Foce IndiaNSE:FOCE +1.16%75 Operating Margin % is 13.26% as of Sep. 2025, which is 119% above its 10-year median of 6.05. GuruFocus rates NSE:FOCE with a GF Score™ of 75/100 and a GF Value™ of ₹779.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Foce India ranks better than 86.17% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Foce India's Operating Income for the
six
months ended in Sep. 2025 was ₹78 Mil. Foce India's Revenue for the
six
months ended in Sep. 2025 was ₹586 Mil. Therefore, Foce India's Operating Margin % for the quarter that ended in Sep. 2025 was 13.26%.
Good Sign:
Foce India Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Foce India's Operating Margin % or its related term are showing as below:
NSE:FOCE'
s Operating Margin % Range Over the Past 10 Years
Min: 3.48 Med: 6.05 Max: 24.73
Current: 13.57
NSE:FOCE's Operating Margin % is ranked better than 86.17% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 3.905
vs NSE:FOCE: 13.57
Foce India's 5-Year Average Operating Margin % Growth Rate was 50.90% per year.
Foce India's Operating Income for the
six
months ended in Sep. 2025 was ₹78 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was ₹175 Mil.
Foce India (NSE:FOCE) 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 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.
Foce India Operating Margin % Related Terms
Foce India Operating Margin % Historical Data
* Premium members only.
The historical data trend for Foce 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.
For the Luxury Goods subindustry, Foce 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.
Foce India Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Foce India'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.
Foce India's Operating Margin % for the fiscal year that ended in Mar. 2025 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.
Foce India (NSE:FOCE) has a Operating Margin % of 13.26% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Foce India and its competitors. This is 119% above median its historical median of 6.05. Over the past decade, Foce India's Operating Margin % has ranged from 3.48 to 24.73. According to the industry distribution chart, Foce India ranks #156 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 13.8%.
Is Foce India's Operating Margin % too high?
Foce India's current Operating Margin % of 13.26% is 119% above median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 24.73. The Retail - Cyclical industry median Operating Margin % is 3.91. Foce India's value of 13.26% is 239.6% above this industry median. Based on the distribution chart, Foce India ranks #156 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Foce India has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Operating Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Foce India ranks #156 out of 1128 companies for Operating Margin %. This places Foce India in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.91. Foce India's value of 13.26% is 239.6% above this benchmark. Historically, Foce India's own Operating Margin % has ranged from 3.48 to 24.73 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 3.91, Foce 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. Foce India's current Operating Margin % of 13.26% is 239.6% 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 Foce India and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foce India's current Operating Margin % is 13.26%, which is 119% above median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹779.65, compared to a current price of ₹609.00 — trading 21.9% below its estimated fair value. The current Operating Margin % is 13.26%, which is 119% above median its 10-year median of 6.05 and 239.6% above the Retail - Cyclical industry median of 3.91. Foce India's overall GF Score™ is 75/100 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 Foce India (NSE:FOCE), the current Operating Margin % is 13.26% as of Sep. 2025. 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 Foce India (NSE:FOCE) Overvalued in 2026?
Based on GuruFocus' analysis, Foce India stock appears to be undervalued.
The current stock price of ₹609.00 is trading 21.9% below its estimated GF Value™ of ₹779.65.
GuruFocus considers Foce India to be Modestly Undervalued.
Key valuation signals for NSE:FOCE:
Operating Margin %: 13.26% (119% above median its 10-year median of 6.05)
GF Value™: ₹779.65 vs. price of ₹609.00 (21.9% below fair value)
Industry Position: 239.6% above the Retail - Cyclical median (#156 of 1128)
No single metric tells the full story. See the NSE:FOCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
75GF Score
Get the complete analysis for NSE:FOCE
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