Mangalam Worldwide (NSE:MWL) Operating Margin %: 9.51% (As of Mar. 2026) — 362% Above Median


NSE:MWL Mangalam Worldwide Ltd NSE:MWL
54 GF Score
Price ₹371.05
! 4 Warning Signs
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What is Mangalam Worldwide Operating Margin %?

Mangalam Worldwide NSE:MWL +0.90% 54 Operating Margin % is 9.51% as of Mar. 2026, which is 362% above its 10-year median of 2.06. GuruFocus rates NSE:MWL with a GF Score™ of 54/100. The stock has 4 warning signs investors should review. Among 615 Steel companies, Mangalam Worldwide ranks better than 69.92% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mangalam Worldwide's Operating Income for the three months ended in Mar. 2026 was ₹252 Mil. Mangalam Worldwide's Revenue for the three months ended in Mar. 2026 was ₹2,650 Mil. Therefore, Mangalam Worldwide's Operating Margin % for the quarter that ended in Mar. 2026 was 9.51%.

Good Sign:

Mangalam Worldwide Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Mangalam Worldwide's Operating Margin % or its related term are showing as below:

NSE:MWL' s Operating Margin % Range Over the Past 10 Years
Min: 0.11   Med: 2.06   Max: 6.68
Current: 6.68


NSE:MWL's Operating Margin % is ranked better than
69.92% of 615 companies
in the Steel industry
Industry Median: 2.99 vs NSE:MWL: 6.68

Mangalam Worldwide's 5-Year Average Operating Margin % Growth Rate was 30.30% per year.

Mangalam Worldwide's Operating Income for the three months ended in Mar. 2026 was ₹252 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹807 Mil.


Mangalam Worldwide  (NSE:MWL) 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 Nokia’s 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.


Mangalam Worldwide Operating Margin % Related Terms


Mangalam Worldwide Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide Operating Margin % Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 1.99 2.13 3.82 4.35 6.68

Mangalam Worldwide Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.96 4.94 5.74 6.76 9.51

NSE:MWL vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Worldwide's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mangalam Worldwide's Operating Margin % falls into.


NSE:MWL
54GF Score
Mangalam Worldwide Ltd NSE:MWL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Worldwide 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.

Mangalam Worldwide's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=806.858 / 12079.806
=6.68 %

Mangalam Worldwide's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=251.848 / 2649.51
=9.51 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 9.51% mean?
Mangalam Worldwide (NSE:MWL) has a Operating Margin % of 9.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mangalam Worldwide and its competitors. This is 362% above median its historical median of 2.06. Over the past decade, Mangalam Worldwide's Operating Margin % has ranged from 0.11 to 6.68. According to the industry distribution chart, Mangalam Worldwide ranks #185 out of 615 companies in the Steel industry, placing it in the top 30.1%.
Is Mangalam Worldwide's Operating Margin % too high?
Mangalam Worldwide's current Operating Margin % of 9.51% is 362% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 6.68. The Steel industry median Operating Margin % is 2.99. Mangalam Worldwide's value of 9.51% is 218.1% above this industry median. Based on the distribution chart, Mangalam Worldwide ranks #185 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Mangalam Worldwide has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Worldwide's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mangalam Worldwide ranks #185 out of 615 companies for Operating Margin %. This puts Mangalam Worldwide in the upper half of its industry. The industry median Operating Margin % is 2.99. Mangalam Worldwide's value of 9.51% is 218.1% above this benchmark. Historically, Mangalam Worldwide's own Operating Margin % has ranged from 0.11 to 6.68 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 2.99, Mangalam Worldwide 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 Steel company?
The median Operating Margin % among Steel companies is 2.99, based on 615 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. Mangalam Worldwide's current Operating Margin % of 9.51% is 218.1% 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 Mangalam Worldwide and its competitors. For the Steel industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Worldwide's current Operating Margin % is 9.51%, which is 362% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Worldwide stock overvalued right now?
Mangalam Worldwide (NSE:MWL) has a current Operating Margin % of 9.51%. The current Operating Margin % is 9.51%, which is 362% above median its 10-year median of 2.06 and 218.1% above the Steel industry median of 2.99. Mangalam Worldwide's overall GF Score™ is 54/100 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 Mangalam Worldwide (NSE:MWL), the current Operating Margin % is 9.51% 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.

Mangalam Worldwide Business Description

Other Exchanges 544764:India
Address 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Steel Products viz Billets, Ingots, Forged Roundbars, Forged Bright Roundbars, Roundbars, RCS Bars, Brightbars and Seamless Pipes & Tubes, Electric Resistance Welded (ERW) Pipes & Tubes. It operates in India and Outside India, of which it derives maximum revenue from India.
54GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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