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Grover JewellsNSE:GJL -4.38%18 Operating Margin % is 2.20% as of Mar. 2025, which is 55% above its 10-year median of 1.42. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Grover Jewells ranks worse than 60.99% on this metric.
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.
Grover Jewells Operating Margin % Related Terms
Grover Jewells Operating Margin % Historical Data
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The historical data trend for Grover Jewells'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.
Grover Jewells Operating Margin % Chart
Grover Jewells Annual Data
Trend
Mar23
Mar24
Mar25
Operating Margin %
1.42
1.42
2.20
Grover Jewells Semi-Annual Data
Mar23
Mar24
Mar25
Operating Margin %
1.42
1.42
2.20
NSE:GJL vs TPR: Operating Margin % Comparison
For the Luxury Goods subindustry, Grover Jewells'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.
Grover Jewells Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Grover Jewells'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.
Grover Jewells'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.
Grover Jewells (NSE:GJL) has a Operating Margin % of 2.20% as of Mar. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Grover Jewells and its competitors. This is 55% above median its historical median of 1.42. Over the past decade, Grover Jewells' Operating Margin % has ranged from 1.42 to 2.20. According to the industry distribution chart, Grover Jewells ranks #688 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 61%.
Is Grover Jewells' Operating Margin % too high?
Grover Jewells' current Operating Margin % of 2.20% is 55% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.20. The Retail - Cyclical industry median Operating Margin % is 3.89. Grover Jewells' value of 2.20% is 43.4% below this industry median. Based on the distribution chart, Grover Jewells ranks #688 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Operating Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #688 out of 1128 companies for Operating Margin %. This places Grover Jewells in the lower half of its industry. The industry median Operating Margin % is 3.89. Grover Jewells' value of 2.20% is 43.4% below this benchmark. Historically, Grover Jewells' own Operating Margin % has ranged from 1.42 to 2.20 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 3.89, Grover Jewells 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.89, 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. Grover Jewells's current Operating Margin % of 2.20% is 43.4% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current Operating Margin % is 2.20%, which is 55% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Operating Margin % of 2.20%. The current Operating Margin % is 2.20%, which is 55% above median its 10-year median of 1.42 and 43.4% below the Retail - Cyclical industry median of 3.89. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current Operating Margin % is 2.20% as of Mar. 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.
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
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