NTPC Green Energy (NSE:NTPCGREEN) Operating Margin %: 50.06% (As of Mar. 2026) — 10% Below Median


NSE:NTPCGREEN NTPC Green Energy Ltd NSE:NTPCGREEN
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What is NTPC Green Energy Operating Margin %?

NTPC Green Energy NSE:NTPCGREEN +1.11% 10 Operating Margin % is 50.06% as of Mar. 2026, which is 10% below its 10-year median of 55.55. GuruFocus rates NSE:NTPCGREEN with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, NTPC Green Energy ranks better than 91.37% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. NTPC Green Energy's Operating Income for the three months ended in Mar. 2026 was ₹4,569 Mil. NTPC Green Energy's Revenue for the three months ended in Mar. 2026 was ₹9,126 Mil. Therefore, NTPC Green Energy's Operating Margin % for the quarter that ended in Mar. 2026 was 50.06%.

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

NSE:NTPCGREEN' s Operating Margin % Range Over the Past 10 Years
Min: 48.04   Med: 55.55   Max: 62.14
Current: 48.04


NSE:NTPCGREEN's Operating Margin % is ranked better than
91.37% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.27 vs NSE:NTPCGREEN: 48.04

NTPC Green Energy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

NTPC Green Energy's Operating Income for the three months ended in Mar. 2026 was ₹4,569 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13,731 Mil.


NTPC Green Energy  (NSE:NTPCGREEN) 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.


NTPC Green Energy Operating Margin % Related Terms


NTPC Green Energy Operating Margin % Historical Data

* Premium members only.

The historical data trend for NTPC Green Energy'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.

NTPC Green Energy Operating Margin % Chart

NTPC Green Energy Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Operating Margin %
62.14 58.67 52.43 48.04

NTPC Green Energy Quarterly Data
Mar23 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 56.95 55.90 43.81 40.98 50.06

NTPC Green Energy Operating Margin % Competitor Comparison

For the Utilities - Renewable subindustry, NTPC Green Energy'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.


NTPC Green Energy Operating Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NTPC Green Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where NTPC Green Energy's Operating Margin % falls into.


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NTPC Green Energy Ltd NSE:NTPCGREEN
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NTPC Green Energy 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.

NTPC Green Energy'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 )
=13731.1 / 28584.2
=48.04 %

NTPC Green Energy'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 )
=4568.9 / 9126.3
=50.06 %

* 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 50.06% mean?
NTPC Green Energy (NSE:NTPCGREEN) has a Operating Margin % of 50.06% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NTPC Green Energy and its competitors. This is 10% below median its historical median of 55.55. Over the past decade, NTPC Green Energy's Operating Margin % has ranged from 48.04 to 62.14. According to the industry distribution chart, NTPC Green Energy ranks #36 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.6%.
Is NTPC Green Energy's Operating Margin % too high?
NTPC Green Energy's current Operating Margin % of 50.06% is 10% below median its 10-year median of 55.55. Over the past 10 years, this metric has ranged from a low of 48.04 to a high of 62.14. The Utilities - Independent Power Producers industry median Operating Margin % is 13.27. NTPC Green Energy's value of 50.06% is 277.2% above this industry median. Based on the distribution chart, NTPC Green Energy ranks #36 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, NTPC Green Energy has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTPC Green Energy's Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NTPC Green Energy ranks #36 out of 417 companies for Operating Margin %. This places NTPC Green Energy in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.27. NTPC Green Energy's value of 50.06% is 277.2% above this benchmark. Historically, NTPC Green Energy's own Operating Margin % has ranged from 48.04 to 62.14 over the past decade. While the company's 10-year median is 55.55 vs. the industry median of 13.27, NTPC Green Energy 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.27, based on 417 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. NTPC Green Energy's current Operating Margin % of 50.06% is 277.2% 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 NTPC Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC Green Energy's current Operating Margin % is 50.06%, which is 10% below median its own 10-year median of 55.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTPC Green Energy stock overvalued right now?
NTPC Green Energy (NSE:NTPCGREEN) has a current Operating Margin % of 50.06%. The current Operating Margin % is 50.06%, which is 10% below median its 10-year median of 55.55 and 277.2% above the Utilities - Independent Power Producers industry median of 13.27. NTPC Green Energy's overall GF Score™ is 10/100 with 5 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 NTPC Green Energy (NSE:NTPCGREEN), the current Operating Margin % is 50.06% 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.

NTPC Green Energy Business Description

Other Exchanges 544289:India
Address E-3, Udyog Vihar Phase II, Renewable Building Netra Complex, Ecotech II, Udyog Vihar, Gautam Buddha Nagar, Greater Noida, Noida, UP, IND, 201306
NTPC Green Energy Ltd is a renewable energy public sector enterprise. It is engaged in the business of power generation through non-conventional, renewable energy sources in all its aspects, whether wind, hydro, solar, tidal, geothermal, biomass, wave, waste, hybrid, or any other form, and production of green molecules, etc. Geographically, the company's operations are mainly carried out within India.
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