Shanti Gold International (NSE:SHANTIGOLD) Operating Margin %: 9.91% (As of Mar. 2026) — 51% Above Median

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NSE:SHANTIGOLD Shanti Gold International Ltd NSE:SHANTIGOLD
18 GF Score
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! 3 Warning Signs
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What is Shanti Gold International Operating Margin %?

Shanti Gold International NSE:SHANTIGOLD +1.99% 18 Operating Margin % is 9.91% as of Mar. 2026, which is 51% above its 10-year median of 6.56. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Shanti Gold International ranks better than 79.38% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shanti Gold International's Operating Income for the three months ended in Mar. 2026 was ₹653 Mil. Shanti Gold International's Revenue for the three months ended in Mar. 2026 was ₹6,589 Mil. Therefore, Shanti Gold International's Operating Margin % for the quarter that ended in Mar. 2026 was 9.91%.

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

NSE:SHANTIGOLD' s Operating Margin % Range Over the Past 10 Years
Min: 3.83   Med: 6.56   Max: 10.61
Current: 10.61


NSE:SHANTIGOLD's Operating Margin % is ranked better than
79.38% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 3.89 vs NSE:SHANTIGOLD: 10.61

Shanti Gold International's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Shanti Gold International's Operating Income for the three months ended in Mar. 2026 was ₹653 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,831 Mil.


Shanti Gold International  (NSE:SHANTIGOLD) 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.


Shanti Gold International Operating Margin % Related Terms


Shanti Gold International Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shanti Gold International'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.

Shanti Gold International Operating Margin % Chart

Shanti Gold International Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
3.83 5.92 6.56 7.62 9.56

Shanti Gold International Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only 8.79 6.62 13.76 9.21 9.91

NSE:SHANTIGOLD vs TPR: Operating Margin % Comparison

For the Luxury Goods subindustry, Shanti Gold International'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.


Shanti Gold International Operating Margin % vs Retail - Cyclical Industry

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

* The bar in red indicates where Shanti Gold International's Operating Margin % falls into.


NSE:SHANTIGOLD
18GF Score
Shanti Gold International Ltd NSE:SHANTIGOLD
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanti Gold International 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.

Shanti Gold International'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 )
=1929.21 / 20187.09
=9.56 %

Shanti Gold International'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 )
=653.17 / 6589.3
=9.91 %

* 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 9.91% mean?
Shanti Gold International (NSE:SHANTIGOLD) has a Operating Margin % of 9.91% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shanti Gold International and its competitors. This is 51% above median its historical median of 6.56. Over the past decade, Shanti Gold International's Operating Margin % has ranged from 3.83 to 10.61. According to the industry distribution chart, Shanti Gold International ranks #233 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 20.6%.
Is Shanti Gold International's Operating Margin % too high?
Shanti Gold International's current Operating Margin % of 9.91% is 51% above median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 10.61. The Retail - Cyclical industry median Operating Margin % is 3.89. Shanti Gold International's value of 9.91% is 154.8% above this industry median. Based on the distribution chart, Shanti Gold International ranks #233 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's Operating Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #233 out of 1130 companies for Operating Margin %. This places Shanti Gold International in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.89. Shanti Gold International's value of 9.91% is 154.8% above this benchmark. Historically, Shanti Gold International's own Operating Margin % has ranged from 3.83 to 10.61 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 3.89, Shanti Gold International 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 3.89, based on 1,130 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. Shanti Gold International's current Operating Margin % of 9.91% is 154.8% 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 Shanti Gold International and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Gold International's current Operating Margin % is 9.91%, which is 51% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current Operating Margin % of 9.91%. The current Operating Margin % is 9.91%, which is 51% above median its 10-year median of 6.56 and 154.8% above the Retail - Cyclical industry median of 3.89. Shanti Gold International's overall GF Score™ is 18/100 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 Shanti Gold International (NSE:SHANTIGOLD), the current Operating Margin % is 9.91% 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.

Shanti Gold International Business Description

Other Exchanges 544459:India
Address Marol Industrial Area, Road No.-1, Plot No A-51, 2nd Floor to 7th Floor, MIDC, Near Tunga International Hotel, Andheri East, Chakala MIDC, Mumbai, MH, IND, 400093
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
18GF Score

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

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