Plaza Wires (NSE:PLAZACABLE) Operating Margin %: 5.62% (As of Mar. 2026) — 11% Below Median


NSE:PLAZACABLE Plaza Wires Ltd NSE:PLAZACABLE
52 GF Score
Price ₹47.05
GF Value ₹117.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Plaza Wires Operating Margin %?

Plaza Wires NSE:PLAZACABLE -0.86% 52 Operating Margin % is 5.62% as of Mar. 2026, which is 11% below its 10-year median of 6.32. GuruFocus rates NSE:PLAZACABLE with a GF Score™ of 52/100 and a GF Value™ of ₹117.36 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,038 Industrial Products companies, Plaza Wires ranks worse than 62.74% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Plaza Wires's Operating Income for the three months ended in Mar. 2026 was ₹63 Mil. Plaza Wires's Revenue for the three months ended in Mar. 2026 was ₹1,115 Mil. Therefore, Plaza Wires's Operating Margin % for the quarter that ended in Mar. 2026 was 5.62%.

Warning Sign:

Plaza Wires Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.6%.

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

NSE:PLAZACABLE' s Operating Margin % Range Over the Past 10 Years
Min: 2.75   Med: 6.32   Max: 8.06
Current: 3.99


NSE:PLAZACABLE's Operating Margin % is ranked worse than
62.74% of 3038 companies
in the Industrial Products industry
Industry Median: 6.53 vs NSE:PLAZACABLE: 3.99

Plaza Wires's 5-Year Average Operating Margin % Growth Rate was -15.60% per year.

Plaza Wires's Operating Income for the three months ended in Mar. 2026 was ₹63 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹127 Mil.


Plaza Wires  (NSE:PLAZACABLE) 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.


Plaza Wires Operating Margin % Related Terms


Plaza Wires Operating Margin % Historical Data

* Premium members only.

The historical data trend for Plaza Wires'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.

Plaza Wires Operating Margin % Chart

Plaza Wires Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 6.81 8.06 4.31 2.75 3.99

Plaza Wires Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 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 3.75 3.03 1.95 4.51 5.62

NSE:PLAZACABLE vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Plaza Wires'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.


Plaza Wires Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plaza Wires's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Plaza Wires's Operating Margin % falls into.


NSE:PLAZACABLE
52GF Score
Plaza Wires Ltd NSE:PLAZACABLE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Plaza Wires 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.

Plaza Wires'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 )
=127.01 / 3180.58
=3.99 %

Plaza Wires'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 )
=62.64 / 1115.27
=5.62 %

* 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 5.62% mean?
Plaza Wires (NSE:PLAZACABLE) has a Operating Margin % of 5.62% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Plaza Wires and its competitors. This is 11% below median its historical median of 6.32. Over the past decade, Plaza Wires' Operating Margin % has ranged from 2.75 to 8.06. According to the industry distribution chart, Plaza Wires ranks #1906 out of 3038 companies in the Industrial Products industry, placing it in the top 62.7%.
Is Plaza Wires' Operating Margin % too high?
Plaza Wires' current Operating Margin % of 5.62% is 11% below median its 10-year median of 6.32. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 8.06. The Industrial Products industry median Operating Margin % is 6.53. Plaza Wires' value of 5.62% is 13.9% below this industry median. Based on the distribution chart, Plaza Wires ranks #1906 out of 3038 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Plaza Wires has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Wires' Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Plaza Wires ranks #1906 out of 3038 companies for Operating Margin %. This places Plaza Wires in the lower half of its industry. The industry median Operating Margin % is 6.53. Plaza Wires' value of 5.62% is 13.9% below this benchmark. Historically, Plaza Wires' own Operating Margin % has ranged from 2.75 to 8.06 over the past decade. While the company's 10-year median is 6.32 vs. the industry median of 6.53, Plaza Wires has consistently been below 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. Plaza Wires's current Operating Margin % of 5.62% is 13.9% below 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 Plaza Wires and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Wires's current Operating Margin % is 5.62%, which is 11% below median its own 10-year median of 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Wires stock overvalued right now?
Based on GuruFocus' analysis, Plaza Wires (NSE:PLAZACABLE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹117.36, compared to a current price of ₹47.05 — trading 59.9% below its estimated fair value. The current Operating Margin % is 5.62%, which is 11% below median its 10-year median of 6.32 and 13.9% below the Industrial Products industry median of 6.53. Plaza Wires' overall GF Score™ is 52/100 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 Plaza Wires (NSE:PLAZACABLE), the current Operating Margin % is 5.62% 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 Plaza Wires (NSE:PLAZACABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Plaza Wires stock appears to be undervalued. The current stock price of ₹47.05 is trading 59.9% below its estimated GF Value™ of ₹117.36. GuruFocus considers Plaza Wires to be Significantly Undervalued.

Key valuation signals for NSE:PLAZACABLE:

  • Operating Margin %: 5.62% (11% below median its 10-year median of 6.32)
  • GF Value™: ₹117.36 vs. price of ₹47.05 (59.9% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 13.9% below the Industrial Products median (#1906 of 3038)

No single metric tells the full story. See the NSE:PLAZACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plaza Wires Business Description

Other Exchanges 544003:India
Address A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020
Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.
52GF Score

Get the complete analysis for NSE:PLAZACABLE

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

₹47.05
Price
₹117.36
GF Value