Clay Craft India (NSE:CLAYCRAFT) Operating Margin %: 20.17% (As of Mar. 2026) — Near Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CLAYCRAFT Clay Craft India Ltd NSE:CLAYCRAFT
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What is Clay Craft India Operating Margin %?

Clay Craft India NSE:CLAYCRAFT +2.72% 20 Operating Margin % is 20.17% as of Mar. 2026, which is 0% below its 10-year median of 20.27. GuruFocus rates NSE:CLAYCRAFT with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Clay Craft India ranks better than 95.82% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Clay Craft India's Operating Income for the six months ended in Mar. 2026 was ₹357 Mil. Clay Craft India's Revenue for the six months ended in Mar. 2026 was ₹1,772 Mil. Therefore, Clay Craft India's Operating Margin % for the quarter that ended in Mar. 2026 was 20.17%.

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

NSE:CLAYCRAFT' s Operating Margin % Range Over the Past 10 Years
Min: 16.04   Med: 20.27   Max: 20.47
Current: 20.17


NSE:CLAYCRAFT's Operating Margin % is ranked better than
95.82% of 431 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs NSE:CLAYCRAFT: 20.17

Clay Craft India's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Clay Craft India's Operating Income for the six months ended in Mar. 2026 was ₹357 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹357 Mil.


Clay Craft India  (NSE:CLAYCRAFT) 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.


Clay Craft India Operating Margin % Related Terms


Clay Craft India Operating Margin % Historical Data

* Premium members only.

The historical data trend for Clay Craft India'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.

Clay Craft India Operating Margin % Chart

Clay Craft India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Operating Margin %
20.37 16.04 20.47 20.17

Clay Craft India Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Operating Margin % 20.37 16.04 20.47 20.17

NSE:CLAYCRAFT vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Clay Craft India'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.


Clay Craft India Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Clay Craft India's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Clay Craft India's Operating Margin % falls into.


NSE:CLAYCRAFT
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Clay Craft India Ltd NSE:CLAYCRAFT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clay Craft India 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.

Clay Craft India'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 )
=357.327 / 1771.62
=20.17 %

Clay Craft India'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 )
=357.327 / 1771.62
=20.17 %

* 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 20.17% mean?
Clay Craft India (NSE:CLAYCRAFT) has a Operating Margin % of 20.17% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Clay Craft India and its competitors. This is near median its historical median of 20.27. Over the past decade, Clay Craft India's Operating Margin % has ranged from 16.04 to 20.47. According to the industry distribution chart, Clay Craft India ranks #18 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.2%.
Is Clay Craft India's Operating Margin % too high?
Clay Craft India's current Operating Margin % of 20.17% is near median its 10-year median of 20.27. Over the past 10 years, this metric has ranged from a low of 16.04 to a high of 20.47. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Clay Craft India's value of 20.17% is 432.2% above this industry median. Based on the distribution chart, Clay Craft India ranks #18 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Clay Craft India has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Clay Craft India's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Clay Craft India ranks #18 out of 431 companies for Operating Margin %. This places Clay Craft India in the top 4% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.79. Clay Craft India's value of 20.17% is 432.2% above this benchmark. Historically, Clay Craft India's own Operating Margin % has ranged from 16.04 to 20.47 over the past decade. While the company's 10-year median is 20.27 vs. the industry median of 3.79, Clay Craft India 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 431 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. Clay Craft India's current Operating Margin % of 20.17% is 432.2% 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 Clay Craft India and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clay Craft India's current Operating Margin % is 20.17%, which is near median its own 10-year median of 20.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clay Craft India stock overvalued right now?
Clay Craft India (NSE:CLAYCRAFT) has a current Operating Margin % of 20.17%. The current Operating Margin % is 20.17%, which is near median its 10-year median of 20.27 and 432.2% above the Furnishings, Fixtures & Appliances industry median of 3.79. Clay Craft India's overall GF Score™ is 20/100 with 1 warning sign 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 Clay Craft India (NSE:CLAYCRAFT), the current Operating Margin % is 20.17% 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.

Clay Craft India Business Description

Address Road No. 1-D, F-766 & F-766 A, Vishwakarma Industrial Area, Jaipur, RJ, IND, 302013
Clay Craft India Ltd operates as a manufacturer and distributor of ceramic tableware products in India, engaged in the design, development, production, and sale of a wide range of ceramic tableware including dinner sets, tea and coffee serving sets, mugs, tumblers, platters, bowls, and table top accessories. It serves various retail consumers, institutional buyers, and the hospitality industry. The company markets its products under the brands Clay Craft and JCPL. It also offers customized ceramic solutions for corporate and institutional clients based on specific requirements and has developed a product range for the HoReCa (Hotel, Restaurant, and Catering) segment. The majority of the company's revenue is derived from the sale of its products, mainly from Mugs and Dinnerware.
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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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