Accord Transformer & Switchgear (BOM:544710) Operating Margin %: 10.29% (As of Mar. 2026) — 44% Above Median

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BOM:544710 Accord Transformer & Switchgear Ltd BOM:544710
18 GF Score
Price ₹58.66
! 4 Warning Signs
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What is Accord Transformer & Switchgear Operating Margin %?

Accord Transformer & Switchgear BOM:544710 +8.25% 18 Operating Margin % is 10.29% as of Mar. 2026, which is 44% above its 10-year median of 7.17. GuruFocus rates BOM:544710 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 3,035 Industrial Products companies, Accord Transformer & Switchgear ranks better than 67.58% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Accord Transformer & Switchgear's Operating Income for the six months ended in Mar. 2026 was ₹43.6 Mil. Accord Transformer & Switchgear's Revenue for the six months ended in Mar. 2026 was ₹423.5 Mil. Therefore, Accord Transformer & Switchgear's Operating Margin % for the quarter that ended in Mar. 2026 was 10.29%.

The historical rank and industry rank for Accord Transformer & Switchgear's Operating Margin % or its related term are showing as below:

BOM:544710' s Operating Margin % Range Over the Past 10 Years
Min: 4.23   Med: 7.17   Max: 10.98
Current: 10.3


BOM:544710's Operating Margin % is ranked better than
67.58% of 3035 companies
in the Industrial Products industry
Industry Median: 6.49 vs BOM:544710: 10.30

Accord Transformer & Switchgear's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Accord Transformer & Switchgear's Operating Income for the six months ended in Mar. 2026 was ₹43.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹43.6 Mil.


Accord Transformer & Switchgear  (BOM:544710) 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.


Accord Transformer & Switchgear Operating Margin % Related Terms


Accord Transformer & Switchgear Operating Margin % Historical Data

* Premium members only.

The historical data trend for Accord Transformer & Switchgear'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.

Accord Transformer & Switchgear Operating Margin % Chart

Accord Transformer & Switchgear Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Operating Margin %
4.23 5.32 10.98 9.02

Accord Transformer & Switchgear Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Operating Margin % 0.00 0.00 13.20 10.29

BOM:544710 vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Accord Transformer & Switchgear'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.


Accord Transformer & Switchgear Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Accord Transformer & Switchgear's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Accord Transformer & Switchgear's Operating Margin % falls into.


BOM:544710
18GF Score
Accord Transformer & Switchgear Ltd BOM:544710
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accord Transformer & Switchgear 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.

Accord Transformer & Switchgear'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 )
=63.201 / 700.692
=9.02 %

Accord Transformer & Switchgear'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 )
=43.603 / 423.536
=10.29 %

* 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 10.29% mean?
Accord Transformer & Switchgear (BOM:544710) has a Operating Margin % of 10.29% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Accord Transformer & Switchgear and its competitors. This is 44% above median its historical median of 7.17. Over the past decade, Accord Transformer & Switchgear's Operating Margin % has ranged from 4.23 to 10.98. According to the industry distribution chart, Accord Transformer & Switchgear ranks #984 out of 3035 companies in the Industrial Products industry, placing it in the top 32.4%.
Is Accord Transformer & Switchgear's Operating Margin % too high?
Accord Transformer & Switchgear's current Operating Margin % of 10.29% is 44% above median its 10-year median of 7.17. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 10.98. The Industrial Products industry median Operating Margin % is 6.49. Accord Transformer & Switchgear's value of 10.29% is 58.6% above this industry median. Based on the distribution chart, Accord Transformer & Switchgear ranks #984 out of 3035 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Accord Transformer & Switchgear has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accord Transformer & Switchgear's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Accord Transformer & Switchgear ranks #984 out of 3035 companies for Operating Margin %. This puts Accord Transformer & Switchgear in the upper half of its industry. The industry median Operating Margin % is 6.49. Accord Transformer & Switchgear's value of 10.29% is 58.6% above this benchmark. Historically, Accord Transformer & Switchgear's own Operating Margin % has ranged from 4.23 to 10.98 over the past decade. While the company's 10-year median is 7.17 vs. the industry median of 6.49, Accord Transformer & Switchgear 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 6.49, based on 3,035 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. Accord Transformer & Switchgear's current Operating Margin % of 10.29% is 58.6% 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 Accord Transformer & Switchgear and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accord Transformer & Switchgear's current Operating Margin % is 10.29%, which is 44% above median its own 10-year median of 7.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accord Transformer & Switchgear stock overvalued right now?
Accord Transformer & Switchgear (BOM:544710) has a current Operating Margin % of 10.29%. The current Operating Margin % is 10.29%, which is 44% above median its 10-year median of 7.17 and 58.6% above the Industrial Products industry median of 6.49. Accord Transformer & Switchgear's overall GF Score™ is 18/100 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 Accord Transformer & Switchgear (BOM:544710), the current Operating Margin % is 10.29% 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.

Accord Transformer & Switchgear Business Description

Address K Block, Sector2, Unit No.724-725-726, IMT Manesar, Gurgaon, HR, IND, 122050
Accord Transformer & Switchgear Ltd is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers and related equipment. It serves various industries, including the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks. Its offerings include distribution transformers, Power transformers, Dry-type transformers, Package substations, Special-purpose transformers, Low-voltage (LV) control panels, Vacuum Circuit Breaker (VCB) panels, Busducts, cable trays, and associated switchgear assemblies. The segments of the company are Manufacturing Division, which derives maximum revenue; & Service Activity division.
18GF 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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