Adani Ports & Special Economic Zone (NSE:ADANIPORTS) Operating Margin %: 41.03% (As of Mar. 2026) — 13% Below Median


NSE:ADANIPORTS Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
92 GF Score
Price ₹1,810.20
GF Value ₹1,697.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Adani Ports & Special Economic Zone Operating Margin %?

Adani Ports & Special Economic Zone NSE:ADANIPORTS +1.92% 92 Operating Margin % is 41.03% as of Mar. 2026, which is 13% below its 10-year median of 47.00. GuruFocus rates NSE:ADANIPORTS with a GF Score™ of 92/100 and a GF Value™ of ₹1,697.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 999 Transportation companies, Adani Ports & Special Economic Zone ranks better than 97.1% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Adani Ports & Special Economic Zone's Operating Income for the three months ended in Mar. 2026 was ₹44,051 Mil. Adani Ports & Special Economic Zone's Revenue for the three months ended in Mar. 2026 was ₹107,376 Mil. Therefore, Adani Ports & Special Economic Zone's Operating Margin % for the quarter that ended in Mar. 2026 was 41.03%.

The historical rank and industry rank for Adani Ports & Special Economic Zone's Operating Margin % or its related term are showing as below:

NSE:ADANIPORTS' s Operating Margin % Range Over the Past 10 Years
Min: 43.85   Med: 47   Max: 55.03
Current: 44.75


NSE:ADANIPORTS's Operating Margin % is ranked better than
97.1% of 999 companies
in the Transportation industry
Industry Median: 7.32 vs NSE:ADANIPORTS: 44.75

Adani Ports & Special Economic Zone's 5-Year Average Operating Margin % Growth Rate was -0.40% per year.

Adani Ports & Special Economic Zone's Operating Income for the three months ended in Mar. 2026 was ₹44,051 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹173,340 Mil.


Adani Ports & Special Economic Zone  (NSE:ADANIPORTS) 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.


Adani Ports & Special Economic Zone Operating Margin % Related Terms


Adani Ports & Special Economic Zone Operating Margin % Historical Data

* Premium members only.

The historical data trend for Adani Ports & Special Economic Zone'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.

Adani Ports & Special Economic Zone Operating Margin % Chart

Adani Ports & Special Economic Zone 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 43.85 45.62 45.50 46.32 45.05

Adani Ports & Special Economic Zone 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 45.02 46.46 46.76 45.36 41.03

Adani Ports & Special Economic Zone Operating Margin % Competitor Comparison

For the Marine Shipping subindustry, Adani Ports & Special Economic Zone'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 Ports & Special Economic Zone Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Adani Ports & Special Economic Zone's Operating Margin % falls into.


NSE:ADANIPORTS
92GF Score
Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Ports & Special Economic Zone 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 Ports & Special Economic Zone'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 )
=174508.2 / 387357.7
=45.05 %

Adani Ports & Special Economic Zone'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 )
=44051.4 / 107375.8
=41.03 %

* 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 41.03% mean?
Adani Ports & Special Economic Zone (NSE:ADANIPORTS) has a Operating Margin % of 41.03% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Adani Ports & Special Economic Zone and its competitors. This is 13% below median its historical median of 47.00. Over the past decade, Adani Ports & Special Economic Zone's Operating Margin % has ranged from 43.85 to 55.03. According to the industry distribution chart, Adani Ports & Special Economic Zone ranks #29 out of 999 companies in the Transportation industry, placing it in the top 2.9%.
Is Adani Ports & Special Economic Zone's Operating Margin % too high?
Adani Ports & Special Economic Zone's current Operating Margin % of 41.03% is 13% below median its 10-year median of 47.00. Over the past 10 years, this metric has ranged from a low of 43.85 to a high of 55.03. The Transportation industry median Operating Margin % is 7.32. Adani Ports & Special Economic Zone's value of 41.03% is 460.5% above this industry median. Based on the distribution chart, Adani Ports & Special Economic Zone ranks #29 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Adani Ports & Special Economic Zone has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Ports & Special Economic Zone's Operating Margin % compare to competitors?
According to the Transportation industry distribution chart, Adani Ports & Special Economic Zone ranks #29 out of 999 companies for Operating Margin %. This places Adani Ports & Special Economic Zone in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.32. Adani Ports & Special Economic Zone's value of 41.03% is 460.5% above this benchmark. Historically, Adani Ports & Special Economic Zone's own Operating Margin % has ranged from 43.85 to 55.03 over the past decade. While the company's 10-year median is 47.00 vs. the industry median of 7.32, Adani Ports & Special Economic Zone 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.32, based on 999 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 Ports & Special Economic Zone's current Operating Margin % of 41.03% is 460.5% 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 Ports & Special Economic Zone and its competitors. For the Transportation industry, the median Operating Margin % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Ports & Special Economic Zone's current Operating Margin % is 41.03%, which is 13% below median its own 10-year median of 47.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Ports & Special Economic Zone stock overvalued right now?
Based on GuruFocus' analysis, Adani Ports & Special Economic Zone (NSE:ADANIPORTS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,697.77, compared to a current price of ₹1,810.20 — trading 6.6% above its estimated fair value. The current Operating Margin % is 41.03%, which is 13% below median its 10-year median of 47.00 and 460.5% above the Transportation industry median of 7.32. Adani Ports & Special Economic Zone's overall GF Score™ is 92/100 with 5 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 Ports & Special Economic Zone (NSE:ADANIPORTS), the current Operating Margin % is 41.03% 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 Ports & Special Economic Zone (NSE:ADANIPORTS) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Ports & Special Economic Zone stock appears to be overvalued. The current stock price of ₹1,810.20 is trading 6.6% above its estimated GF Value™ of ₹1,697.77. GuruFocus considers Adani Ports & Special Economic Zone to be Fairly Valued.

Key valuation signals for NSE:ADANIPORTS:

  • Operating Margin %: 41.03% (13% below median its 10-year median of 47.00)
  • GF Value™: ₹1,697.77 vs. price of ₹1,810.20 (6.6% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 460.5% above the Transportation median (#29 of 999)

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


Adani Ports & Special Economic Zone Business Description

Other Exchanges 532921:India
Address S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Near Vaishno Devi Circle, Ahmedabad, GJ, IND, 382421
Adani Ports & Special Economic Zone Ltd is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. The Company is mainly engaged in one business segment, namely developing, operating and maintaining the ports services, ports related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company has presence in India and Outside India. The company generates majority of revenue from India.
92GF Score

Get the complete analysis for NSE:ADANIPORTS

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

₹1,810.20
Price
₹1,697.77
GF Value