Icodex Publishing Solutions (BOM:544483) Operating Margin %: 21.33% (As of Mar. 2026) — 43% Below Median

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BOM:544483 Icodex Publishing Solutions Ltd BOM:544483
22 GF Score
Price ₹36.69
! 4 Warning Signs
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What is Icodex Publishing Solutions Operating Margin %?

Icodex Publishing Solutions BOM:544483 -5.17% 22 Operating Margin % is 21.33% as of Mar. 2026, which is 43% below its 10-year median of 37.50. GuruFocus rates BOM:544483 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,826 Software companies, Icodex Publishing Solutions ranks better than 97.35% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Icodex Publishing Solutions's Operating Income for the six months ended in Mar. 2026 was ₹25.7 Mil. Icodex Publishing Solutions's Revenue for the six months ended in Mar. 2026 was ₹120.4 Mil. Therefore, Icodex Publishing Solutions's Operating Margin % for the quarter that ended in Mar. 2026 was 21.33%.

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

BOM:544483' s Operating Margin % Range Over the Past 10 Years
Min: 17.52   Med: 37.5   Max: 58.68
Current: 38.38


BOM:544483's Operating Margin % is ranked better than
97.35% of 2826 companies
in the Software industry
Industry Median: 3.955 vs BOM:544483: 38.38

Icodex Publishing Solutions's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Icodex Publishing Solutions's Operating Income for the six months ended in Mar. 2026 was ₹25.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹99.5 Mil.


Icodex Publishing Solutions  (BOM:544483) 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.


Icodex Publishing Solutions Operating Margin % Related Terms


Icodex Publishing Solutions Operating Margin % Historical Data

* Premium members only.

The historical data trend for Icodex Publishing Solutions'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.

Icodex Publishing Solutions Operating Margin % Chart

Icodex Publishing Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
22.94 17.52 37.50 58.68 38.38

Icodex Publishing Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial 0.00 55.54 61.77 53.16 21.33

BOM:544483 vs QH, SHOP, UBER: Operating Margin % Comparison

For the Software - Application subindustry, Icodex Publishing Solutions'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.


Icodex Publishing Solutions Operating Margin % vs Software Industry

For the Software industry and Technology sector, Icodex Publishing Solutions's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Icodex Publishing Solutions's Operating Margin % falls into.


BOM:544483
22GF Score
Icodex Publishing Solutions Ltd BOM:544483
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icodex Publishing Solutions 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.

Icodex Publishing Solutions'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 )
=99.533 / 259.313
=38.38 %

Icodex Publishing Solutions'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 )
=25.673 / 120.364
=21.33 %

* 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 21.33% mean?
Icodex Publishing Solutions (BOM:544483) has a Operating Margin % of 21.33% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Icodex Publishing Solutions and its competitors. This is 43% below median its historical median of 37.50. Over the past decade, Icodex Publishing Solutions' Operating Margin % has ranged from 17.52 to 58.68. According to the industry distribution chart, Icodex Publishing Solutions ranks #75 out of 2826 companies in the Software industry, placing it in the top 2.7%.
Is Icodex Publishing Solutions' Operating Margin % too high?
Icodex Publishing Solutions' current Operating Margin % of 21.33% is 43% below median its 10-year median of 37.50. Over the past 10 years, this metric has ranged from a low of 17.52 to a high of 58.68. The Software industry median Operating Margin % is 3.96. Icodex Publishing Solutions' value of 21.33% is 439.3% above this industry median. Based on the distribution chart, Icodex Publishing Solutions ranks #75 out of 2826 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Icodex Publishing Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Icodex Publishing Solutions' Operating Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Icodex Publishing Solutions ranks #75 out of 2826 companies for Operating Margin %. This places Icodex Publishing Solutions in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.96. Icodex Publishing Solutions' value of 21.33% is 439.3% above this benchmark. Historically, Icodex Publishing Solutions' own Operating Margin % has ranged from 17.52 to 58.68 over the past decade. While the company's 10-year median is 37.50 vs. the industry median of 3.96, Icodex Publishing Solutions 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 Software company?
The median Operating Margin % among Software companies is 3.96, based on 2,826 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. Icodex Publishing Solutions's current Operating Margin % of 21.33% is 439.3% 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 Icodex Publishing Solutions and its competitors. For the Software industry, the median Operating Margin % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icodex Publishing Solutions's current Operating Margin % is 21.33%, which is 43% below median its own 10-year median of 37.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icodex Publishing Solutions stock overvalued right now?
Icodex Publishing Solutions (BOM:544483) has a current Operating Margin % of 21.33%. The current Operating Margin % is 21.33%, which is 43% below median its 10-year median of 37.50 and 439.3% above the Software industry median of 3.96. Icodex Publishing Solutions' overall GF Score™ is 22/100 with 4 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 Icodex Publishing Solutions (BOM:544483), the current Operating Margin % is 21.33% 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.

Icodex Publishing Solutions Business Description

Address 102, First Floor, Suman Business Park, Kalyani Nagar, Viman Nagar, Pune, MH, IND, 411014
Icodex Publishing Solutions Ltd is engaged in the business of Software Product Development for Scholarly Publishing. Its Software products help in publication of research papers, studies and academic articles; that help researchers, academicians, and scholars in their field of work. The company specializes in a developing and providing publishing products and software, which support the publishing process, i.e., from manuscript preparation till print and digital content distribution. It also provides Business Process Management services that support the publishing process with activities like Quality assurance checks, editorial services and back-end support to its Global Publishing Client.
22GF 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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