Associated Coaters (BOM:544183) Operating Margin %: 15.24% (As of Mar. 2026) — 26% Below Median

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BOM:544183 Associated Coaters Ltd BOM:544183
21 GF Score
Price ₹103.50
! 1 Warning Sign
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What is Associated Coaters Operating Margin %?

Associated Coaters BOM:544183 -13.61% 21 Operating Margin % is 15.24% as of Mar. 2026, which is 26% below its 10-year median of 20.59. GuruFocus rates BOM:544183 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,072 Business Services companies, Associated Coaters ranks better than 82.18% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Associated Coaters's Operating Income for the six months ended in Mar. 2026 was ₹7.87 Mil. Associated Coaters's Revenue for the six months ended in Mar. 2026 was ₹51.63 Mil. Therefore, Associated Coaters's Operating Margin % for the quarter that ended in Mar. 2026 was 15.24%.

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

BOM:544183' s Operating Margin % Range Over the Past 10 Years
Min: 13.29   Med: 20.59   Max: 25.74
Current: 16.79


BOM:544183's Operating Margin % is ranked better than
82.18% of 1072 companies
in the Business Services industry
Industry Median: 6.365 vs BOM:544183: 16.79

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

Associated Coaters's Operating Income for the six months ended in Mar. 2026 was ₹7.87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.88 Mil.


Associated Coaters  (BOM:544183) 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.


Associated Coaters Operating Margin % Related Terms


Associated Coaters Operating Margin % Historical Data

* Premium members only.

The historical data trend for Associated Coaters'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.

Associated Coaters Operating Margin % Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 13.29 20.59 25.74 24.22 16.79

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only 30.64 23.48 24.45 19.39 15.24

BOM:544183 vs CTAS, CPRT, GPN: Operating Margin % Comparison

For the Specialty Business Services subindustry, Associated Coaters'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.


Associated Coaters Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Associated Coaters's Operating Margin % falls into.


BOM:544183
21GF Score
Associated Coaters Ltd BOM:544183
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated Coaters 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.

Associated Coaters'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 )
=13.876 / 82.633
=16.79 %

Associated Coaters'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 )
=7.866 / 51.626
=15.24 %

* 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 15.24% mean?
Associated Coaters (BOM:544183) has a Operating Margin % of 15.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Associated Coaters and its competitors. This is 26% below median its historical median of 20.59. Over the past decade, Associated Coaters' Operating Margin % has ranged from 13.29 to 25.74. According to the industry distribution chart, Associated Coaters ranks #191 out of 1072 companies in the Business Services industry, placing it in the top 17.8%.
Is Associated Coaters' Operating Margin % too high?
Associated Coaters' current Operating Margin % of 15.24% is 26% below median its 10-year median of 20.59. Over the past 10 years, this metric has ranged from a low of 13.29 to a high of 25.74. The Business Services industry median Operating Margin % is 6.37. Associated Coaters' value of 15.24% is 139.4% above this industry median. Based on the distribution chart, Associated Coaters ranks #191 out of 1072 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Associated Coaters has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Associated Coaters' Operating Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Associated Coaters ranks #191 out of 1072 companies for Operating Margin %. This places Associated Coaters in the top 18% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.37. Associated Coaters' value of 15.24% is 139.4% above this benchmark. Historically, Associated Coaters' own Operating Margin % has ranged from 13.29 to 25.74 over the past decade. While the company's 10-year median is 20.59 vs. the industry median of 6.37, Associated Coaters 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 Business Services company?
The median Operating Margin % among Business Services companies is 6.37, based on 1,072 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. Associated Coaters's current Operating Margin % of 15.24% is 139.4% 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 Associated Coaters and its competitors. For the Business Services industry, the median Operating Margin % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Coaters's current Operating Margin % is 15.24%, which is 26% below median its own 10-year median of 20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Coaters stock overvalued right now?
Associated Coaters (BOM:544183) has a current Operating Margin % of 15.24%. The current Operating Margin % is 15.24%, which is 26% below median its 10-year median of 20.59 and 139.4% above the Business Services industry median of 6.37. Associated Coaters' overall GF Score™ is 21/100 with 1 warning sign 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 Associated Coaters (BOM:544183), the current Operating Margin % is 15.24% 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.

Associated Coaters Business Description

Address Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry. The company's process begins with surface cleaning to eliminate dirt, grease, or other contaminants, followed by the application of a strategic chemical solution to enhance powder coating adhesion. Techniques such as acidic surface etching and specialized pretreatment agents ensure optimal surface wettability.
21GF Score

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