Ishan International (NSE:ISHAN) Operating Margin %: 0.11% (As of Mar. 2026) — 95% Below Median


NSE:ISHAN Ishan International Ltd NSE:ISHAN
42 GF Score
Price ₹0.60
GF Value ₹0.45
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Ishan International Operating Margin %?

Ishan International NSE:ISHAN 42 Operating Margin % is 0.11% as of Mar. 2026, which is 95% below its 10-year median of 2.13. GuruFocus rates NSE:ISHAN with a GF Score™ of 42/100 and a GF Value™ of ₹0.45 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ishan International ranks worse than 81.82% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ishan International's Operating Income for the six months ended in Mar. 2026 was ₹0.2 Mil. Ishan International's Revenue for the six months ended in Mar. 2026 was ₹135.0 Mil. Therefore, Ishan International's Operating Margin % for the quarter that ended in Mar. 2026 was 0.11%.

The historical rank and industry rank for Ishan International's Operating Margin % or its related term are showing as below:

NSE:ISHAN' s Operating Margin % Range Over the Past 10 Years
Min: -0.08   Med: 2.13   Max: 12.79
Current: 0.67


NSE:ISHAN's Operating Margin % is ranked worse than
81.82% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.91 vs NSE:ISHAN: 0.67

Ishan International's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Ishan International's Operating Income for the six months ended in Mar. 2026 was ₹0.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.8 Mil.

Warning Sign:

Ishan International Ltd has recorded a loss in operating income at least once over the past 3 years.


Ishan International  (NSE:ISHAN) 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 Nokia’s 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.


Ishan International Operating Margin % Related Terms


Ishan International Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ishan International'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.

Ishan International Operating Margin % Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 12.79 7.56 2.13 -0.08 0.67

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.60 1.69 -1.32 1.23 0.11

NSE:ISHAN vs CAT, DE, PCAR: Operating Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.


Ishan International Operating Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ishan International's Operating Margin % falls into.


NSE:ISHAN
42GF Score
Ishan International Ltd NSE:ISHAN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishan International 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.

Ishan International's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1.797 / 268.881
=0.67 %

Ishan International's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.155 / 134.962
=0.11 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 0.11% mean?
Ishan International (NSE:ISHAN) has a Operating Margin % of 0.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ishan International and its competitors. This is 95% below median its historical median of 2.13. According to the industry distribution chart, Ishan International ranks #171 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 81.8%.
Is Ishan International's Operating Margin % too high?
Ishan International's current Operating Margin % of 0.11% is 95% below median its 10-year median of 2.13. The Farm & Heavy Construction Machinery industry median Operating Margin % is 6.91. Ishan International's value of 0.11% is 98.4% below this industry median. Based on the distribution chart, Ishan International ranks #171 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Ishan International has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ishan International ranks #171 out of 209 companies for Operating Margin %. This places Ishan International in the lower half of its industry. The industry median Operating Margin % is 6.91. Ishan International's value of 0.11% is 98.4% below this benchmark. While the company's 10-year median is 2.13 vs. the industry median of 6.91, Ishan International 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 Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.91, based on 209 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. Ishan International's current Operating Margin % of 0.11% is 98.4% 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 Ishan International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishan International's current Operating Margin % is 0.11%, which is 95% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.60 — trading 33.3% above its estimated fair value. The current Operating Margin % is 0.11%, which is 95% below median its 10-year median of 2.13 and 98.4% below the Farm & Heavy Construction Machinery industry median of 6.91. Ishan International's overall GF Score™ is 42/100 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 Ishan International (NSE:ISHAN), the current Operating Margin % is 0.11% 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 Ishan International (NSE:ISHAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan International stock appears to be overvalued. The current stock price of ₹0.60 is trading 33.3% above its estimated GF Value™ of ₹0.45. GuruFocus considers Ishan International to be Significantly Overvalued.

Key valuation signals for NSE:ISHAN:

  • Operating Margin %: 0.11% (95% below median its 10-year median of 2.13)
  • GF Value™: ₹0.45 vs. price of ₹0.60 (33.3% above fair value)
  • GF Score™: 42/100 with 8 warning signs
  • Industry Position: 98.4% below the Farm & Heavy Construction Machinery median (#171 of 209)

No single metric tells the full story. See the NSE:ISHAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishan International Business Description

Address 1616, WTT Building, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
42GF Score

Get the complete analysis for NSE:ISHAN

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.60
Price
₹0.45
GF Value