Indus Gas (LSE:INDI) Operating Margin %: 48.37% (As of Sep. 2025) — 44% Below Median


What is Indus Gas Operating Margin %?

Indus Gas LSE:INDI -32.00% Operating Margin % is 48.37% as of Sep. 2025, which is 44% below its 10-year median of 86.20. The stock has 6 warning signs investors should review.

Operating Margin % is calculated as Operating Income divided by its Revenue. Indus Gas's Operating Income for the six months ended in Sep. 2025 was £1.43 Mil. Indus Gas's Revenue for the six months ended in Sep. 2025 was £2.95 Mil. Therefore, Indus Gas's Operating Margin % for the quarter that ended in Sep. 2025 was 48.37%.

Warning Sign:

Indus Gas Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.1%.

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

LSE:INDI' s Operating Margin % Range Over the Past 10 Years
Min: 72.71   Med: 86.2   Max: 92.08
Current: 86.87


LSE:INDI's Operating Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 6.86 vs LSE:INDI: 86.87

Indus Gas's 5-Year Average Operating Margin % Growth Rate was -1.10% per year.

Indus Gas's Operating Income for the six months ended in Sep. 2025 was £1.43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was £20.89 Mil.


Indus Gas  (LSE:INDI) 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.


Indus Gas Operating Margin % Related Terms


Indus Gas Operating Margin % Historical Data

* Premium members only.

The historical data trend for Indus Gas'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.

Indus Gas Operating Margin % Chart

Indus Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.66 85.53 86.87 85.15 88.97

Indus Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 86.37 83.25 53.20 92.03 48.37

LSE:INDI vs COP, EOG, FANG: Operating Margin % Comparison

For the Oil & Gas E&P subindustry, Indus Gas'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.


Indus Gas Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's Operating Margin % distribution charts can be found below:

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



Indus Gas 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.

Indus Gas's Operating Margin % for the fiscal year that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=20.42 / 22.951
=88.97 %

Indus Gas's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=1.427 / 2.95
=48.37 %

* 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 48.37% mean?
Indus Gas (LSE:INDI) has a Operating Margin % of 48.37% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Indus Gas and its competitors. This is 44% below median its historical median of 86.20. Over the past decade, Indus Gas' Operating Margin % has ranged from 72.71 to 92.08.
Is Indus Gas' Operating Margin % too high?
Indus Gas' current Operating Margin % of 48.37% is 44% below median its 10-year median of 86.20. Over the past 10 years, this metric has ranged from a low of 72.71 to a high of 92.08. The Oil & Gas industry median Operating Margin % is 6.86. Indus Gas' value of 48.37% is 605.1% above this industry median.
How does Indus Gas' Operating Margin % compare to COP and EOG?
Indus Gas' Operating Margin % of 48.37% can be compared against companies in the Oil & Gas industry. The industry median Operating Margin % is 6.86. Indus Gas' value of 48.37% is 605.1% above this benchmark. Historically, Indus Gas' own Operating Margin % has ranged from 72.71 to 92.08 over the past decade. While the company's 10-year median is 86.20 vs. the industry median of 6.86, Indus Gas 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 Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. Indus Gas's current Operating Margin % of 48.37% is 605.1% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Operating Margin % is 48.37%, which is 44% below median its own 10-year median of 86.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Operating Margin % of 48.37%. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Operating Margin % is 48.37%, which is 44% below median its 10-year median of 86.20 and 605.1% above the Oil & Gas industry median of 6.86. 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 Indus Gas (LSE:INDI), the current Operating Margin % is 48.37% as of Sep. 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.

Indus Gas Business Description

Industry EnergyOil & Gas
Address Saint Martins House, PO Box 112, Le Bordage, Saint Peter Port, GGY, GY1 4EA
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.