Lodha DevelopersNSE:LODHA +1.02%82 Operating Margin % is 27.62% as of Mar. 2026, which is 7% above its 10-year median of 25.70. GuruFocus rates NSE:LODHA with a GF Score™ of 82/100 and a GF Value™ of ₹1,643.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,745 Real Estate companies, Lodha Developers ranks better than 69.68% on this metric.
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.
Lodha Developers Operating Margin % Related Terms
Lodha Developers Operating Margin % Historical Data
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The historical data trend for Lodha Developers'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.
For the Real Estate - Development subindustry, Lodha Developers'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.
Lodha Developers Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lodha Developers's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Lodha Developers'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.
Lodha Developers'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.
Lodha Developers (NSE:LODHA) has a Operating Margin % of 27.62% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Lodha Developers and its competitors. This is near median its historical median of 25.70. Over the past decade, Lodha Developers' Operating Margin % has ranged from 13.64 to 40.93. According to the industry distribution chart, Lodha Developers ranks #529 out of 1745 companies in the Real Estate industry, placing it in the top 30.3%.
Is Lodha Developers' Operating Margin % too high?
Lodha Developers' current Operating Margin % of 27.62% is near median its 10-year median of 25.70. Over the past 10 years, this metric has ranged from a low of 13.64 to a high of 40.93. The Real Estate industry median Operating Margin % is 13.21. Lodha Developers' value of 27.62% is 109.1% above this industry median. Based on the distribution chart, Lodha Developers ranks #529 out of 1745 companies in the Real Estate industry, which is above the industry midpoint. Overall, Lodha Developers has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lodha Developers' Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Lodha Developers ranks #529 out of 1745 companies for Operating Margin %. This puts Lodha Developers in the upper half of its industry. The industry median Operating Margin % is 13.21. Lodha Developers' value of 27.62% is 109.1% above this benchmark. Historically, Lodha Developers' own Operating Margin % has ranged from 13.64 to 40.93 over the past decade. While the company's 10-year median is 25.70 vs. the industry median of 13.21, Lodha Developers 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.21, based on 1,745 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. Lodha Developers's current Operating Margin % of 27.62% is 109.1% 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 Lodha Developers and its competitors. For the Real Estate industry, the median Operating Margin % is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lodha Developers's current Operating Margin % is 27.62%, which is near median its own 10-year median of 25.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lodha Developers stock overvalued right now?
Based on GuruFocus' analysis, Lodha Developers (NSE:LODHA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,643.81, compared to a current price of ₹947.45 — trading 42.4% below its estimated fair value. The current Operating Margin % is 27.62%, which is near median its 10-year median of 25.70 and 109.1% above the Real Estate industry median of 13.21. Lodha Developers' overall GF Score™ is 82/100 with 2 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 Lodha Developers (NSE:LODHA), the current Operating Margin % is 27.62% 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 Lodha Developers (NSE:LODHA) Overvalued in 2026?
Based on GuruFocus' analysis, Lodha Developers stock appears to be undervalued.
The current stock price of ₹947.45 is trading 42.4% below its estimated GF Value™ of ₹1,643.81.
GuruFocus considers Lodha Developers to be Significantly Undervalued.
Key valuation signals for NSE:LODHA:
Operating Margin %: 27.62% (near median its 10-year median of 25.70)
GF Value™: ₹1,643.81 vs. price of ₹947.45 (42.4% below fair value)
Industry Position: 109.1% above the Real Estate median (#529 of 1745)
No single metric tells the full story. See the NSE:LODHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lodha Developers Ltd is a real estate developer in India. Its core business is residential real estate developments with a brand presence across luxury, premium, and mid-income housing segments. The company's portfolio includes approximately forty projects across three key real estate markets in India: Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. In addition, it is involved in building select annuity income streams through facilities management, industrial and warehousing, and leasing of selected retail and office spaces. The company has introduced BelleVie, a digital platform that complements its facilities management business by connecting residents with a diverse range of customized marketplace services. It operates in one reportable segment, i.e., Real Estate development.
82GF Score
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