HDFC Asset Management CoNSE:HDFCAMC +0.94%99 Operating Margin % is 85.97% as of Mar. 2026, which is 17% above its 10-year median of 73.41. GuruFocus rates NSE:HDFCAMC with a GF Score™ of 99/100 and a GF Value™ of ₹2,991.29 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 656 Asset Management companies, HDFC Asset Management Co ranks better than 80.03% on this metric.
HDFC Asset Management Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for HDFC Asset Management Co's Operating Margin % or its related term are showing as below:
NSE:HDFCAMC'
s Operating Margin % Range Over the Past 10 Years
Min: 47.89 Med: 73.41 Max: 80.07
Current: 80.07
NSE:HDFCAMC's Operating Margin % is ranked better than 80.03% of 656
companies
in the Asset Management industry
Industry Median: 17
vs NSE:HDFCAMC: 80.07
HDFC Asset Management Co (NSE:HDFCAMC) 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.
HDFC Asset Management Co Operating Margin % Related Terms
HDFC Asset Management Co Operating Margin % Historical Data
* 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:HDFCAMC vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, HDFC Asset Management Co'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.
HDFC Asset Management Co Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where HDFC Asset Management Co's Operating Margin % falls into.
HDFC Asset Management Co 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.
HDFC Asset Management Co'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.
HDFC Asset Management Co (NSE:HDFCAMC) has a Operating Margin % of 85.97% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on HDFC Asset Management Co and its competitors. This is 17% above median its historical median of 73.41. Over the past decade, HDFC Asset Management Co's Operating Margin % has ranged from 47.89 to 80.07. According to the industry distribution chart, HDFC Asset Management Co ranks #131 out of 656 companies in the Asset Management industry, placing it in the top 20%.
Is HDFC Asset Management Co's Operating Margin % too high?
HDFC Asset Management Co's current Operating Margin % of 85.97% is 17% above median its 10-year median of 73.41. Over the past 10 years, this metric has ranged from a low of 47.89 to a high of 80.07. The Asset Management industry median Operating Margin % is 17.00. HDFC Asset Management Co's value of 85.97% is 405.7% above this industry median. Based on the distribution chart, HDFC Asset Management Co ranks #131 out of 656 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, HDFC Asset Management Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Asset Management Co's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, HDFC Asset Management Co ranks #131 out of 656 companies for Operating Margin %. This places HDFC Asset Management Co in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 17.00. HDFC Asset Management Co's value of 85.97% is 405.7% above this benchmark. Historically, HDFC Asset Management Co's own Operating Margin % has ranged from 47.89 to 80.07 over the past decade. While the company's 10-year median is 73.41 vs. the industry median of 17.00, HDFC Asset Management Co 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 17.00, based on 656 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. HDFC Asset Management Co's current Operating Margin % of 85.97% is 405.7% 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 HDFC Asset Management Co and its competitors. For the Asset Management industry, the median Operating Margin % is 17.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Asset Management Co's current Operating Margin % is 85.97%, which is 17% above median its own 10-year median of 73.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Asset Management Co (NSE:HDFCAMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,991.29, compared to a current price of ₹2,649.70 — trading 11.4% below its estimated fair value. The current Operating Margin % is 85.97%, which is 17% above median its 10-year median of 73.41 and 405.7% above the Asset Management industry median of 17.00. HDFC Asset Management Co's overall GF Score™ is 99/100 with 1 warning sign 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 HDFC Asset Management Co (NSE:HDFCAMC), the current Operating Margin % is 85.97% 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 HDFC Asset Management Co (NSE:HDFCAMC) Overvalued in 2026?
Based on GuruFocus' analysis, HDFC Asset Management Co stock appears to be undervalued.
The current stock price of ₹2,649.70 is trading 11.4% below its estimated GF Value™ of ₹2,991.29.
GuruFocus considers HDFC Asset Management Co to be Modestly Undervalued.
Key valuation signals for NSE:HDFCAMC:
Operating Margin %: 85.97% (17% above median its 10-year median of 73.41)
GF Value™: ₹2,991.29 vs. price of ₹2,649.70 (11.4% below fair value)
Industry Position: 405.7% above the Asset Management median (#131 of 656)
No single metric tells the full story. See the NSE:HDFCAMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HDFC Asset Management Co Ltd is an asset management company engaged in providing asset management services to HDFC Mutual Fund, Portfolio Management Services, Advisory Services, and Investment Management Services to AIFs. The Group principally generates revenue from providing asset management services to Mutual Funds, Alternative Investment Funds (AIFs), and other clients. The majority of its revenue is derived from within India.
99GF Score
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