Malpani Pipes And Fittings (BOM:544351) Operating Margin %: 9.39% (As of Mar. 2026) — Near Median

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BOM:544351 Malpani Pipes And Fittings Ltd BOM:544351
16 GF Score
Price ₹67.00
! 5 Warning Signs
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What is Malpani Pipes And Fittings Operating Margin %?

Malpani Pipes And Fittings BOM:544351 16 Operating Margin % is 9.39% as of Mar. 2026, which is 4% above its 10-year median of 9.01. GuruFocus rates BOM:544351 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,582 Chemicals companies, Malpani Pipes And Fittings ranks better than 62.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Malpani Pipes And Fittings's Operating Income for the six months ended in Mar. 2026 was ₹88 Mil. Malpani Pipes And Fittings's Revenue for the six months ended in Mar. 2026 was ₹935 Mil. Therefore, Malpani Pipes And Fittings's Operating Margin % for the quarter that ended in Mar. 2026 was 9.39%.

The historical rank and industry rank for Malpani Pipes And Fittings's Operating Margin % or its related term are showing as below:

BOM:544351' s Operating Margin % Range Over the Past 10 Years
Min: 4.8   Med: 9.01   Max: 9.4
Current: 9.12


BOM:544351's Operating Margin % is ranked better than
62.83% of 1582 companies
in the Chemicals industry
Industry Median: 6.36 vs BOM:544351: 9.12

Malpani Pipes And Fittings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Malpani Pipes And Fittings's Operating Income for the six months ended in Mar. 2026 was ₹88 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹149 Mil.


Malpani Pipes And Fittings  (BOM:544351) 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.


Malpani Pipes And Fittings Operating Margin % Related Terms


Malpani Pipes And Fittings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Malpani Pipes And Fittings'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.

Malpani Pipes And Fittings Operating Margin % Chart

Malpani Pipes And Fittings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
4.80 4.95 9.01 9.40 9.12

Malpani Pipes And Fittings Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial 0.00 8.64 9.94 8.76 9.39

BOM:544351 vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Malpani Pipes And Fittings'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.


Malpani Pipes And Fittings Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malpani Pipes And Fittings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Malpani Pipes And Fittings's Operating Margin % falls into.


BOM:544351
16GF Score
Malpani Pipes And Fittings Ltd BOM:544351
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Malpani Pipes And Fittings 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.

Malpani Pipes And Fittings'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 )
=148.663 / 1630.332
=9.12 %

Malpani Pipes And Fittings'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 )
=87.745 / 934.718
=9.39 %

* 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 9.39% mean?
Malpani Pipes And Fittings (BOM:544351) has a Operating Margin % of 9.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Malpani Pipes And Fittings and its competitors. This is near median its historical median of 9.01. Over the past decade, Malpani Pipes And Fittings' Operating Margin % has ranged from 4.80 to 9.40. According to the industry distribution chart, Malpani Pipes And Fittings ranks #588 out of 1582 companies in the Chemicals industry, placing it in the top 37.2%.
Is Malpani Pipes And Fittings' Operating Margin % too high?
Malpani Pipes And Fittings' current Operating Margin % of 9.39% is near median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 9.40. The Chemicals industry median Operating Margin % is 6.36. Malpani Pipes And Fittings' value of 9.39% is 47.6% above this industry median. Based on the distribution chart, Malpani Pipes And Fittings ranks #588 out of 1582 companies in the Chemicals industry, which is above the industry midpoint. Overall, Malpani Pipes And Fittings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Malpani Pipes And Fittings' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Malpani Pipes And Fittings ranks #588 out of 1582 companies for Operating Margin %. This puts Malpani Pipes And Fittings in the upper half of its industry. The industry median Operating Margin % is 6.36. Malpani Pipes And Fittings' value of 9.39% is 47.6% above this benchmark. Historically, Malpani Pipes And Fittings' own Operating Margin % has ranged from 4.80 to 9.40 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 6.36, Malpani Pipes And Fittings 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.36, based on 1,582 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. Malpani Pipes And Fittings's current Operating Margin % of 9.39% is 47.6% 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 Malpani Pipes And Fittings and its competitors. For the Chemicals industry, the median Operating Margin % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malpani Pipes And Fittings's current Operating Margin % is 9.39%, which is near median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpani Pipes And Fittings stock overvalued right now?
Malpani Pipes And Fittings (BOM:544351) has a current Operating Margin % of 9.39%. The current Operating Margin % is 9.39%, which is near median its 10-year median of 9.01 and 47.6% above the Chemicals industry median of 6.36. Malpani Pipes And Fittings' overall GF Score™ is 16/100 with 5 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 Malpani Pipes And Fittings (BOM:544351), the current Operating Margin % is 9.39% 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.

Malpani Pipes And Fittings Business Description

Address Sector B Industrial Area, 65-A, Ratlam, MP, IND, 457001
Malpani Pipes And Fittings Ltd manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services. It distributes its products to both wholesalers and retailers. Additionally, the company supplies pipes for government projects through authorized contractors involved in local, state or federal development schemes. Also, It supplies pipes to farmers in terms of farmer welfare policies launched by the Central or State Government.
16GF Score

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

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