Electrosteel CastingsNSE:ELECTCAST -1.53%73 Operating Margin % is 1.17% as of Mar. 2026, which is 90% below its 10-year median of 11.56. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 73/100 and a GF Value™ of ₹86.32 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,767 Construction companies, Electrosteel Castings ranks worse than 66.04% on this metric.
Electrosteel Castings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.9%.
The historical rank and industry rank for Electrosteel Castings's Operating Margin % or its related term are showing as below:
NSE:ELECTCAST'
s Operating Margin % Range Over the Past 10 Years
Min: 3.15 Med: 11.56 Max: 14.82
Current: 3.15
NSE:ELECTCAST's Operating Margin % is ranked worse than 66.04% of 1767
companies
in the Construction industry
Industry Median: 5.89
vs NSE:ELECTCAST: 3.15
Electrosteel Castings's 5-Year Average Operating Margin % Growth Rate was -13.90% 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.
Electrosteel Castings Operating Margin % Related Terms
Electrosteel Castings Operating Margin % Historical Data
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The historical data trend for Electrosteel Castings'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:ELECTCAST vs TT, JCI, CARR: Operating Margin % Comparison
For the Building Products & Equipment subindustry, Electrosteel Castings'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.
Electrosteel Castings Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Electrosteel Castings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Electrosteel Castings'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.
Electrosteel Castings'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.
Electrosteel Castings (NSE:ELECTCAST) has a Operating Margin % of 1.17% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Electrosteel Castings and its competitors. This is 90% below median its historical median of 11.56. Over the past decade, Electrosteel Castings' Operating Margin % has ranged from 3.15 to 14.82. According to the industry distribution chart, Electrosteel Castings ranks #1167 out of 1767 companies in the Construction industry, placing it in the top 66%.
Is Electrosteel Castings' Operating Margin % too high?
Electrosteel Castings' current Operating Margin % of 1.17% is 90% below median its 10-year median of 11.56. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 14.82. The Construction industry median Operating Margin % is 5.89. Electrosteel Castings' value of 1.17% is 80.1% below this industry median. Based on the distribution chart, Electrosteel Castings ranks #1167 out of 1767 companies in the Construction industry, which is below the industry midpoint. Overall, Electrosteel Castings has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' Operating Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Electrosteel Castings ranks #1167 out of 1767 companies for Operating Margin %. This places Electrosteel Castings in the lower half of its industry. The industry median Operating Margin % is 5.89. Electrosteel Castings' value of 1.17% is 80.1% below this benchmark. Historically, Electrosteel Castings' own Operating Margin % has ranged from 3.15 to 14.82 over the past decade. While the company's 10-year median is 11.56 vs. the industry median of 5.89, Electrosteel Castings 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Electrosteel Castings's current Operating Margin % of 1.17% is 80.1% 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 Electrosteel Castings and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current Operating Margin % is 1.17%, which is 90% below median its own 10-year median of 11.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Fairly Valued. The stock's GF Value™ is ₹86.32, compared to a current price of ₹78.60 — trading 8.9% below its estimated fair value. The current Operating Margin % is 1.17%, which is 90% below median its 10-year median of 11.56 and 80.1% below the Construction industry median of 5.89. Electrosteel Castings' overall GF Score™ is 73/100 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 Electrosteel Castings (NSE:ELECTCAST), the current Operating Margin % is 1.17% 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.
Is Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?
Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued.
The current stock price of ₹78.60 is trading 8.9% below its estimated GF Value™ of ₹86.32.
GuruFocus considers Electrosteel Castings to be Fairly Valued.
Key valuation signals for NSE:ELECTCAST:
Operating Margin %: 1.17% (90% below median its 10-year median of 11.56)
GF Value™: ₹86.32 vs. price of ₹78.60 (8.9% below fair value)
Industry Position: 80.1% below the Construction median (#1167 of 1767)
No single metric tells the full story. See the NSE:ELECTCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
73GF Score
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