NilkamalNSE:NILKAMAL -0.17%74 Operating Margin % is 6.07% as of Mar. 2026, which is 10% below its 10-year median of 6.75. GuruFocus rates NSE:NILKAMAL with a GF Score™ of 74/100 and a GF Value™ of ₹2,260.96 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Nilkamal ranks better than 55.89% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Nilkamal's Operating Income for the
three
months ended in Mar. 2026 was ₹586 Mil. Nilkamal's Revenue for the
three
months ended in Mar. 2026 was ₹9,652 Mil. Therefore, Nilkamal's Operating Margin % for the quarter that ended in Mar. 2026 was 6.07%.
Warning Sign:
Nilkamal Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.5%.
The historical rank and industry rank for Nilkamal's Operating Margin % or its related term are showing as below:
NSE:NILKAMAL'
s Operating Margin % Range Over the Past 10 Years
Min: 4.82 Med: 6.75 Max: 9.32
Current: 4.94
NSE:NILKAMAL's Operating Margin % is ranked better than 55.89% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79
vs NSE:NILKAMAL: 4.94
Nilkamal's 5-Year Average Operating Margin % Growth Rate was -6.50% per year.
Nilkamal's Operating Income for the
three
months ended in Mar. 2026 was ₹586 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,865 Mil.
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.
Nilkamal Operating Margin % Related Terms
Nilkamal Operating Margin % Historical Data
* Premium members only.
The historical data trend for Nilkamal'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:NILKAMAL vs SN, SGI, MHK: Operating Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Nilkamal'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.
Nilkamal Operating Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nilkamal's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nilkamal'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.
Nilkamal'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.
Nilkamal (NSE:NILKAMAL) has a Operating Margin % of 6.07% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nilkamal and its competitors. This is 10% below median its historical median of 6.75. Over the past decade, Nilkamal's Operating Margin % has ranged from 4.82 to 9.32. According to the industry distribution chart, Nilkamal ranks #191 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44.1%.
Is Nilkamal's Operating Margin % too high?
Nilkamal's current Operating Margin % of 6.07% is 10% below median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 9.32. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Nilkamal's value of 6.07% is 60.2% above this industry median. Based on the distribution chart, Nilkamal ranks #191 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Nilkamal has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nilkamal's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nilkamal ranks #191 out of 433 companies for Operating Margin %. This puts Nilkamal in the upper half of its industry. The industry median Operating Margin % is 3.79. Nilkamal's value of 6.07% is 60.2% above this benchmark. Historically, Nilkamal's own Operating Margin % has ranged from 4.82 to 9.32 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 3.79, Nilkamal 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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. Nilkamal's current Operating Margin % of 6.07% is 60.2% 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 Nilkamal and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nilkamal's current Operating Margin % is 6.07%, which is 10% below median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nilkamal stock overvalued right now?
Based on GuruFocus' analysis, Nilkamal (NSE:NILKAMAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,260.96, compared to a current price of ₹1,286.40 — trading 43.1% below its estimated fair value. The current Operating Margin % is 6.07%, which is 10% below median its 10-year median of 6.75 and 60.2% above the Furnishings, Fixtures & Appliances industry median of 3.79. Nilkamal's overall GF Score™ is 74/100 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 Nilkamal (NSE:NILKAMAL), the current Operating Margin % is 6.07% 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 Nilkamal (NSE:NILKAMAL) Overvalued in 2026?
Based on GuruFocus' analysis, Nilkamal stock appears to be undervalued.
The current stock price of ₹1,286.40 is trading 43.1% below its estimated GF Value™ of ₹2,260.96.
GuruFocus considers Nilkamal to be Significantly Undervalued.
Key valuation signals for NSE:NILKAMAL:
Operating Margin %: 6.07% (10% below median its 10-year median of 6.75)
GF Value™: ₹2,260.96 vs. price of ₹1,286.40 (43.1% below fair value)
Industry Position: 60.2% above the Furnishings, Fixtures & Appliances median (#191 of 433)
No single metric tells the full story. See the NSE:NILKAMAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nilkamal Ltd is engaged in the manufacturing of moulded plastic articles, polymers, and others. The group operates in two business segments Plastics; and Lifestyle Furniture, Furnishings, and Accessories. It derives a majority of its revenue from the Plastics segment. The products of the company include Plastic chairs, Mattresses, and Bubble Guard among others. The group sells its products in India and also exports it to other countries, of which prime revenue is generated from India.
74GF Score
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