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Iris ClothingsNSE:IRISDOREME +0.73%83 Operating Margin % is 15.76% as of Mar. 2026, which is 16% above its 10-year median of 13.60. GuruFocus rates NSE:IRISDOREME with a GF Score™ of 83/100 and a GF Value™ of ₹43.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Iris Clothings ranks better than 83.64% on this metric.
Iris Clothings Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Iris Clothings's Operating Margin % or its related term are showing as below:
NSE:IRISDOREME'
s Operating Margin % Range Over the Past 10 Years
Min: 8.74 Med: 13.6 Max: 16.69
Current: 12.65
NSE:IRISDOREME's Operating Margin % is ranked better than 83.64% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.24
vs NSE:IRISDOREME: 12.65
Iris Clothings's 5-Year Average Operating Margin % Growth Rate was 0.80% per year.
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.
Iris Clothings Operating Margin % Related Terms
Iris Clothings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Iris Clothings'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:IRISDOREME vs RL, LEVI, VFC: Operating Margin % Comparison
For the Apparel Manufacturing subindustry, Iris Clothings'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.
Iris Clothings Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iris Clothings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Iris Clothings'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.
Iris Clothings'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.
Iris Clothings (NSE:IRISDOREME) has a Operating Margin % of 15.76% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Iris Clothings and its competitors. This is 16% above median its historical median of 13.60. Over the past decade, Iris Clothings' Operating Margin % has ranged from 8.74 to 16.69. According to the industry distribution chart, Iris Clothings ranks #170 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16.4%.
Is Iris Clothings' Operating Margin % too high?
Iris Clothings' current Operating Margin % of 15.76% is 16% above median its 10-year median of 13.60. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 16.69. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.24. Iris Clothings' value of 15.76% is 271.7% above this industry median. Based on the distribution chart, Iris Clothings ranks #170 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Iris Clothings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Clothings' Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Iris Clothings ranks #170 out of 1039 companies for Operating Margin %. This places Iris Clothings in the top 16% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.24. Iris Clothings' value of 15.76% is 271.7% above this benchmark. Historically, Iris Clothings' own Operating Margin % has ranged from 8.74 to 16.69 over the past decade. While the company's 10-year median is 13.60 vs. the industry median of 4.24, Iris Clothings 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.24, based on 1,039 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. Iris Clothings's current Operating Margin % of 15.76% is 271.7% 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 Iris Clothings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Clothings's current Operating Margin % is 15.76%, which is 16% above median its own 10-year median of 13.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Clothings stock overvalued right now?
Based on GuruFocus' analysis, Iris Clothings (NSE:IRISDOREME) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹43.96, compared to a current price of ₹57.93 — trading 31.8% above its estimated fair value. The current Operating Margin % is 15.76%, which is 16% above median its 10-year median of 13.60 and 271.7% above the Manufacturing - Apparel & Accessories industry median of 4.24. Iris Clothings' overall GF Score™ is 83/100 with 5 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 Iris Clothings (NSE:IRISDOREME), the current Operating Margin % is 15.76% 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 Iris Clothings (NSE:IRISDOREME) Overvalued in 2026?
Based on GuruFocus' analysis, Iris Clothings stock appears to be overvalued.
The current stock price of ₹57.93 is trading 31.8% above its estimated GF Value™ of ₹43.96.
GuruFocus considers Iris Clothings to be Significantly Overvalued.
Key valuation signals for NSE:IRISDOREME:
Operating Margin %: 15.76% (16% above median its 10-year median of 13.60)
GF Value™: ₹43.96 vs. price of ₹57.93 (31.8% above fair value)
Industry Position: 271.7% above the Manufacturing - Apparel & Accessories median (#170 of 1039)
No single metric tells the full story. See the NSE:IRISDOREME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iris Clothings Ltd is an India-based company mainly engaged in the manufacturing, designing, branding, and selling of kids' wear under the brand name DoReMe. The company caters to the kids' wear category, mostly juniors, including various kinds of apparel and related products for all infants, boys, and girls. The products offered by the company include tops, t-shirts, pants, shorts, frocks, dresses, and towels.
83GF Score
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