Manav infra projectsNSE:MANAV 71 Operating Margin % is 12.60% as of Mar. 2026, which is 9% above its 10-year median of 11.59. GuruFocus rates NSE:MANAV with a GF Score™ of 71/100 and a GF Value™ of ₹28.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,767 Construction companies, Manav infra projects ranks better than 78.66% on this metric.
Manav infra projects (NSE:MANAV) 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.
Manav infra projects Operating Margin % Related Terms
Manav infra projects Operating Margin % Historical Data
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The historical data trend for Manav infra projects'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:MANAV vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Manav infra projects'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.
Manav infra projects Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Manav infra projects's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Manav infra projects's Operating Margin % falls into.
Manav infra projects 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.
Manav infra projects'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.
Manav infra projects (NSE:MANAV) has a Operating Margin % of 12.60% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Manav infra projects and its competitors. This is near median its historical median of 11.59. According to the industry distribution chart, Manav infra projects ranks #377 out of 1767 companies in the Construction industry, placing it in the top 21.3%.
Is Manav infra projects' Operating Margin % too high?
Manav infra projects' current Operating Margin % of 12.60% is near median its 10-year median of 11.59. The Construction industry median Operating Margin % is 5.89. Manav infra projects' value of 12.60% is 113.9% above this industry median. Based on the distribution chart, Manav infra projects ranks #377 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Manav infra projects has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manav infra projects' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Manav infra projects ranks #377 out of 1767 companies for Operating Margin %. This places Manav infra projects in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. Manav infra projects' value of 12.60% is 113.9% above this benchmark. While the company's 10-year median is 11.59 vs. the industry median of 5.89, Manav infra projects 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Manav infra projects's current Operating Margin % of 12.60% is 113.9% 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 Manav infra projects and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manav infra projects's current Operating Margin % is 12.60%, which is near median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manav infra projects stock overvalued right now?
Based on GuruFocus' analysis, Manav infra projects (NSE:MANAV) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹28.52, compared to a current price of ₹39.25 — trading 37.6% above its estimated fair value. The current Operating Margin % is 12.60%, which is near median its 10-year median of 11.59 and 113.9% above the Construction industry median of 5.89. Manav infra projects' overall GF Score™ is 71/100 with 3 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 Manav infra projects (NSE:MANAV), the current Operating Margin % is 12.60% 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 Manav infra projects (NSE:MANAV) Overvalued in 2026?
Based on GuruFocus' analysis, Manav infra projects stock appears to be overvalued.
The current stock price of ₹39.25 is trading 37.6% above its estimated GF Value™ of ₹28.52.
GuruFocus considers Manav infra projects to be Significantly Overvalued.
Key valuation signals for NSE:MANAV:
Operating Margin %: 12.60% (near median its 10-year median of 11.59)
GF Value™: ₹28.52 vs. price of ₹39.25 (37.6% above fair value)
Industry Position: 113.9% above the Construction median (#377 of 1767)
No single metric tells the full story. See the NSE:MANAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manav infra projects Ltd is s engaged in infrastructure Development, Infrastructure projects, works Contracts, Site preparation and Clearance services to Real estate sector. It involves civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work and others.
71GF Score
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