BLB (NSE:BLBLIMITED) Operating Margin %: 10.28% (As of Mar. 2026) — 673% Above Median


NSE:BLBLIMITED BLB Ltd NSE:BLBLIMITED
73 GF Score
Price ₹14.65
GF Value ₹32.97
Valuation Significantly Undervalued
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What is BLB Operating Margin %?

BLB NSE:BLBLIMITED -1.48% 73 Operating Margin % is 10.28% as of Mar. 2026, which is 673% above its 10-year median of 1.33. GuruFocus rates NSE:BLBLIMITED with a GF Score™ of 73/100 and a GF Value™ of ₹32.97 (Significantly Undervalued). Among 667 Capital Markets companies, BLB ranks worse than 51.57% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. BLB's Operating Income for the three months ended in Mar. 2026 was ₹74 Mil. BLB's Revenue for the three months ended in Mar. 2026 was ₹716 Mil. Therefore, BLB's Operating Margin % for the quarter that ended in Mar. 2026 was 10.28%.

Good Sign:

BLB Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:BLBLIMITED' s Operating Margin % Range Over the Past 10 Years
Min: -4.6   Med: 1.33   Max: 5.87
Current: 5.87


NSE:BLBLIMITED's Operating Margin % is ranked worse than
51.57% of 667 companies
in the Capital Markets industry
Industry Median: 7.13 vs NSE:BLBLIMITED: 5.87

BLB's 5-Year Average Operating Margin % Growth Rate was 24.30% per year.

BLB's Operating Income for the three months ended in Mar. 2026 was ₹74 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹437 Mil.


BLB  (NSE:BLBLIMITED) 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.


BLB Operating Margin % Related Terms


BLB Operating Margin % Historical Data

* Premium members only.

The historical data trend for BLB'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.

BLB Operating Margin % Chart

BLB 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 3.01 2.65 1.08 1.18 5.87

BLB 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 -6.21 26.18 2.89 4.25 10.28

NSE:BLBLIMITED vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, BLB'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.


BLB Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BLB's Operating Margin % distribution charts can be found below:

* The bar in red indicates where BLB's Operating Margin % falls into.


NSE:BLBLIMITED
73GF Score
BLB Ltd NSE:BLBLIMITED
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BLB 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.

BLB'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 )
=437 / 7440.1
=5.87 %

BLB'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 )
=73.6 / 716.1
=10.28 %

* 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 10.28% mean?
BLB (NSE:BLBLIMITED) has a Operating Margin % of 10.28% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on BLB and its competitors. This is 673% above median its historical median of 1.33. According to the industry distribution chart, BLB ranks #344 out of 667 companies in the Capital Markets industry, placing it in the top 51.6%.
Is BLB's Operating Margin % too high?
BLB's current Operating Margin % of 10.28% is 673% above median its 10-year median of 1.33. The Capital Markets industry median Operating Margin % is 7.13. BLB's value of 10.28% is 44.2% above this industry median. Based on the distribution chart, BLB ranks #344 out of 667 companies in the Capital Markets industry, which is below the industry midpoint. Overall, BLB has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BLB's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, BLB ranks #344 out of 667 companies for Operating Margin %. This places BLB in the lower half of its industry. The industry median Operating Margin % is 7.13. BLB's value of 10.28% is 44.2% above this benchmark. While the company's 10-year median is 1.33 vs. the industry median of 7.13, BLB 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.13, based on 667 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. BLB's current Operating Margin % of 10.28% is 44.2% 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 BLB and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLB's current Operating Margin % is 10.28%, which is 673% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLB stock overvalued right now?
Based on GuruFocus' analysis, BLB (NSE:BLBLIMITED) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹32.97, compared to a current price of ₹14.65 — trading 55.6% below its estimated fair value. The current Operating Margin % is 10.28%, which is 673% above median its 10-year median of 1.33 and 44.2% above the Capital Markets industry median of 7.13. BLB's overall GF Score™ is 73/100. 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 BLB (NSE:BLBLIMITED), the current Operating Margin % is 10.28% 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 BLB (NSE:BLBLIMITED) Overvalued in 2026?

Based on GuruFocus' analysis, BLB stock appears to be undervalued. The current stock price of ₹14.65 is trading 55.6% below its estimated GF Value™ of ₹32.97. GuruFocus considers BLB to be Significantly Undervalued.

Key valuation signals for NSE:BLBLIMITED:

  • Operating Margin %: 10.28% (673% above median its 10-year median of 1.33)
  • GF Value™: ₹32.97 vs. price of ₹14.65 (55.6% below fair value)
  • GF Score™: 73/100
  • Industry Position: 44.2% above the Capital Markets median (#344 of 667)

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


BLB Business Description

Other Exchanges 532290:India
Address Ansari Road, House No. 4760-61/23, 3rd Floor, Darya Ganj, New Delhi, IND, 110 002
BLB Ltd is an Indian company which is engaged in dealing in shares, securities, and derivatives. It provides liquidity services and other financial services.
73GF Score

Get the complete analysis for NSE:BLBLIMITED

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

₹14.65
Price
₹32.97
GF Value