Hardwyn IndiaNSE:HARDWYN -1.87%79 Operating Margin % is 9.12% as of Mar. 2026, which is 54% above its 10-year median of 5.93. GuruFocus rates NSE:HARDWYN with a GF Score™ of 79/100 and a GF Value™ of ₹25.65 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,767 Construction companies, Hardwyn India ranks better than 69.5% on this metric.
Hardwyn India (NSE:HARDWYN) 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.
Hardwyn India Operating Margin % Related Terms
Hardwyn India Operating Margin % Historical Data
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The historical data trend for Hardwyn 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.
NSE:HARDWYN vs TT, JCI, CARR: Operating Margin % Comparison
For the Building Products & Equipment subindustry, Hardwyn 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.
Hardwyn India Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Hardwyn India's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hardwyn 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.
Hardwyn India'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.
Hardwyn India (NSE:HARDWYN) has a Operating Margin % of 9.12% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hardwyn India and its competitors. This is 54% above median its historical median of 5.93. Over the past decade, Hardwyn India's Operating Margin % has ranged from 0.53 to 9.99. According to the industry distribution chart, Hardwyn India ranks #539 out of 1767 companies in the Construction industry, placing it in the top 30.5%.
Is Hardwyn India's Operating Margin % too high?
Hardwyn India's current Operating Margin % of 9.12% is 54% above median its 10-year median of 5.93. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 9.99. The Construction industry median Operating Margin % is 5.89. Hardwyn India's value of 9.12% is 54.8% above this industry median. Based on the distribution chart, Hardwyn India ranks #539 out of 1767 companies in the Construction industry, which is above the industry midpoint. Overall, Hardwyn India has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hardwyn India's Operating Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Hardwyn India ranks #539 out of 1767 companies for Operating Margin %. This puts Hardwyn India in the upper half of its industry. The industry median Operating Margin % is 5.89. Hardwyn India's value of 9.12% is 54.8% above this benchmark. Historically, Hardwyn India's own Operating Margin % has ranged from 0.53 to 9.99 over the past decade. While the company's 10-year median is 5.93 vs. the industry median of 5.89, Hardwyn 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 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. Hardwyn India's current Operating Margin % of 9.12% is 54.8% 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 Hardwyn India 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. Hardwyn India's current Operating Margin % is 9.12%, which is 54% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardwyn India stock overvalued right now?
Based on GuruFocus' analysis, Hardwyn India (NSE:HARDWYN) is currently considered Fairly Valued. The stock's GF Value™ is ₹25.65, compared to a current price of ₹24.73 — trading 3.6% below its estimated fair value. The current Operating Margin % is 9.12%, which is 54% above median its 10-year median of 5.93 and 54.8% above the Construction industry median of 5.89. Hardwyn India's overall GF Score™ is 79/100 with 6 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 Hardwyn India (NSE:HARDWYN), the current Operating Margin % is 9.12% 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 Hardwyn India (NSE:HARDWYN) Overvalued in 2026?
Based on GuruFocus' analysis, Hardwyn India stock appears to be undervalued.
The current stock price of ₹24.73 is trading 3.6% below its estimated GF Value™ of ₹25.65.
GuruFocus considers Hardwyn India to be Fairly Valued.
Key valuation signals for NSE:HARDWYN:
Operating Margin %: 9.12% (54% above median its 10-year median of 5.93)
GF Value™: ₹25.65 vs. price of ₹24.73 (3.6% below fair value)
Industry Position: 54.8% above the Construction median (#539 of 1767)
No single metric tells the full story. See the NSE:HARDWYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hardwyn India Ltd is engaged in the trading business of aluminium products including manufacturing architectural hardware and glass fittings. It provides a complete solution to residential and commercial structures. Its product range includes Door Hardware, Kitchen Hardware, Glass Hardware, and Furniture Hardware.
79GF Score
Get the complete analysis for NSE:HARDWYN
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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