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Indo SMCBOM:544681 +1.23%21 Operating Margin % is 14.36% as of Mar. 2026, which is 7% below its 10-year median of 15.48. GuruFocus rates BOM:544681 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 3,039 Industrial Products companies, Indo SMC ranks better than 81.11% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Indo SMC's Operating Income for the
six
months ended in Mar. 2026 was ₹283 Mil. Indo SMC's Revenue for the
six
months ended in Mar. 2026 was ₹1,972 Mil. Therefore, Indo SMC's Operating Margin % for the quarter that ended in Mar. 2026 was 14.36%.
The historical rank and industry rank for Indo SMC's Operating Margin % or its related term are showing as below:
BOM:544681'
s Operating Margin % Range Over the Past 10 Years
Min: 14.03 Med: 15.48 Max: 16.91
Current: 14.72
BOM:544681's Operating Margin % is ranked better than 81.11% of 3039
companies
in the Industrial Products industry
Industry Median: 6.54
vs BOM:544681: 14.72
Indo SMC's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Indo SMC's Operating Income for the
six
months ended in Mar. 2026 was ₹283 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹456 Mil.
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.
Indo SMC Operating Margin % Related Terms
Indo SMC Operating Margin % Historical Data
* Premium members only.
The historical data trend for Indo SMC'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.
Indo SMC Operating Margin % Chart
Indo SMC Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Operating Margin %
14.03
16.91
16.28
14.67
Indo SMC Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Operating Margin %
0.00
0.00
10.50
15.34
14.36
BOM:544681 vs VRT, BE: Operating Margin % Comparison
For the Electrical Equipment & Parts subindustry, Indo SMC'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.
Indo SMC Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo SMC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Indo SMC'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.
Indo SMC'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.
Indo SMC (BOM:544681) has a Operating Margin % of 14.36% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Indo SMC and its competitors. This is near median its historical median of 15.48. Over the past decade, Indo SMC's Operating Margin % has ranged from 14.03 to 16.91. According to the industry distribution chart, Indo SMC ranks #574 out of 3039 companies in the Industrial Products industry, placing it in the top 18.9%.
Is Indo SMC's Operating Margin % too high?
Indo SMC's current Operating Margin % of 14.36% is near median its 10-year median of 15.48. Over the past 10 years, this metric has ranged from a low of 14.03 to a high of 16.91. The Industrial Products industry median Operating Margin % is 6.54. Indo SMC's value of 14.36% is 119.6% above this industry median. Based on the distribution chart, Indo SMC ranks #574 out of 3039 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo SMC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Indo SMC's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo SMC ranks #574 out of 3039 companies for Operating Margin %. This places Indo SMC in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.54. Indo SMC's value of 14.36% is 119.6% above this benchmark. Historically, Indo SMC's own Operating Margin % has ranged from 14.03 to 16.91 over the past decade. While the company's 10-year median is 15.48 vs. the industry median of 6.54, Indo SMC 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.54, based on 3,039 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. Indo SMC's current Operating Margin % of 14.36% is 119.6% 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 Indo SMC and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo SMC's current Operating Margin % is 14.36%, which is near median its own 10-year median of 15.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo SMC stock overvalued right now?
Indo SMC (BOM:544681) has a current Operating Margin % of 14.36%. The current Operating Margin % is 14.36%, which is near median its 10-year median of 15.48 and 119.6% above the Industrial Products industry median of 6.54. Indo SMC's overall GF Score™ is 21/100 with 6 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 Indo SMC (BOM:544681), the current Operating Margin % is 14.36% 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.
Indo SMC Ltd is engaged in the design and manufacture of multiple products catering to electrical, industrial, and infrastructural applications. Its business comprises of (i) sheet moulding compound division: manufacturing enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic: manufacturing grating plates, and (iii) electrical component division: manufacturing HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company's offerings include SMC (Sheet Moulding Compound) products, FRP (Fibre Reinforced Polymer) products, and Current & Potential Transformers (CT/PTs). The majority of the comapny's revenue is derived from the sale of CT PT Products.
21GF Score
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