Solve Plastic Products (NSE:BALCO) Operating Margin %: 3.51% (As of Sep. 2025) — 824% Above Median

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
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What is Solve Plastic Products Operating Margin %?

Solve Plastic Products NSE:BALCO 7 Operating Margin % is 3.51% as of Sep. 2025, which is 824% above its 10-year median of 0.38. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 3,035 Industrial Products companies, Solve Plastic Products ranks worse than 85.21% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Solve Plastic Products's Operating Income for the six months ended in Sep. 2025 was ₹7.7 Mil. Solve Plastic Products's Revenue for the six months ended in Sep. 2025 was ₹218.3 Mil. Therefore, Solve Plastic Products's Operating Margin % for the quarter that ended in Sep. 2025 was 3.51%.

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

NSE:BALCO' s Operating Margin % Range Over the Past 10 Years
Min: -11.83   Med: 0.38   Max: 4.31
Current: -6.54


NSE:BALCO's Operating Margin % is ranked worse than
85.21% of 3035 companies
in the Industrial Products industry
Industry Median: 6.51 vs NSE:BALCO: -6.54

Solve Plastic Products's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Solve Plastic Products's Operating Income for the six months ended in Sep. 2025 was ₹7.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-28.2 Mil.


Solve Plastic Products  (NSE:BALCO) 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.


Solve Plastic Products Operating Margin % Related Terms


Solve Plastic Products Operating Margin % Historical Data

* Premium members only.

The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Operating Margin % Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Operating Margin %
0.13 0.38 1.89 4.31 -11.83

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Operating Margin % Get a 7-Day Free Trial 2.41 6.28 -6.54 -16.80 3.51

NSE:BALCO vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Operating Margin % falls into.


NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products 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.

Solve Plastic Products'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 )
=-49.043 / 414.603
=-11.83 %

Solve Plastic Products'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 )
=7.667 / 218.259
=3.51 %

* 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 3.51% mean?
Solve Plastic Products (NSE:BALCO) has a Operating Margin % of 3.51% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Solve Plastic Products and its competitors. This is 824% above median its historical median of 0.38. According to the industry distribution chart, Solve Plastic Products ranks #2586 out of 3035 companies in the Industrial Products industry, placing it in the top 85.2%.
Is Solve Plastic Products' Operating Margin % too high?
Solve Plastic Products' current Operating Margin % of 3.51% is 824% above median its 10-year median of 0.38. The Industrial Products industry median Operating Margin % is 6.51. Solve Plastic Products' value of 3.51% is 46.1% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #2586 out of 3035 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #2586 out of 3035 companies for Operating Margin %. This places Solve Plastic Products in the lower half of its industry. The industry median Operating Margin % is 6.51. Solve Plastic Products' value of 3.51% is 46.1% below this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 6.51, Solve Plastic Products 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.51, based on 3,035 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. Solve Plastic Products's current Operating Margin % of 3.51% is 46.1% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Operating Margin % is 3.51%, which is 824% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Operating Margin % of 3.51%. The current Operating Margin % is 3.51%, which is 824% above median its 10-year median of 0.38 and 46.1% below the Industrial Products industry median of 6.51. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current Operating Margin % is 3.51% 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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