Sandur Manganese And Iron Ores (NSE:SANDUMA) Operating Margin %: 22.02% (As of Mar. 2026) — Near Median


NSE:SANDUMA Sandur Manganese And Iron Ores Ltd NSE:SANDUMA
74 GF Score
Price ₹207.03
GF Value ₹300.67
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sandur Manganese And Iron Ores Operating Margin %?

Sandur Manganese And Iron Ores NSE:SANDUMA -0.32% 74 Operating Margin % is 22.02% as of Mar. 2026, which is 9% below its 10-year median of 24.08. GuruFocus rates NSE:SANDUMA with a GF Score™ of 74/100 and a GF Value™ of ₹300.67 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 615 Steel companies, Sandur Manganese And Iron Ores ranks better than 94.31% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sandur Manganese And Iron Ores's Operating Income for the three months ended in Mar. 2026 was ₹3,328 Mil. Sandur Manganese And Iron Ores's Revenue for the three months ended in Mar. 2026 was ₹15,114 Mil. Therefore, Sandur Manganese And Iron Ores's Operating Margin % for the quarter that ended in Mar. 2026 was 22.02%.

Warning Sign:

Sandur Manganese And Iron Ores Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -12.2%.

The historical rank and industry rank for Sandur Manganese And Iron Ores's Operating Margin % or its related term are showing as below:

NSE:SANDUMA' s Operating Margin % Range Over the Past 10 Years
Min: 16.94   Med: 24.08   Max: 41.08
Current: 19.6


NSE:SANDUMA's Operating Margin % is ranked better than
94.31% of 615 companies
in the Steel industry
Industry Median: 2.99 vs NSE:SANDUMA: 19.60

Sandur Manganese And Iron Ores's 5-Year Average Operating Margin % Growth Rate was -12.20% per year.

Sandur Manganese And Iron Ores's Operating Income for the three months ended in Mar. 2026 was ₹3,328 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9,974 Mil.


Sandur Manganese And Iron Ores  (NSE:SANDUMA) 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.


Sandur Manganese And Iron Ores Operating Margin % Related Terms


Sandur Manganese And Iron Ores Operating Margin % Historical Data

* Premium members only.

The historical data trend for Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores Operating Margin % Chart

Sandur Manganese And Iron Ores Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.08 16.94 21.19 21.18 19.60

Sandur Manganese And Iron Ores Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only 19.83 21.86 17.80 16.30 22.02

NSE:SANDUMA vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Sandur Manganese And Iron Ores'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.


Sandur Manganese And Iron Ores Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sandur Manganese And Iron Ores's Operating Margin % falls into.


NSE:SANDUMA
74GF Score
Sandur Manganese And Iron Ores Ltd NSE:SANDUMA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandur Manganese And Iron Ores 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.

Sandur Manganese And Iron Ores'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 )
=9974.3 / 50884.2
=19.60 %

Sandur Manganese And Iron Ores'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 )
=3327.7 / 15113.9
=22.02 %

* 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 22.02% mean?
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a Operating Margin % of 22.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Sandur Manganese And Iron Ores and its competitors. This is near median its historical median of 24.08. Over the past decade, Sandur Manganese And Iron Ores' Operating Margin % has ranged from 16.94 to 41.08. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #35 out of 615 companies in the Steel industry, placing it in the top 5.7%.
Is Sandur Manganese And Iron Ores' Operating Margin % too high?
Sandur Manganese And Iron Ores' current Operating Margin % of 22.02% is near median its 10-year median of 24.08. Over the past 10 years, this metric has ranged from a low of 16.94 to a high of 41.08. The Steel industry median Operating Margin % is 2.99. Sandur Manganese And Iron Ores' value of 22.02% is 636.5% above this industry median. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #35 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #35 out of 615 companies for Operating Margin %. This places Sandur Manganese And Iron Ores in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.99. Sandur Manganese And Iron Ores' value of 22.02% is 636.5% above this benchmark. Historically, Sandur Manganese And Iron Ores' own Operating Margin % has ranged from 16.94 to 41.08 over the past decade. While the company's 10-year median is 24.08 vs. the industry median of 2.99, Sandur Manganese And Iron Ores 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 Steel company?
The median Operating Margin % among Steel companies is 2.99, based on 615 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. Sandur Manganese And Iron Ores's current Operating Margin % of 22.02% is 636.5% 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 Sandur Manganese And Iron Ores and its competitors. For the Steel industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandur Manganese And Iron Ores's current Operating Margin % is 22.02%, which is near median its own 10-year median of 24.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹300.67, compared to a current price of ₹207.03 — trading 31.1% below its estimated fair value. The current Operating Margin % is 22.02%, which is near median its 10-year median of 24.08 and 636.5% above the Steel industry median of 2.99. Sandur Manganese And Iron Ores' overall GF Score™ is 74/100 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current Operating Margin % is 22.02% 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?

Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued. The current stock price of ₹207.03 is trading 31.1% below its estimated GF Value™ of ₹300.67. GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.

Key valuation signals for NSE:SANDUMA:

  • Operating Margin %: 22.02% (near median its 10-year median of 24.08)
  • GF Value™: ₹300.67 vs. price of ₹207.03 (31.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 636.5% above the Steel median (#35 of 615)

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


Sandur Manganese And Iron Ores Business Description

Other Exchanges 504918:India
Address Bellary Road, Sandur House, No.9, Sadashivanagar, Bangalore, KA, IND, 560 080
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
74GF Score

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

₹207.03
Price
₹300.67
GF Value