Shah Metacorp (NSE:SHAH) Operating Margin %: -8.29% (As of Mar. 2026)


NSE:SHAH Shah Metacorp Ltd NSE:SHAH
61 GF Score
Price ₹4.08
GF Value ₹2.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shah Metacorp Operating Margin %?

Shah Metacorp NSE:SHAH -7.06% 61 Operating Margin % is -8.29% as of Mar. 2026. GuruFocus rates NSE:SHAH with a GF Score™ of 61/100 and a GF Value™ of ₹2.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 615 Steel companies, Shah Metacorp ranks worse than 77.72% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shah Metacorp's Operating Income for the three months ended in Mar. 2026 was ₹-52 Mil. Shah Metacorp's Revenue for the three months ended in Mar. 2026 was ₹623 Mil. Therefore, Shah Metacorp's Operating Margin % for the quarter that ended in Mar. 2026 was -8.29%.

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

NSE:SHAH' s Operating Margin % Range Over the Past 10 Years
Min: -172.95   Med: -9.87   Max: 4.29
Current: -1.16


NSE:SHAH's Operating Margin % is ranked worse than
77.72% of 615 companies
in the Steel industry
Industry Median: 2.99 vs NSE:SHAH: -1.16

Shah Metacorp's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Shah Metacorp's Operating Income for the three months ended in Mar. 2026 was ₹-52 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24 Mil.


Shah Metacorp  (NSE:SHAH) 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.


Shah Metacorp Operating Margin % Related Terms


Shah Metacorp Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shah Metacorp'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.

Shah Metacorp Operating Margin % Chart

Shah Metacorp 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 -49.61 -17.38 0.07 4.29 -1.16

Shah Metacorp 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 3.88 7.28 0.88 0.12 -8.29

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

For the Steel subindustry, Shah Metacorp'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.


Shah Metacorp Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Shah Metacorp's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shah Metacorp's Operating Margin % falls into.


NSE:SHAH
61GF Score
Shah Metacorp Ltd NSE:SHAH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shah Metacorp 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.

Shah Metacorp'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 )
=-24.113 / 2079.929
=-1.16 %

Shah Metacorp'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 )
=-51.623 / 622.812
=-8.29 %

* 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 -8.29% mean?
Shah Metacorp (NSE:SHAH) has a Operating Margin % of -8.29% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shah Metacorp and its competitors. According to the industry distribution chart, Shah Metacorp ranks #478 out of 615 companies in the Steel industry, placing it in the top 77.7%.
Is Shah Metacorp's Operating Margin % too high?
Shah Metacorp's current Operating Margin % is -8.29%. Based on the distribution chart, Shah Metacorp ranks #478 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shah Metacorp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Metacorp's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Metacorp ranks #478 out of 615 companies for Operating Margin %. This places Shah Metacorp in the lower half of its industry. The industry median Operating Margin % is 2.99. 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. 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 Shah Metacorp 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. Shah Metacorp's current Operating Margin % is -8.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Metacorp stock overvalued right now?
Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.93, compared to a current price of ₹4.08 — trading 39.2% above its estimated fair value. The current Operating Margin % is -8.29%. Shah Metacorp's overall GF Score™ is 61/100 with 4 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 Shah Metacorp (NSE:SHAH), the current Operating Margin % is -8.29% 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?

Based on GuruFocus' analysis, Shah Metacorp stock appears to be overvalued. The current stock price of ₹4.08 is trading 39.2% above its estimated GF Value™ of ₹2.93. GuruFocus considers Shah Metacorp to be Significantly Overvalued.

Key valuation signals for NSE:SHAH:

  • Operating Margin %: -8.29%
  • GF Value™: ₹2.93 vs. price of ₹4.08 (39.2% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Shah Metacorp Business Description

Other Exchanges 533275:India
Address Ashram Road, Mrudul Tower, 2nd Floor, Behind Times of India, Ahmedabad, GJ, IND, 380009
Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.
61GF Score

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

₹4.08
Price
₹2.93
GF Value