Niraj Ispat Industries (NSE:NIRAJISPAT) Operating Margin %: 21.41% (As of Dec. 2025) — 61% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NIRAJISPAT Niraj Ispat Industries Ltd NSE:NIRAJISPAT
33 GF Score
Price ₹387.80
! 3 Warning Signs
View Full Analysis

What is Niraj Ispat Industries Operating Margin %?

Niraj Ispat Industries NSE:NIRAJISPAT -5.00% 33 Operating Margin % is 21.41% as of Dec. 2025, which is 61% above its 10-year median of 13.27. GuruFocus rates NSE:NIRAJISPAT with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,041 Manufacturing - Apparel & Accessories companies, Niraj Ispat Industries ranks better than 96.64% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Niraj Ispat Industries's Operating Income for the three months ended in Dec. 2025 was ₹1.70 Mil. Niraj Ispat Industries's Revenue for the three months ended in Dec. 2025 was ₹7.93 Mil. Therefore, Niraj Ispat Industries's Operating Margin % for the quarter that ended in Dec. 2025 was 21.41%.

Good Sign:

Niraj Ispat Industries Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:NIRAJISPAT' s Operating Margin % Range Over the Past 10 Years
Min: 0.63   Med: 13.27   Max: 27.57
Current: 21.93


NSE:NIRAJISPAT's Operating Margin % is ranked better than
96.64% of 1041 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.39 vs NSE:NIRAJISPAT: 21.93

Niraj Ispat Industries's 5-Year Average Operating Margin % Growth Rate was 51.10% per year.

Niraj Ispat Industries's Operating Income for the three months ended in Dec. 2025 was ₹1.70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ₹6.01 Mil.


Niraj Ispat Industries  (NSE:NIRAJISPAT) 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.


Niraj Ispat Industries Operating Margin % Related Terms


Niraj Ispat Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for Niraj Ispat 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.

Niraj Ispat Industries Operating Margin % Chart

Niraj Ispat Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 12.47 27.57 9.09 19.66

Niraj Ispat Industries Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 Premium Member Only Premium Member Only 18.61 20.18 23.83 20.37 21.41

NSE:NIRAJISPAT vs RL, LEVI, VFC: Operating Margin % Comparison

For the Apparel Manufacturing subindustry, Niraj Ispat 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.


Niraj Ispat Industries Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Niraj Ispat Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Niraj Ispat Industries's Operating Margin % falls into.


NSE:NIRAJISPAT
33GF Score
Niraj Ispat Industries Ltd NSE:NIRAJISPAT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niraj Ispat Industries 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.

Niraj Ispat Industries's Operating Margin % for the fiscal year that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=7.304 / 37.159
=19.66 %

Niraj Ispat Industries's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1.699 / 7.934
=21.41 %

* 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 21.41% mean?
Niraj Ispat Industries (NSE:NIRAJISPAT) has a Operating Margin % of 21.41% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Niraj Ispat Industries and its competitors. This is 61% above median its historical median of 13.27. Over the past decade, Niraj Ispat Industries' Operating Margin % has ranged from 0.63 to 27.57. According to the industry distribution chart, Niraj Ispat Industries ranks #35 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.4%.
Is Niraj Ispat Industries' Operating Margin % too high?
Niraj Ispat Industries' current Operating Margin % of 21.41% is 61% above median its 10-year median of 13.27. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 27.57. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.39. Niraj Ispat Industries' value of 21.41% is 387.7% above this industry median. Based on the distribution chart, Niraj Ispat Industries ranks #35 out of 1041 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Niraj Ispat Industries has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Niraj Ispat Industries' Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Niraj Ispat Industries ranks #35 out of 1041 companies for Operating Margin %. This places Niraj Ispat Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.39. Niraj Ispat Industries' value of 21.41% is 387.7% above this benchmark. Historically, Niraj Ispat Industries' own Operating Margin % has ranged from 0.63 to 27.57 over the past decade. While the company's 10-year median is 13.27 vs. the industry median of 4.39, Niraj Ispat 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 4.39, based on 1,041 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. Niraj Ispat Industries's current Operating Margin % of 21.41% is 387.7% 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 Niraj Ispat Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Ispat Industries's current Operating Margin % is 21.41%, which is 61% above median its own 10-year median of 13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Ispat Industries stock overvalued right now?
Niraj Ispat Industries (NSE:NIRAJISPAT) has a current Operating Margin % of 21.41%. The current Operating Margin % is 21.41%, which is 61% above median its 10-year median of 13.27 and 387.7% above the Manufacturing - Apparel & Accessories industry median of 4.39. Niraj Ispat Industries' overall GF Score™ is 33/100 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 Niraj Ispat Industries (NSE:NIRAJISPAT), the current Operating Margin % is 21.41% as of Dec. 2025. 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.

Niraj Ispat Industries Business Description

Address 19, G.T. Road, Chaudhry Cinema Building, Ghaziabad, UP, IND, 201001
Niraj Ispat Industries Ltd is engaged in manufacturing Polyester buttons in two or four thread holes used in dresses, sweaters, pouches, and shirts, and can be availed in a variety of colours, sizes, and designs. The sale of its products generates substantial revenue for the firm.
33GF Score

Get the complete analysis for NSE:NIRAJISPAT

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

₹387.80
Price