Operating Margin % is calculated as Operating Income divided by its Revenue. Punj Lloyd's Operating Income for the
six
months ended in Mar. 2026 was ₹407 Mil. Punj Lloyd's Revenue for the
six
months ended in Mar. 2026 was ₹1,957 Mil. Therefore, Punj Lloyd's Operating Margin % for the quarter that ended in Mar. 2026 was 20.80%.
The historical rank and industry rank for Punj Lloyd's Operating Margin % or its related term are showing as below:
NSE:PUNJLLOYD'
s Operating Margin % Range Over the Past 10 Years
Min: -1395.92 Med: -10.93 Max: 33.66
Current: 20.8
NSE:PUNJLLOYD's Operating Margin % is not ranked
in the Construction industry.
Industry Median: 5.895
vs NSE:PUNJLLOYD: 20.80
Punj Lloyd's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Punj Lloyd's Operating Income for the
six
months ended in Mar. 2026 was ₹407 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹407 Mil.
Warning Sign:
Punj Lloyd Ltd had lost money in 67% of the time over the past 3quarters.
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.
Punj Lloyd Operating Margin % Related Terms
Punj Lloyd Operating Margin % Historical Data
* Premium members only.
The historical data trend for Punj Lloyd'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:PUNJLLOYD vs SFHI: Operating Margin % Comparison
For the Engineering & Construction subindustry, Punj Lloyd'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.
Punj Lloyd Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Punj Lloyd's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Punj Lloyd'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.
Punj Lloyd'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.
Punj Lloyd (NSE:PUNJLLOYD) has a Operating Margin % of 20.80% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Punj Lloyd and its competitors.
Is Punj Lloyd's Operating Margin % too high?
Punj Lloyd's current Operating Margin % is 20.80%. The Construction industry median Operating Margin % is 5.90. Punj Lloyd's value of 20.80% is 252.8% above this industry median.
How does Punj Lloyd's Operating Margin % compare to SFHI?
Punj Lloyd's Operating Margin % of 20.80% can be compared against companies in the Construction industry. The industry median Operating Margin % is 5.90. Punj Lloyd's value of 20.80% is 252.8% above this benchmark. 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 Construction company?
The median Operating Margin % among Construction companies is 5.90, based on 1,762 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. Punj Lloyd's current Operating Margin % of 20.80% is 252.8% 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 Punj Lloyd and its competitors. For the Construction industry, the median Operating Margin % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Punj Lloyd's current Operating Margin % is 20.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punj Lloyd stock overvalued right now?
Punj Lloyd (NSE:PUNJLLOYD) has a current Operating Margin % of 20.80%. The current Operating Margin % is 20.80% and 252.8% above the Construction industry median of 5.90. 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 Punj Lloyd (NSE:PUNJLLOYD), the current Operating Margin % is 20.80% 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.
Punj Lloyd Ltd is an engineering, procurement, and construction company operating across energy, infrastructure, and defense sectors. The company provides services including building pipelines, tanks, process facilities, transportation infrastructure, and specialized defense manufacturing. Its operations span multiple regions, including the Middle East, Africa, Asia Pacific, South Asia, and Europe. Punj Lloyd generates revenue by providing contracting services across the sectors, serving both domestic and international clients.
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