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SMR JewelsBOM:544774 +1.29%18 Operating Margin % is 5.74% as of Mar. 2025, which is 17% above its 10-year median of 4.90. GuruFocus rates BOM:544774 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,132 Retail - Cyclical companies, SMR Jewels ranks better than 60.07% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. SMR Jewels's Operating Income for the
six
months ended in Mar. 2025 was ₹151 Mil. SMR Jewels's Revenue for the
six
months ended in Mar. 2025 was ₹2,632 Mil. Therefore, SMR Jewels's Operating Margin % for the quarter that ended in Mar. 2025 was 5.74%.
The historical rank and industry rank for SMR Jewels's Operating Margin % or its related term are showing as below:
BOM:544774'
s Operating Margin % Range Over the Past 10 Years
Min: 2.86 Med: 4.9 Max: 5.74
Current: 5.74
BOM:544774's Operating Margin % is ranked better than 60.07% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 3.905
vs BOM:544774: 5.74
SMR Jewels's 5-Year Average Operating Margin % Growth Rate was 0.00% 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.
SMR Jewels Operating Margin % Related Terms
SMR Jewels Operating Margin % Historical Data
* Premium members only.
The historical data trend for SMR Jewels'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.
SMR Jewels Operating Margin % Chart
SMR Jewels Annual Data
Trend
Mar23
Mar24
Mar25
Operating Margin %
2.86
4.90
5.74
SMR Jewels Semi-Annual Data
Mar23
Mar24
Mar25
Operating Margin %
2.86
4.90
5.74
BOM:544774 vs TPR: Operating Margin % Comparison
For the Luxury Goods subindustry, SMR Jewels'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.
SMR Jewels Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, SMR Jewels's Operating Margin % distribution charts can be found below:
* The bar in red indicates where SMR Jewels'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.
SMR Jewels's Operating Margin % for the fiscal year that ended in Mar. 2025 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.
SMR Jewels (BOM:544774) has a Operating Margin % of 5.74% as of Mar. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on SMR Jewels and its competitors. This is 17% above median its historical median of 4.90. Over the past decade, SMR Jewels' Operating Margin % has ranged from 2.86 to 5.74. According to the industry distribution chart, SMR Jewels ranks #452 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 39.9%.
Is SMR Jewels' Operating Margin % too high?
SMR Jewels' current Operating Margin % of 5.74% is 17% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 5.74. The Retail - Cyclical industry median Operating Margin % is 3.91. SMR Jewels' value of 5.74% is 47% above this industry median. Based on the distribution chart, SMR Jewels ranks #452 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SMR Jewels has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does SMR Jewels' Operating Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, SMR Jewels ranks #452 out of 1132 companies for Operating Margin %. This puts SMR Jewels in the upper half of its industry. The industry median Operating Margin % is 3.91. SMR Jewels' value of 5.74% is 47% above this benchmark. Historically, SMR Jewels' own Operating Margin % has ranged from 2.86 to 5.74 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 3.91, SMR Jewels 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,132 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. SMR Jewels's current Operating Margin % of 5.74% is 47% 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 SMR Jewels and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMR Jewels's current Operating Margin % is 5.74%, which is 17% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMR Jewels stock overvalued right now?
SMR Jewels (BOM:544774) has a current Operating Margin % of 5.74%. The current Operating Margin % is 5.74%, which is 17% above median its 10-year median of 4.90 and 47% above the Retail - Cyclical industry median of 3.91. SMR Jewels' overall GF Score™ is 18/100 with 1 warning sign 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 SMR Jewels (BOM:544774), the current Operating Margin % is 5.74% as of Mar. 2025. 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.
SMR Jewels Ltd is engaged in manufacturing, trading and job work of jewellery and other accessories/products. The company sells and trade its manufactured and traded jewellery and other accessories/products through wholesale and retail outlets. Its product portfolio includes different types of jewellery, namely Designer Heritage Jewellery, Theme-Based Designer Heritage Jewellery, Nature-Inspired Jewellery, Traditional Jewellery, and Daily Wear Jewellery. The majority of the company's revenue is derived from the sales of ornaments and jewelry. Geographically, it operates only in India.
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