Khadim IndiaNSE:KHADIM +0.41%56 Operating Margin % is 6.30% as of Mar. 2026, which is 6% above its 10-year median of 5.95. GuruFocus rates NSE:KHADIM with a GF Score™ of 56/100 and a GF Value™ of ₹196.74 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Khadim India ranks better than 60.84% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Khadim India's Operating Income for the
three
months ended in Mar. 2026 was ₹53 Mil. Khadim India's Revenue for the
three
months ended in Mar. 2026 was ₹836 Mil. Therefore, Khadim India's Operating Margin % for the quarter that ended in Mar. 2026 was 6.30%.
The historical rank and industry rank for Khadim India's Operating Margin % or its related term are showing as below:
NSE:KHADIM'
s Operating Margin % Range Over the Past 10 Years
Min: -5.12 Med: 5.95 Max: 11.68
Current: 6.05
NSE:KHADIM's Operating Margin % is ranked better than 60.84% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs NSE:KHADIM: 6.05
Khadim India's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Khadim India (NSE:KHADIM) 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.
Khadim India Operating Margin % Related Terms
Khadim India Operating Margin % Historical Data
* Premium members only.
The historical data trend for Khadim India'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:KHADIM vs NKE, DECK, ONON: Operating Margin % Comparison
For the Footwear & Accessories subindustry, Khadim India'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.
Khadim India Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Khadim India's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Khadim India'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.
Khadim India'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.
Khadim India (NSE:KHADIM) has a Operating Margin % of 6.30% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Khadim India and its competitors. This is near median its historical median of 5.95. According to the industry distribution chart, Khadim India ranks #408 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.2%.
Is Khadim India's Operating Margin % too high?
Khadim India's current Operating Margin % of 6.30% is near median its 10-year median of 5.95. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Khadim India's value of 6.30% is 54.2% above this industry median. Based on the distribution chart, Khadim India ranks #408 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Khadim India has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khadim India's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Khadim India ranks #408 out of 1042 companies for Operating Margin %. This puts Khadim India in the upper half of its industry. The industry median Operating Margin % is 4.09. Khadim India's value of 6.30% is 54.2% above this benchmark. While the company's 10-year median is 5.95 vs. the industry median of 4.09, Khadim India 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 4.09, based on 1,042 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. Khadim India's current Operating Margin % of 6.30% is 54.2% 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 Khadim India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khadim India's current Operating Margin % is 6.30%, which is near median its own 10-year median of 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khadim India stock overvalued right now?
Based on GuruFocus' analysis, Khadim India (NSE:KHADIM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹196.74, compared to a current price of ₹108.89 — trading 44.7% below its estimated fair value. The current Operating Margin % is 6.30%, which is near median its 10-year median of 5.95 and 54.2% above the Manufacturing - Apparel & Accessories industry median of 4.09. Khadim India's overall GF Score™ is 56/100 with 6 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 Khadim India (NSE:KHADIM), the current Operating Margin % is 6.30% 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 Khadim India (NSE:KHADIM) Overvalued in 2026?
Based on GuruFocus' analysis, Khadim India stock appears to be undervalued.
The current stock price of ₹108.89 is trading 44.7% below its estimated GF Value™ of ₹196.74.
GuruFocus considers Khadim India to be Possible Value Trap.
Key valuation signals for NSE:KHADIM:
Operating Margin %: 6.30% (near median its 10-year median of 5.95)
GF Value™: ₹196.74 vs. price of ₹108.89 (44.7% below fair value)
Industry Position: 54.2% above the Manufacturing - Apparel & Accessories median (#408 of 1042)
No single metric tells the full story. See the NSE:KHADIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. The company generates the majority of revenue from India.
56GF Score
Get the complete analysis for NSE:KHADIM
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KHADIM has been successfully added to your 
