Ellenbarrie Industrial Gases (NSE:ELLEN) Operating Margin %: 22.56% (As of Mar. 2026) — 67% Above Median


NSE:ELLEN Ellenbarrie Industrial Gases Ltd NSE:ELLEN
36 GF Score
Price ₹269.85
! 3 Warning Signs
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What is Ellenbarrie Industrial Gases Operating Margin %?

Ellenbarrie Industrial Gases NSE:ELLEN -3.28% 36 Operating Margin % is 22.56% as of Mar. 2026, which is 67% above its 10-year median of 13.51. GuruFocus rates NSE:ELLEN with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 1,585 Chemicals companies, Ellenbarrie Industrial Gases ranks better than 96.66% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ellenbarrie Industrial Gases's Operating Income for the three months ended in Mar. 2026 was ₹197 Mil. Ellenbarrie Industrial Gases's Revenue for the three months ended in Mar. 2026 was ₹874 Mil. Therefore, Ellenbarrie Industrial Gases's Operating Margin % for the quarter that ended in Mar. 2026 was 22.56%.

Good Sign:

Ellenbarrie Industrial Gases Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:ELLEN' s Operating Margin % Range Over the Past 10 Years
Min: -2.26   Med: 13.51   Max: 29.17
Current: 26.53


NSE:ELLEN's Operating Margin % is ranked better than
96.66% of 1585 companies
in the Chemicals industry
Industry Median: 6.02 vs NSE:ELLEN: 26.53

Ellenbarrie Industrial Gases's 5-Year Average Operating Margin % Growth Rate was 34.20% per year.

Ellenbarrie Industrial Gases's Operating Income for the three months ended in Mar. 2026 was ₹197 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹684 Mil.


Ellenbarrie Industrial Gases  (NSE:ELLEN) 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.


Ellenbarrie Industrial Gases Operating Margin % Related Terms


Ellenbarrie Industrial Gases Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ellenbarrie Industrial Gases'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.

Ellenbarrie Industrial Gases Operating Margin % Chart

Ellenbarrie Industrial Gases Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 3.15 0.84 29.17 27.86

Ellenbarrie Industrial Gases Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Sep24 Dec24 Mar25 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 34.52 23.29 32.10 24.68 22.56

NSE:ELLEN vs DOW: Operating Margin % Comparison

For the Chemicals subindustry, Ellenbarrie Industrial Gases'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.


Ellenbarrie Industrial Gases Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ellenbarrie Industrial Gases's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ellenbarrie Industrial Gases's Operating Margin % falls into.


NSE:ELLEN
36GF Score
Ellenbarrie Industrial Gases Ltd NSE:ELLEN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ellenbarrie Industrial Gases 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.

Ellenbarrie Industrial Gases'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 )
=951.54 / 3415.82
=27.86 %

Ellenbarrie Industrial Gases'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 )
=197.21 / 874.33
=22.56 %

* 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 22.56% mean?
Ellenbarrie Industrial Gases (NSE:ELLEN) has a Operating Margin % of 22.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ellenbarrie Industrial Gases and its competitors. This is 67% above median its historical median of 13.51. According to the industry distribution chart, Ellenbarrie Industrial Gases ranks #53 out of 1585 companies in the Chemicals industry, placing it in the top 3.3%.
Is Ellenbarrie Industrial Gases' Operating Margin % too high?
Ellenbarrie Industrial Gases' current Operating Margin % of 22.56% is 67% above median its 10-year median of 13.51. The Chemicals industry median Operating Margin % is 6.02. Ellenbarrie Industrial Gases' value of 22.56% is 274.8% above this industry median. Based on the distribution chart, Ellenbarrie Industrial Gases ranks #53 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ellenbarrie Industrial Gases has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Ellenbarrie Industrial Gases' Operating Margin % compare to DOW?
According to the Chemicals industry distribution chart, Ellenbarrie Industrial Gases ranks #53 out of 1585 companies for Operating Margin %. This places Ellenbarrie Industrial Gases in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.02. Ellenbarrie Industrial Gases' value of 22.56% is 274.8% above this benchmark. While the company's 10-year median is 13.51 vs. the industry median of 6.02, Ellenbarrie Industrial Gases 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.02, based on 1,585 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. Ellenbarrie Industrial Gases's current Operating Margin % of 22.56% is 274.8% 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 Ellenbarrie Industrial Gases and its competitors. For the Chemicals industry, the median Operating Margin % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ellenbarrie Industrial Gases's current Operating Margin % is 22.56%, which is 67% above median its own 10-year median of 13.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ellenbarrie Industrial Gases stock overvalued right now?
Ellenbarrie Industrial Gases (NSE:ELLEN) has a current Operating Margin % of 22.56%. The current Operating Margin % is 22.56%, which is 67% above median its 10-year median of 13.51 and 274.8% above the Chemicals industry median of 6.02. Ellenbarrie Industrial Gases' overall GF Score™ is 36/100 with 3 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 Ellenbarrie Industrial Gases (NSE:ELLEN), the current Operating Margin % is 22.56% 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.

Ellenbarrie Industrial Gases Business Description

Other Exchanges 544421:India
Address 3A, Ripon Street, Kolkata, WB, IND, 700016
Ellenbarrie Industrial Gases Ltd is engaged in manufacture and sale of industrial, medical and special gases as well as related products. The company is also engaged in Cryogenic and non-cryogenic air separation plants. Its products include oxygen, hydrogen, nitrogen, carbon dioxide, argon, ice, helium, and others.
36GF Score

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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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