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Waaree EnergiesBOM:544277 -0.15%49 Operating Margin % is 13.99% as of Jun. 2026, which is 29% above its 10-year median of 10.83. GuruFocus rates BOM:544277 with a GF Score™ of 49/100. The stock has 2 warning signs investors should review. Among 1,025 Semiconductors companies, Waaree Energies ranks better than 74.63% on this metric.
Waaree Energies Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Waaree Energies's Operating Margin % or its related term are showing as below:
BOM:544277'
s Operating Margin % Range Over the Past 10 Years
Min: 2.49 Med: 10.83 Max: 18.54
Current: 17.35
BOM:544277's Operating Margin % is ranked better than 74.63% of 1025
companies
in the Semiconductors industry
Industry Median: 6.71
vs BOM:544277: 17.35
Waaree Energies's 5-Year Average Operating Margin % Growth Rate was 49.60% per year.
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 Energies Operating Margin % Related Terms
Waaree Energies Operating Margin % Historical Data
* Premium members only.
The historical data trend for Waaree Energies'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.
BOM:544277 vs FSLR, NXT, ENPH: Operating Margin % Comparison
For the Solar subindustry, Waaree Energies'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 Energies Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Waaree Energies's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Waaree Energies'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.
Waaree Energies's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Energies (BOM:544277) has a Operating Margin % of 13.99% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Waaree Energies and its competitors. This is 29% above median its historical median of 10.83. Over the past decade, Waaree Energies' Operating Margin % has ranged from 2.49 to 18.54. According to the industry distribution chart, Waaree Energies ranks #260 out of 1025 companies in the Semiconductors industry, placing it in the top 25.4%.
Is Waaree Energies' Operating Margin % too high?
Waaree Energies' current Operating Margin % of 13.99% is 29% above median its 10-year median of 10.83. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 18.54. The Semiconductors industry median Operating Margin % is 6.71. Waaree Energies' value of 13.99% is 108.5% above this industry median. Based on the distribution chart, Waaree Energies ranks #260 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Waaree Energies has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Energies' Operating Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Energies ranks #260 out of 1025 companies for Operating Margin %. This puts Waaree Energies in the upper half of its industry. The industry median Operating Margin % is 6.71. Waaree Energies' value of 13.99% is 108.5% above this benchmark. Historically, Waaree Energies' own Operating Margin % has ranged from 2.49 to 18.54 over the past decade. While the company's 10-year median is 10.83 vs. the industry median of 6.71, Waaree Energies 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 6.71, based on 1,025 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 Energies's current Operating Margin % of 13.99% is 108.5% 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 Energies and its competitors. For the Semiconductors industry, the median Operating Margin % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Energies's current Operating Margin % is 13.99%, which is 29% above median its own 10-year median of 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Energies stock overvalued right now?
Waaree Energies (BOM:544277) has a current Operating Margin % of 13.99%. The current Operating Margin % is 13.99%, which is 29% above median its 10-year median of 10.83 and 108.5% above the Semiconductors industry median of 6.71. Waaree Energies' overall GF Score™ is 49/100 with 2 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 Energies (BOM:544277), the current Operating Margin % is 13.99% as of Jun. 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.
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
49GF Score
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