Adani Energy SolutionsNSE:ADANIENSOL +0.80%86 Operating Margin % is 22.00% as of Mar. 2026, which is 19% below its 10-year median of 27.23. GuruFocus rates NSE:ADANIENSOL with a GF Score™ of 86/100 and a GF Value™ of ₹1,416.68 (Fairly Valued). The stock has 9 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Adani Energy Solutions ranks better than 72.9% on this metric.
Adani Energy Solutions Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Adani Energy Solutions's Operating Margin % or its related term are showing as below:
NSE:ADANIENSOL'
s Operating Margin % Range Over the Past 10 Years
Min: 22.48 Med: 27.23 Max: 56.96
Current: 25.76
NSE:ADANIENSOL's Operating Margin % is ranked better than 72.9% of 417
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.47
vs NSE:ADANIENSOL: 25.76
Adani Energy Solutions's 5-Year Average Operating Margin % Growth Rate was 0.50% per year.
Adani Energy Solutions (NSE:ADANIENSOL) 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 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.
Adani Energy Solutions Operating Margin % Related Terms
Adani Energy Solutions Operating Margin % Historical Data
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The historical data trend for Adani Energy Solutions'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.
NSE:ADANIENSOL vs CEG, VST, NRG: Operating Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.
Adani Energy Solutions Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Energy Solutions's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Adani Energy Solutions's Operating Margin % falls into.
Adani Energy Solutions 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.
Adani Energy Solutions's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Adani Energy Solutions (NSE:ADANIENSOL) has a Operating Margin % of 22.00% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Adani Energy Solutions and its competitors. This is 19% below median its historical median of 27.23. Over the past decade, Adani Energy Solutions' Operating Margin % has ranged from 22.48 to 56.96. According to the industry distribution chart, Adani Energy Solutions ranks #113 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 27.1%.
Is Adani Energy Solutions' Operating Margin % too high?
Adani Energy Solutions' current Operating Margin % of 22.00% is 19% below median its 10-year median of 27.23. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 56.96. The Utilities - Independent Power Producers industry median Operating Margin % is 13.47. Adani Energy Solutions' value of 22.00% is 63.3% above this industry median. Based on the distribution chart, Adani Energy Solutions ranks #113 out of 417 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Adani Energy Solutions has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Energy Solutions' Operating Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Energy Solutions ranks #113 out of 417 companies for Operating Margin %. This puts Adani Energy Solutions in the upper half of its industry. The industry median Operating Margin % is 13.47. Adani Energy Solutions' value of 22.00% is 63.3% above this benchmark. Historically, Adani Energy Solutions' own Operating Margin % has ranged from 22.48 to 56.96 over the past decade. While the company's 10-year median is 27.23 vs. the industry median of 13.47, Adani Energy Solutions 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 Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.47, based on 417 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. Adani Energy Solutions's current Operating Margin % of 22.00% is 63.3% 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 Adani Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Energy Solutions's current Operating Margin % is 22.00%, which is 19% below median its own 10-year median of 27.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Adani Energy Solutions (NSE:ADANIENSOL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,416.68, compared to a current price of ₹1,507.80 — trading 6.4% above its estimated fair value. The current Operating Margin % is 22.00%, which is 19% below median its 10-year median of 27.23 and 63.3% above the Utilities - Independent Power Producers industry median of 13.47. Adani Energy Solutions' overall GF Score™ is 86/100 with 9 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 Adani Energy Solutions (NSE:ADANIENSOL), the current Operating Margin % is 22.00% 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 Adani Energy Solutions (NSE:ADANIENSOL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Energy Solutions stock appears to be overvalued.
The current stock price of ₹1,507.80 is trading 6.4% above its estimated GF Value™ of ₹1,416.68.
GuruFocus considers Adani Energy Solutions to be Fairly Valued.
Key valuation signals for NSE:ADANIENSOL:
Operating Margin %: 22.00% (19% below median its 10-year median of 27.23)
GF Value™: ₹1,416.68 vs. price of ₹1,507.80 (6.4% above fair value)
Industry Position: 63.3% above the Utilities - Independent Power Producers median (#113 of 417)
No single metric tells the full story. See the NSE:ADANIENSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Energy Solutions Ltd operates in India and deals in the trading of various bullions and other commodities. It has entered into business opportunities through Optical Ground Wire (OPGW) fibres on transmission lines with the ambition of expanding its telecom solutions to Telcos, Internet Service Providers, and long-distance communication operators. The commercialization of the network is carried out through leasing spare capacities to communication players. It also offers utility services related to telecommunications and fibre connectivity, and business operations include the construction and development of transmission infrastructure assets. It operates through the Transmission, Distribution, Smart Meter, Trading, and Others segments, with Distribution generating the maximum revenue.
86GF Score
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