beverages - Alcoholic company?
The median Operating Margin % among Beverages - Alcoholic companies is 7.79, based on 210 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. Northern Spirits's current Operating Margin % of 1.62% is 79.2% below 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 Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median Operating Margin % is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current Operating Margin % is 1.62%, which is 66% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Spirits stock overvalued right now?
Based on GuruFocus' analysis, Northern Spirits (BOM:542628) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹330.54, compared to a current price of ₹126.75 — trading 61.7% below its estimated fair value. The current Operating Margin % is 1.62%, which is 66% below median its 10-year median of 4.77 and 79.2% below the Beverages - Alcoholic industry median of 7.79. Northern Spirits' overall GF Score™ is 75/100 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 Northern Spirits (BOM:542628), the current Operating Margin % is 1.62% 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 Northern Spirits (BOM:542628) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Spirits stock appears to be undervalued. The current stock price of ₹126.75 is trading 61.7% below its estimated GF Value™ of ₹330.54. GuruFocus considers Northern Spirits to be Significantly Undervalued.

Key valuation signals for BOM:542628:

  • Operating Margin %: 1.62% (66% below median its 10-year median of 4.77)
  • GF Value™: ₹330.54 vs. price of ₹126.75 (61.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 79.2% below the Beverages - Alcoholic median (#147 of 210)

No single metric tells the full story. See the BOM:542628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Spirits Business Description

Address 5A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700 020
Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.
75GF Score

Get the complete analysis for BOM:542628

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

₹126.75
Price
₹330.54
GF Value