Thal (KAR:THALL) Operating Margin %: 0.91% (As of Mar. 2026) — 88% Below Median


KAR:THALL Thal Ltd KAR:THALL
79 GF Score
Price ₨617.65
GF Value ₨530.43
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thal Operating Margin %?

Thal KAR:THALL -1.18% 79 Operating Margin % is 0.91% as of Mar. 2026, which is 88% below its 10-year median of 7.63. GuruFocus rates KAR:THALL with a GF Score™ of 79/100 and a GF Value™ of ₨530.43 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,324 Vehicles & Parts companies, Thal ranks worse than 81.87% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Thal's Operating Income for the three months ended in Mar. 2026 was ₨87 Mil. Thal's Revenue for the three months ended in Mar. 2026 was ₨9,524 Mil. Therefore, Thal's Operating Margin % for the quarter that ended in Mar. 2026 was 0.91%.

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

KAR:THALL' s Operating Margin % Range Over the Past 10 Years
Min: -0.6   Med: 7.63   Max: 10.77
Current: -0.49


KAR:THALL's Operating Margin % is ranked worse than
81.87% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 4.865 vs KAR:THALL: -0.49

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

Thal's Operating Income for the three months ended in Mar. 2026 was ₨87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₨-197 Mil.


Thal  (KAR:THALL) 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.


Thal Operating Margin % Related Terms


Thal Operating Margin % Historical Data

* Premium members only.

The historical data trend for Thal'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.

Thal Operating Margin % Chart

Thal Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.90 9.72 3.56 -0.06 -0.60

Thal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.19 -2.85 -0.63 0.58 0.91

KAR:THALL vs ORLY, AZO, GPC: Operating Margin % Comparison

For the Auto Parts subindustry, Thal'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.


Thal Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thal's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Thal's Operating Margin % falls into.


KAR:THALL
79GF Score
Thal Ltd KAR:THALL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thal 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.

Thal's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=-197.366 / 33127.414
=-0.60 %

Thal'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 )
=87.004 / 9524.38
=0.91 %

* 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 0.91% mean?
Thal (KAR:THALL) has a Operating Margin % of 0.91% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thal and its competitors. This is 88% below median its historical median of 7.63. According to the industry distribution chart, Thal ranks #1084 out of 1324 companies in the Vehicles & Parts industry, placing it in the top 81.9%.
Is Thal's Operating Margin % too high?
Thal's current Operating Margin % of 0.91% is 88% below median its 10-year median of 7.63. The Vehicles & Parts industry median Operating Margin % is 4.87. Thal's value of 0.91% is 81.3% below this industry median. Based on the distribution chart, Thal ranks #1084 out of 1324 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Thal has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thal's Operating Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thal ranks #1084 out of 1324 companies for Operating Margin %. This places Thal in the lower half of its industry. The industry median Operating Margin % is 4.87. Thal's value of 0.91% is 81.3% below this benchmark. While the company's 10-year median is 7.63 vs. the industry median of 4.87, Thal has consistently been below 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.87, based on 1,324 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. Thal's current Operating Margin % of 0.91% is 81.3% below 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 Thal and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thal's current Operating Margin % is 0.91%, which is 88% below median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thal stock overvalued right now?
Based on GuruFocus' analysis, Thal (KAR:THALL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨530.43, compared to a current price of ₨617.65 — trading 16.4% above its estimated fair value. The current Operating Margin % is 0.91%, which is 88% below median its 10-year median of 7.63 and 81.3% below the Vehicles & Parts industry median of 4.87. Thal's overall GF Score™ is 79/100 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 Thal (KAR:THALL), the current Operating Margin % is 0.91% 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.

Is Thal (KAR:THALL) Overvalued in 2026?

Based on GuruFocus' analysis, Thal stock appears to be overvalued. The current stock price of ₨617.65 is trading 16.4% above its estimated GF Value™ of ₨530.43. GuruFocus considers Thal to be Modestly Overvalued.

Key valuation signals for KAR:THALL:

  • Operating Margin %: 0.91% (88% below median its 10-year median of 7.63)
  • GF Value™: ₨530.43 vs. price of ₨617.65 (16.4% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 81.3% below the Vehicles & Parts median (#1084 of 1324)

No single metric tells the full story. See the KAR:THALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thal Business Description

Address Plot 3, Jinnah Cooperative Housing Society, 4th Floor, House of Habib, Block 7/8, Shahrah-e-Faisal, Karachi, PAK, 75350
Thal Ltd is a diversified industrial manufacturer operating in engineering, packaging, and laminate sheets. Its engineering segment produces automotive parts, including air-conditioners, radiators, wire harnesses, and engine components. The packaging segment offers jute goods, paper sacks, woven polypropylene packaging, and laminate sheets for various industries. The company's operations span multiple cities in Pakistan and include export activities to many countries. It also has interests in energy through coal mining and power generation ventures. The Company's operating businesses are categorized under two segments, namely the Engineering segment and the Building Material & Allied Products segment. The majority of revenue comes from the Engineering segment.
79GF Score

Get the complete analysis for KAR:THALL

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

₨617.65
Price
₨530.43
GF Value