Manba FinanceNSE:MANBA +1.57%38 Operating Margin % is 27.64% as of Mar. 2026, which is 4% above its 10-year median of 26.63. GuruFocus rates NSE:MANBA with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 412 Credit Services companies, Manba Finance ranks better than 61.89% on this metric.
Manba Finance Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Manba Finance's Operating Margin % or its related term are showing as below:
NSE:MANBA'
s Operating Margin % Range Over the Past 10 Years
Min: 23.71 Med: 26.63 Max: 28.19
Current: 26.91
NSE:MANBA's Operating Margin % is ranked better than 61.89% of 412
companies
in the Credit Services industry
Industry Median: 17.325
vs NSE:MANBA: 26.91
Manba Finance's 5-Year Average Operating Margin % Growth Rate was 2.00% per year.
Manba Finance (NSE:MANBA) 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.
Manba Finance Operating Margin % Related Terms
Manba Finance Operating Margin % Historical Data
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The historical data trend for Manba Finance'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:MANBA vs V, MA, AXP: Operating Margin % Comparison
For the Credit Services subindustry, Manba Finance'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.
Manba Finance Operating Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Manba Finance's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Manba Finance'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.
Manba Finance'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.
Manba Finance (NSE:MANBA) has a Operating Margin % of 27.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Manba Finance and its competitors. This is near median its historical median of 26.63. Over the past decade, Manba Finance's Operating Margin % has ranged from 23.71 to 28.19. According to the industry distribution chart, Manba Finance ranks #157 out of 412 companies in the Credit Services industry, placing it in the top 38.1%.
Is Manba Finance's Operating Margin % too high?
Manba Finance's current Operating Margin % of 27.64% is near median its 10-year median of 26.63. Over the past 10 years, this metric has ranged from a low of 23.71 to a high of 28.19. The Credit Services industry median Operating Margin % is 17.33. Manba Finance's value of 27.64% is 59.5% above this industry median. Based on the distribution chart, Manba Finance ranks #157 out of 412 companies in the Credit Services industry, which is above the industry midpoint. Overall, Manba Finance has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Manba Finance's Operating Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Manba Finance ranks #157 out of 412 companies for Operating Margin %. This puts Manba Finance in the upper half of its industry. The industry median Operating Margin % is 17.33. Manba Finance's value of 27.64% is 59.5% above this benchmark. Historically, Manba Finance's own Operating Margin % has ranged from 23.71 to 28.19 over the past decade. While the company's 10-year median is 26.63 vs. the industry median of 17.33, Manba Finance 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 Credit Services company?
The median Operating Margin % among Credit Services companies is 17.33, based on 412 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. Manba Finance's current Operating Margin % of 27.64% is 59.5% 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 Manba Finance and its competitors. For the Credit Services industry, the median Operating Margin % is 17.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manba Finance's current Operating Margin % is 27.64%, which is near median its own 10-year median of 26.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manba Finance stock overvalued right now?
Manba Finance (NSE:MANBA) has a current Operating Margin % of 27.64%. The current Operating Margin % is 27.64%, which is near median its 10-year median of 26.63 and 59.5% above the Credit Services industry median of 17.33. Manba Finance's overall GF Score™ is 38/100 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 Manba Finance (NSE:MANBA), the current Operating Margin % is 27.64% 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.
Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans, and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban, and metropolitan cities and towns, serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh.
38GF Score
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