Bharat BijleeNSE:BBL +0.34%90 Operating Margin % is 6.39% as of Mar. 2026, which is 6% above its 10-year median of 6.04. GuruFocus rates NSE:BBL with a GF Score™ of 90/100 and a GF Value™ of ₹3,611.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, Bharat Bijlee ranks worse than 52.57% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Bharat Bijlee's Operating Income for the
three
months ended in Mar. 2026 was ₹490 Mil. Bharat Bijlee's Revenue for the
three
months ended in Mar. 2026 was ₹7,671 Mil. Therefore, Bharat Bijlee's Operating Margin % for the quarter that ended in Mar. 2026 was 6.39%.
Good Sign:
Bharat Bijlee Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Bharat Bijlee's Operating Margin % or its related term are showing as below:
NSE:BBL'
s Operating Margin % Range Over the Past 10 Years
Min: 1.62 Med: 6.04 Max: 8.67
Current: 5.99
NSE:BBL's Operating Margin % is ranked worse than 52.57% of 3038
companies
in the Industrial Products industry
Industry Median: 6.53
vs NSE:BBL: 5.99
Bharat Bijlee's 5-Year Average Operating Margin % Growth Rate was 8.40% per year.
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.
Bharat Bijlee Operating Margin % Related Terms
Bharat Bijlee Operating Margin % Historical Data
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The historical data trend for Bharat Bijlee'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.
For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.
Bharat Bijlee Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bharat Bijlee's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bharat Bijlee'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.
Bharat Bijlee'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.
Bharat Bijlee (NSE:BBL) has a Operating Margin % of 6.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bharat Bijlee and its competitors. This is near median its historical median of 6.04. Over the past decade, Bharat Bijlee's Operating Margin % has ranged from 1.62 to 8.67. According to the industry distribution chart, Bharat Bijlee ranks #1597 out of 3038 companies in the Industrial Products industry, placing it in the top 52.6%.
Is Bharat Bijlee's Operating Margin % too high?
Bharat Bijlee's current Operating Margin % of 6.39% is near median its 10-year median of 6.04. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 8.67. The Industrial Products industry median Operating Margin % is 6.53. Bharat Bijlee's value of 6.39% is 2.1% below this industry median. Based on the distribution chart, Bharat Bijlee ranks #1597 out of 3038 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bharat Bijlee has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Bijlee's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bharat Bijlee ranks #1597 out of 3038 companies for Operating Margin %. This places Bharat Bijlee in the lower half of its industry. The industry median Operating Margin % is 6.53. Bharat Bijlee's value of 6.39% is 2.1% below this benchmark. Historically, Bharat Bijlee's own Operating Margin % has ranged from 1.62 to 8.67 over the past decade. While the company's 10-year median is 6.04 vs. the industry median of 6.53, Bharat Bijlee 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 6.53, based on 3,038 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. Bharat Bijlee's current Operating Margin % of 6.39% is 2.1% 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 Bharat Bijlee and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Bijlee's current Operating Margin % is 6.39%, which is near median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Bijlee stock overvalued right now?
Based on GuruFocus' analysis, Bharat Bijlee (NSE:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,611.83, compared to a current price of ₹2,909.40 — trading 19.4% below its estimated fair value. The current Operating Margin % is 6.39%, which is near median its 10-year median of 6.04 and 2.1% below the Industrial Products industry median of 6.53. Bharat Bijlee's overall GF Score™ is 90/100 with 6 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 Bharat Bijlee (NSE:BBL), the current Operating Margin % is 6.39% 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 Bharat Bijlee (NSE:BBL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Bijlee stock appears to be undervalued.
The current stock price of ₹2,909.40 is trading 19.4% below its estimated GF Value™ of ₹3,611.83.
GuruFocus considers Bharat Bijlee to be Modestly Undervalued.
Key valuation signals for NSE:BBL:
Operating Margin %: 6.39% (near median its 10-year median of 6.04)
GF Value™: ₹3,611.83 vs. price of ₹2,909.40 (19.4% below fair value)
Industry Position: 2.1% below the Industrial Products median (#1597 of 3038)
No single metric tells the full story. See the NSE:BBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating business segments include Power Systems and Industrial Systems. The Power Systems segment, which generates maximum revenue, comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations, including delivery, rectification, commissioning, and servicing of transformers, and marketing of maintenance products. The Industrial systems segment comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically, it has a presence in India and Outside India, of which a majority of its revenue is derived from India.
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