Lux IndustriesNSE:LUXIND -2.40%77 Operating Margin % is 6.48% as of Mar. 2026, which is 50% below its 10-year median of 12.85. GuruFocus rates NSE:LUXIND with a GF Score™ of 77/100 and a GF Value™ of ₹1,690.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Lux Industries ranks better than 55.61% on this metric.
Lux Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -23.1%.
The historical rank and industry rank for Lux Industries's Operating Margin % or its related term are showing as below:
NSE:LUXIND'
s Operating Margin % Range Over the Past 10 Years
Min: 5.12 Med: 12.85 Max: 19.95
Current: 5.12
NSE:LUXIND's Operating Margin % is ranked better than 55.61% of 1043
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08
vs NSE:LUXIND: 5.12
Lux Industries's 5-Year Average Operating Margin % Growth Rate was -23.10% 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.
Lux Industries Operating Margin % Related Terms
Lux Industries Operating Margin % Historical Data
* Premium members only.
The historical data trend for Lux Industries'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:LUXIND vs RL, LEVI, VFC: Operating Margin % Comparison
For the Apparel Manufacturing subindustry, Lux Industries'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.
Lux Industries Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lux Industries's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Lux Industries'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.
Lux Industries'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.
Lux Industries (NSE:LUXIND) has a Operating Margin % of 6.48% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Lux Industries and its competitors. This is 50% below median its historical median of 12.85. Over the past decade, Lux Industries' Operating Margin % has ranged from 5.12 to 19.95. According to the industry distribution chart, Lux Industries ranks #463 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.4%.
Is Lux Industries' Operating Margin % too high?
Lux Industries' current Operating Margin % of 6.48% is 50% below median its 10-year median of 12.85. Over the past 10 years, this metric has ranged from a low of 5.12 to a high of 19.95. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. Lux Industries' value of 6.48% is 58.8% above this industry median. Based on the distribution chart, Lux Industries ranks #463 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Lux Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lux Industries' Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lux Industries ranks #463 out of 1043 companies for Operating Margin %. This puts Lux Industries in the upper half of its industry. The industry median Operating Margin % is 4.08. Lux Industries' value of 6.48% is 58.8% above this benchmark. Historically, Lux Industries' own Operating Margin % has ranged from 5.12 to 19.95 over the past decade. While the company's 10-year median is 12.85 vs. the industry median of 4.08, Lux Industries 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 4.08, based on 1,043 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. Lux Industries's current Operating Margin % of 6.48% is 58.8% 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 Lux Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lux Industries's current Operating Margin % is 6.48%, which is 50% below median its own 10-year median of 12.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lux Industries stock overvalued right now?
Based on GuruFocus' analysis, Lux Industries (NSE:LUXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,690.81, compared to a current price of ₹1,221.80 — trading 27.7% below its estimated fair value. The current Operating Margin % is 6.48%, which is 50% below median its 10-year median of 12.85 and 58.8% above the Manufacturing - Apparel & Accessories industry median of 4.08. Lux Industries' overall GF Score™ is 77/100 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 Lux Industries (NSE:LUXIND), the current Operating Margin % is 6.48% 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 Lux Industries (NSE:LUXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lux Industries stock appears to be undervalued.
The current stock price of ₹1,221.80 is trading 27.7% below its estimated GF Value™ of ₹1,690.81.
GuruFocus considers Lux Industries to be Modestly Undervalued.
Key valuation signals for NSE:LUXIND:
Operating Margin %: 6.48% (50% below median its 10-year median of 12.85)
GF Value™: ₹1,690.81 vs. price of ₹1,221.80 (27.7% below fair value)
Industry Position: 58.8% above the Manufacturing - Apparel & Accessories median (#463 of 1043)
No single metric tells the full story. See the NSE:LUXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lux Industries Ltd is an Indian company that is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomers, slacks and slips, and winter wear. It has three distinct business verticals each specializing in the production, marketing, and distribution of products under various brands such as; Vertical A comprises Lux Cozi, ONN, Lux Cotts wool, Lux Mozze, and One8 brands; Vertical B includes Lux Venus, Lyra, Lux Inferno, and Lux Nitro; and Vertical C includes GenX, Lux Classic, Lux Karishma, and Lux Amore brands. Maximum revenue is generated from Verticle B. Geographically, it caters to both domestic and international markets and derives its key revenue within India.
77GF Score
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