S D Retail (NSE:SDREAMS) Operating Margin %: 12.04% (As of Mar. 2026) — 68% Above Median


NSE:SDREAMS S D Retail Ltd NSE:SDREAMS
39 GF Score
Price ₹91.00
! 5 Warning Signs
View Full Analysis

What is S D Retail Operating Margin %?

S D Retail NSE:SDREAMS 39 Operating Margin % is 12.04% as of Mar. 2026, which is 68% above its 10-year median of 7.17. GuruFocus rates NSE:SDREAMS with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, S D Retail ranks better than 67.18% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. S D Retail's Operating Income for the six months ended in Mar. 2026 was ₹142 Mil. S D Retail's Revenue for the six months ended in Mar. 2026 was ₹1,177 Mil. Therefore, S D Retail's Operating Margin % for the quarter that ended in Mar. 2026 was 12.04%.

Good Sign:

S D Retail Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:SDREAMS' s Operating Margin % Range Over the Past 10 Years
Min: 2.45   Med: 7.17   Max: 10.23
Current: 7.53


NSE:SDREAMS's Operating Margin % is ranked better than
67.18% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085 vs NSE:SDREAMS: 7.53

S D Retail's 5-Year Average Operating Margin % Growth Rate was 14.60% per year.

S D Retail's Operating Income for the six months ended in Mar. 2026 was ₹142 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹147 Mil.


S D Retail  (NSE:SDREAMS) 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.


S D Retail Operating Margin % Related Terms


S D Retail Operating Margin % Historical Data

* Premium members only.

The historical data trend for S D Retail'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.

S D Retail Operating Margin % Chart

S D Retail Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 10.23 5.43 7.81 6.81 7.53

S D Retail Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only 14.15 1.90 10.27 0.75 12.04

NSE:SDREAMS vs RL, LEVI, VFC: Operating Margin % Comparison

For the Apparel Manufacturing subindustry, S D Retail'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.


S D Retail Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, S D Retail's Operating Margin % distribution charts can be found below:

* The bar in red indicates where S D Retail's Operating Margin % falls into.


NSE:SDREAMS
39GF Score
S D Retail Ltd NSE:SDREAMS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S D Retail 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.

S D Retail'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 )
=147.489 / 1959.854
=7.53 %

S D Retail'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 )
=141.654 / 1176.762
=12.04 %

* 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 12.04% mean?
S D Retail (NSE:SDREAMS) has a Operating Margin % of 12.04% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on S D Retail and its competitors. This is 68% above median its historical median of 7.17. Over the past decade, S D Retail's Operating Margin % has ranged from 2.45 to 10.23. According to the industry distribution chart, S D Retail ranks #342 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.8%.
Is S D Retail's Operating Margin % too high?
S D Retail's current Operating Margin % of 12.04% is 68% above median its 10-year median of 7.17. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 10.23. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. S D Retail's value of 12.04% is 194.7% above this industry median. Based on the distribution chart, S D Retail ranks #342 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, S D Retail has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does S D Retail's Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, S D Retail ranks #342 out of 1042 companies for Operating Margin %. This puts S D Retail in the upper half of its industry. The industry median Operating Margin % is 4.09. S D Retail's value of 12.04% is 194.7% above this benchmark. Historically, S D Retail's own Operating Margin % has ranged from 2.45 to 10.23 over the past decade. While the company's 10-year median is 7.17 vs. the industry median of 4.09, S D Retail 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,042 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. S D Retail's current Operating Margin % of 12.04% is 194.7% 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 S D Retail and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S D Retail's current Operating Margin % is 12.04%, which is 68% above median its own 10-year median of 7.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S D Retail stock overvalued right now?
S D Retail (NSE:SDREAMS) has a current Operating Margin % of 12.04%. The current Operating Margin % is 12.04%, which is 68% above median its 10-year median of 7.17 and 194.7% above the Manufacturing - Apparel & Accessories industry median of 4.09. S D Retail's overall GF Score™ is 39/100 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 S D Retail (NSE:SDREAMS), the current Operating Margin % is 12.04% 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.

S D Retail Business Description

Address C-929, Stratum at Venus ground, Near Jhansi Ki Rani Statue, Nehrunagar, Ambawadi, Ahmedabad, GJ, IND, 380006
S D Retail Ltd is in the business of designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name SWEET DREAMS. It is a sleepwear-focused company offering a portfolio of stylish and comfortable sleepwear for the entire family. The company designs products to cater to men and women across all age groups, including kids, and includes Pyjamas, Night Sets, Nighties, T-shirts, etc. Key revenue is generated from India.
39GF Score

Get the complete analysis for NSE:SDREAMS

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

₹91.00
Price