RBZ Jewellers (NSE:RBZJEWEL) Operating Margin %: 13.47% (As of Jun. 2026) — 11% Above Median

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NSE:RBZJEWEL RBZ Jewellers Ltd NSE:RBZJEWEL
68 GF Score
Price ₹169.00
GF Value ₹201.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is RBZ Jewellers Operating Margin %?

RBZ Jewellers NSE:RBZJEWEL +12.08% 68 Operating Margin % is 13.47% as of Jun. 2026, which is 11% above its 10-year median of 12.17. GuruFocus rates NSE:RBZJEWEL with a GF Score™ of 68/100 and a GF Value™ of ₹201.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,126 Retail - Cyclical companies, RBZ Jewellers ranks better than 85.61% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. RBZ Jewellers's Operating Income for the three months ended in Jun. 2026 was ₹163 Mil. RBZ Jewellers's Revenue for the three months ended in Jun. 2026 was ₹1,208 Mil. Therefore, RBZ Jewellers's Operating Margin % for the quarter that ended in Jun. 2026 was 13.47%.

Warning Sign:

RBZ Jewellers Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

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

NSE:RBZJEWEL' s Operating Margin % Range Over the Past 10 Years
Min: 10.08   Med: 12.17   Max: 17.69
Current: 13.45


NSE:RBZJEWEL's Operating Margin % is ranked better than
85.61% of 1126 companies
in the Retail - Cyclical industry
Industry Median: 4.08 vs NSE:RBZJEWEL: 13.45

RBZ Jewellers's 5-Year Average Operating Margin % Growth Rate was -2.40% per year.

RBZ Jewellers's Operating Income for the three months ended in Jun. 2026 was ₹163 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹917 Mil.


RBZ Jewellers  (NSE:RBZJEWEL) 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.


RBZ Jewellers Operating Margin % Related Terms


RBZ Jewellers Operating Margin % Historical Data

* Premium members only.

The historical data trend for RBZ Jewellers'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.

RBZ Jewellers Operating Margin % Chart

RBZ Jewellers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 10.08 12.66 11.33 11.67 13.95

RBZ Jewellers Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.06 18.85 12.50 10.43 13.47

NSE:RBZJEWEL vs TPR: Operating Margin % Comparison

For the Luxury Goods subindustry, RBZ Jewellers'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.


RBZ Jewellers Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RBZ Jewellers's Operating Margin % distribution charts can be found below:

* The bar in red indicates where RBZ Jewellers's Operating Margin % falls into.


NSE:RBZJEWEL
68GF Score
RBZ Jewellers Ltd NSE:RBZJEWEL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RBZ Jewellers 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.

RBZ Jewellers'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 )
=887.748 / 6364.802
=13.95 %

RBZ Jewellers's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=162.782 / 1208.044
=13.47 %

* 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 13.47% mean?
RBZ Jewellers (NSE:RBZJEWEL) has a Operating Margin % of 13.47% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on RBZ Jewellers and its competitors. This is 11% above median its historical median of 12.17. Over the past decade, RBZ Jewellers' Operating Margin % has ranged from 10.08 to 17.69. According to the industry distribution chart, RBZ Jewellers ranks #162 out of 1126 companies in the Retail - Cyclical industry, placing it in the top 14.4%.
Is RBZ Jewellers' Operating Margin % too high?
RBZ Jewellers' current Operating Margin % of 13.47% is 11% above median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 10.08 to a high of 17.69. The Retail - Cyclical industry median Operating Margin % is 4.08. RBZ Jewellers' value of 13.47% is 230.1% above this industry median. Based on the distribution chart, RBZ Jewellers ranks #162 out of 1126 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, RBZ Jewellers has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RBZ Jewellers' Operating Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, RBZ Jewellers ranks #162 out of 1126 companies for Operating Margin %. This places RBZ Jewellers in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.08. RBZ Jewellers' value of 13.47% is 230.1% above this benchmark. Historically, RBZ Jewellers' own Operating Margin % has ranged from 10.08 to 17.69 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 4.08, RBZ Jewellers 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 4.08, based on 1,126 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. RBZ Jewellers's current Operating Margin % of 13.47% is 230.1% 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 RBZ Jewellers and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RBZ Jewellers's current Operating Margin % is 13.47%, which is 11% above median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RBZ Jewellers stock overvalued right now?
Based on GuruFocus' analysis, RBZ Jewellers (NSE:RBZJEWEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹201.33, compared to a current price of ₹169.00 — trading 16.1% below its estimated fair value. The current Operating Margin % is 13.47%, which is 11% above median its 10-year median of 12.17 and 230.1% above the Retail - Cyclical industry median of 4.08. RBZ Jewellers' overall GF Score™ is 68/100 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 RBZ Jewellers (NSE:RBZJEWEL), the current Operating Margin % is 13.47% as of Jun. 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 RBZ Jewellers (NSE:RBZJEWEL) Overvalued in 2026?

Based on GuruFocus' analysis, RBZ Jewellers stock appears to be undervalued. The current stock price of ₹169.00 is trading 16.1% below its estimated GF Value™ of ₹201.33. GuruFocus considers RBZ Jewellers to be Modestly Undervalued.

Key valuation signals for NSE:RBZJEWEL:

  • Operating Margin %: 13.47% (11% above median its 10-year median of 12.17)
  • GF Value™: ₹201.33 vs. price of ₹169.00 (16.1% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 230.1% above the Retail - Cyclical median (#162 of 1126)

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


RBZ Jewellers Business Description

Other Exchanges 544060:India
Address S.G. Highway, Block-D, Mondeal Retail Park, Near Rajpath Club, Beside Iscon Mall, Ahmedabad, GJ, IND, 380054
RBZ Jewellers Ltd is an organized manufacturer of gold jewelry in India, specializing in Antique Gold Jewellery and distributing it to reputable nationwide retailers and regional players in India. The company operates in a single segment of Jewellery Products.
68GF Score

Get the complete analysis for NSE:RBZJEWEL

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

₹169.00
Price
₹201.33
GF Value