Aditya Birla Fashion and Retail (NSE:ABFRL) Operating Margin %: -7.63% (As of Mar. 2026)


NSE:ABFRL Aditya Birla Fashion and Retail Ltd NSE:ABFRL
69 GF Score
Price ₹59.53
GF Value ₹78.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aditya Birla Fashion and Retail Operating Margin %?

Aditya Birla Fashion and Retail NSE:ABFRL -1.96% 69 Operating Margin % is -7.63% as of Mar. 2026. GuruFocus rates NSE:ABFRL with a GF Score™ of 69/100 and a GF Value™ of ₹78.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Aditya Birla Fashion and Retail ranks worse than 83.89% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aditya Birla Fashion and Retail's Operating Income for the three months ended in Mar. 2026 was ₹-1,518 Mil. Aditya Birla Fashion and Retail's Revenue for the three months ended in Mar. 2026 was ₹19,901 Mil. Therefore, Aditya Birla Fashion and Retail's Operating Margin % for the quarter that ended in Mar. 2026 was -7.63%.

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

NSE:ABFRL' s Operating Margin % Range Over the Past 10 Years
Min: -9.65   Med: 2.3   Max: 4.31
Current: -7.98


NSE:ABFRL's Operating Margin % is ranked worse than
83.89% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08 vs NSE:ABFRL: -7.98

Aditya Birla Fashion and Retail's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Aditya Birla Fashion and Retail's Operating Income for the three months ended in Mar. 2026 was ₹-1,518 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-6,529 Mil.


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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.


Aditya Birla Fashion and Retail Operating Margin % Related Terms


Aditya Birla Fashion and Retail Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail Operating Margin % Chart

Aditya Birla Fashion and Retail Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.73 -9.65 -6.66 -7.98

Aditya Birla Fashion and Retail 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 -6.38 -11.13 -12.94 -1.72 -7.63

NSE:ABFRL vs RL, LEVI, VFC: Operating Margin % Comparison

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.


Aditya Birla Fashion and Retail Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aditya Birla Fashion and Retail's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Aditya Birla Fashion and Retail's Operating Margin % falls into.


NSE:ABFRL
69GF Score
Aditya Birla Fashion and Retail Ltd NSE:ABFRL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aditya Birla Fashion and Retail 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.

Aditya Birla Fashion and Retail'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 )
=-6528.7 / 81769.2
=-7.98 %

Aditya Birla Fashion and Retail'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 )
=-1517.9 / 19901.3
=-7.63 %

* 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 -7.63% mean?
Aditya Birla Fashion and Retail (NSE:ABFRL) has a Operating Margin % of -7.63% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Aditya Birla Fashion and Retail and its competitors. According to the industry distribution chart, Aditya Birla Fashion and Retail ranks #875 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.9%.
Is Aditya Birla Fashion and Retail's Operating Margin % too high?
Aditya Birla Fashion and Retail's current Operating Margin % is -7.63%. Based on the distribution chart, Aditya Birla Fashion and Retail ranks #875 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Aditya Birla Fashion and Retail has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aditya Birla Fashion and Retail's Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aditya Birla Fashion and Retail ranks #875 out of 1043 companies for Operating Margin %. This places Aditya Birla Fashion and Retail in the lower half of its industry. The industry median Operating Margin % is 4.08. 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,043 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. 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 Aditya Birla Fashion and Retail and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aditya Birla Fashion and Retail's current Operating Margin % is -7.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aditya Birla Fashion and Retail stock overvalued right now?
Based on GuruFocus' analysis, Aditya Birla Fashion and Retail (NSE:ABFRL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹78.00, compared to a current price of ₹59.53 — trading 23.7% below its estimated fair value. The current Operating Margin % is -7.63%. Aditya Birla Fashion and Retail's overall GF Score™ is 69/100 with 3 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 Aditya Birla Fashion and Retail (NSE:ABFRL), the current Operating Margin % is -7.63% 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 Aditya Birla Fashion and Retail (NSE:ABFRL) Overvalued in 2026?

Based on GuruFocus' analysis, Aditya Birla Fashion and Retail stock appears to be undervalued. The current stock price of ₹59.53 is trading 23.7% below its estimated GF Value™ of ₹78.00. GuruFocus considers Aditya Birla Fashion and Retail to be Modestly Undervalued.

Key valuation signals for NSE:ABFRL:

  • Operating Margin %: -7.63%
  • GF Value™: ₹78.00 vs. price of ₹59.53 (23.7% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Aditya Birla Fashion and Retail Business Description

Other Exchanges 535755:India
Address HAL Old Airport Road, KH No 118/110/1, Building2 Divyashree Technopolis, PYemalur Post, Bengaluru, KA, IND, 560 037
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are: Ethnic & Others that Manufacturing, distribution and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.
69GF Score

Get the complete analysis for NSE:ABFRL

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

₹59.53
Price
₹78.00
GF Value