Jio Financial ServicesNSE:JIOFIN +0.45%61 Operating Margin % is 69.06% as of Mar. 2026, which is 20% below its 10-year median of 86.85. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹788.02 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 657 Asset Management companies, Jio Financial Services ranks better than 80.82% on this metric.
Jio Financial Services Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Jio Financial Services's Operating Margin % or its related term are showing as below:
NSE:JIOFIN'
s Operating Margin % Range Over the Past 10 Years
Min: 37.92 Med: 86.85 Max: 206.89
Current: 82.21
NSE:JIOFIN's Operating Margin % is ranked better than 80.82% of 657
companies
in the Asset Management industry
Industry Median: 16.85
vs NSE:JIOFIN: 82.21
Jio Financial Services's 5-Year Average Operating Margin % Growth Rate was 11.30% 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.
Jio Financial Services Operating Margin % Related Terms
Jio Financial Services Operating Margin % Historical Data
* Premium members only.
The historical data trend for Jio Financial Services'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:JIOFIN vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, Jio Financial Services'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.
Jio Financial Services Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Jio Financial Services's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Jio Financial Services'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.
Jio Financial Services'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.
Jio Financial Services (NSE:JIOFIN) has a Operating Margin % of 69.06% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jio Financial Services and its competitors. This is 20% below median its historical median of 86.85. Over the past decade, Jio Financial Services' Operating Margin % has ranged from 37.92 to 206.89. According to the industry distribution chart, Jio Financial Services ranks #126 out of 657 companies in the Asset Management industry, placing it in the top 19.2%.
Is Jio Financial Services' Operating Margin % too high?
Jio Financial Services' current Operating Margin % of 69.06% is 20% below median its 10-year median of 86.85. Over the past 10 years, this metric has ranged from a low of 37.92 to a high of 206.89. The Asset Management industry median Operating Margin % is 16.85. Jio Financial Services' value of 69.06% is 309.9% above this industry median. Based on the distribution chart, Jio Financial Services ranks #126 out of 657 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #126 out of 657 companies for Operating Margin %. This places Jio Financial Services in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 16.85. Jio Financial Services' value of 69.06% is 309.9% above this benchmark. Historically, Jio Financial Services' own Operating Margin % has ranged from 37.92 to 206.89 over the past decade. While the company's 10-year median is 86.85 vs. the industry median of 16.85, Jio Financial Services 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 16.85, based on 657 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. Jio Financial Services's current Operating Margin % of 69.06% is 309.9% 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 Jio Financial Services and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Operating Margin % is 69.06%, which is 20% below median its own 10-year median of 86.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹788.02, compared to a current price of ₹238.87 — trading 69.7% below its estimated fair value. The current Operating Margin % is 69.06%, which is 20% below median its 10-year median of 86.85 and 309.9% above the Asset Management industry median of 16.85. Jio Financial Services' overall GF Score™ is 61/100 with 4 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 Jio Financial Services (NSE:JIOFIN), the current Operating Margin % is 69.06% 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 Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued.
The current stock price of ₹238.87 is trading 69.7% below its estimated GF Value™ of ₹788.02.
GuruFocus considers Jio Financial Services to be Possible Value Trap.
Key valuation signals for NSE:JIOFIN:
Operating Margin %: 69.06% (20% below median its 10-year median of 86.85)
GF Value™: ₹788.02 vs. price of ₹238.87 (69.7% below fair value)
Industry Position: 309.9% above the Asset Management median (#126 of 657)
No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
61GF Score
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