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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.
AVSL Industries Operating Margin % Related Terms
AVSL Industries Operating Margin % Historical Data
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The historical data trend for AVSL Industries'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:AVSL vs HON, MMM: Operating Margin % Comparison
For the Conglomerates subindustry, AVSL Industries'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.
AVSL Industries Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, AVSL Industries's Operating Margin % distribution charts can be found below:
* The bar in red indicates where AVSL Industries's Operating Margin % falls into.
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.
AVSL Industries'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.
AVSL Industries (NSE:AVSL) has a Operating Margin % of 3.98% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AVSL Industries and its competitors. This is near median its historical median of 3.82. Over the past decade, AVSL Industries' Operating Margin % has ranged from 0.02 to 8.31.
Is AVSL Industries' Operating Margin % too high?
AVSL Industries' current Operating Margin % of 3.98% is near median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 8.31. The Conglomerates industry median Operating Margin % is 5.79. AVSL Industries' value of 3.98% is 31.3% below this industry median. Overall, AVSL Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does AVSL Industries' Operating Margin % compare to HON and MMM?
AVSL Industries' Operating Margin % of 3.98% can be compared against companies in the Conglomerates industry. The industry median Operating Margin % is 5.79. AVSL Industries' value of 3.98% is 31.3% below this benchmark. Historically, AVSL Industries' own Operating Margin % has ranged from 0.02 to 8.31 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 5.79, AVSL Industries 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.79, based on 537 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. AVSL Industries's current Operating Margin % of 3.98% is 31.3% 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 AVSL Industries and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVSL Industries's current Operating Margin % is 3.98%, which is near median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVSL Industries stock overvalued right now?
AVSL Industries (NSE:AVSL) has a current Operating Margin % of 3.98%. The stock's GF Value™ is ₹166.39, compared to a current price of ₹119.70 — trading 28.1% below its estimated fair value. The current Operating Margin % is 3.98%, which is near median its 10-year median of 3.82 and 31.3% below the Conglomerates industry median of 5.79. AVSL Industries' overall GF Score™ is 71/100 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 AVSL Industries (NSE:AVSL), the current Operating Margin % is 3.98% 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 AVSL Industries (NSE:AVSL) Overvalued in 2026?
Based on GuruFocus' analysis, AVSL Industries stock appears to be undervalued.
The current stock price of ₹119.70 is trading 28.1% below its estimated GF Value™ of ₹166.39.
Key valuation signals for NSE:AVSL:
Operating Margin %: 3.98% (near median its 10-year median of 3.82)
GF Value™: ₹166.39 vs. price of ₹119.70 (28.1% below fair value)
Industry Position: 31.3% below the Conglomerates median
No single metric tells the full story. See the NSE:AVSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVSL Industries Ltd is engaged in the manufacturing and trading of PVC and Agriproducts. Its PVC products include PVC Compound, HDPE/LDPE Compound, PVC Filler, and HDPE/LDPE Tape, Polyester Tape and similar product, Aluminium Mylar tape, Marking tapes (used in cable wires as well as irrigation pipes) and others. The Company segment divided into three categories: Industrial Intermediate Goods - Raw Material for HT-LT Power Cable and Telecom Cables and irrigation products; Consumer Goods- Manufacturing of PVC/PP: Foam Board and Doors Frame and Others includes Agro commodities.
71GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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