IndiGrid Infrastructure TrustNSE:INDIGRID -0.16%84 Operating Margin % is 26.88% as of Mar. 2026, which is 55% below its 10-year median of 60.20. GuruFocus rates NSE:INDIGRID with a GF Score™ of 84/100 and a GF Value™ of ₹215.70 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, IndiGrid Infrastructure Trust ranks better than 88.01% on this metric.
IndiGrid Infrastructure Trust operating margin has been in a 5-year decline. The average rate of decline per year is -7.8%.
The historical rank and industry rank for IndiGrid Infrastructure Trust's Operating Margin % or its related term are showing as below:
NSE:INDIGRID'
s Operating Margin % Range Over the Past 10 Years
Min: 12.2 Med: 60.2 Max: 67.36
Current: 40.94
NSE:INDIGRID's Operating Margin % is ranked better than 88.01% of 417
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.38
vs NSE:INDIGRID: 40.94
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.
IndiGrid Infrastructure Trust Operating Margin % Related Terms
IndiGrid Infrastructure Trust 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:INDIGRID vs CEG, VST, NRG: Operating Margin % Comparison
For the Utilities - Independent Power Producers subindustry, IndiGrid Infrastructure Trust'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.
IndiGrid Infrastructure Trust Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, IndiGrid Infrastructure Trust's Operating Margin % distribution charts can be found below:
* The bar in red indicates where IndiGrid Infrastructure Trust'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.
* 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.
IndiGrid Infrastructure Trust (NSE:INDIGRID) has a Operating Margin % of 26.88% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on IndiGrid Infrastructure Trust and its competitors. This is 55% below median its historical median of 60.20. Over the past decade, IndiGrid Infrastructure Trust's Operating Margin % has ranged from 12.20 to 67.36. According to the industry distribution chart, IndiGrid Infrastructure Trust ranks #50 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 12%.
Is IndiGrid Infrastructure Trust's Operating Margin % too high?
IndiGrid Infrastructure Trust's current Operating Margin % of 26.88% is 55% below median its 10-year median of 60.20. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 67.36. The Utilities - Independent Power Producers industry median Operating Margin % is 13.38. IndiGrid Infrastructure Trust's value of 26.88% is 100.9% above this industry median. Based on the distribution chart, IndiGrid Infrastructure Trust ranks #50 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Operating Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, IndiGrid Infrastructure Trust ranks #50 out of 417 companies for Operating Margin %. This places IndiGrid Infrastructure Trust in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.38. IndiGrid Infrastructure Trust's value of 26.88% is 100.9% above this benchmark. Historically, IndiGrid Infrastructure Trust's own Operating Margin % has ranged from 12.20 to 67.36 over the past decade. While the company's 10-year median is 60.20 vs. the industry median of 13.38, IndiGrid Infrastructure Trust 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 Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.38, based on 417 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. IndiGrid Infrastructure Trust's current Operating Margin % of 26.88% is 100.9% 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 IndiGrid Infrastructure Trust and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiGrid Infrastructure Trust's current Operating Margin % is 26.88%, which is 55% below median its own 10-year median of 60.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (NSE:INDIGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹215.70, compared to a current price of ₹176.15 — trading 18.3% below its estimated fair value. The current Operating Margin % is 26.88%, which is 55% below median its 10-year median of 60.20 and 100.9% above the Utilities - Independent Power Producers industry median of 13.38. IndiGrid Infrastructure Trust's overall GF Score™ is 84/100 with 8 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 IndiGrid Infrastructure Trust (NSE:INDIGRID), the current Operating Margin % is 26.88% 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 IndiGrid Infrastructure Trust (NSE:INDIGRID) Overvalued in 2026?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued.
The current stock price of ₹176.15 is trading 18.3% below its estimated GF Value™ of ₹215.70.
GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.
Key valuation signals for NSE:INDIGRID:
Operating Margin %: 26.88% (55% below median its 10-year median of 60.20)
GF Value™: ₹215.70 vs. price of ₹176.15 (18.3% below fair value)
Industry Position: 100.9% above the Utilities - Independent Power Producers median (#50 of 417)
No single metric tells the full story. See the NSE:INDIGRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndiGrid Infrastructure Trust Business Description
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
84GF Score
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