Shri Kanha Stainless (NSE:SHRIKANHA) Operating Margin %: 7.87% (As of Mar. 2026) — 20% Above Median

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NSE:SHRIKANHA Shri Kanha Stainless Ltd NSE:SHRIKANHA
13 GF Score
Price ₹22.65
! 6 Warning Signs
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What is Shri Kanha Stainless Operating Margin %?

Shri Kanha Stainless NSE:SHRIKANHA +4.86% 13 Operating Margin % is 7.87% as of Mar. 2026, which is 20% above its 10-year median of 6.58. GuruFocus rates NSE:SHRIKANHA with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 612 Steel companies, Shri Kanha Stainless ranks better than 73.53% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shri Kanha Stainless's Operating Income for the six months ended in Mar. 2026 was ₹75 Mil. Shri Kanha Stainless's Revenue for the six months ended in Mar. 2026 was ₹954 Mil. Therefore, Shri Kanha Stainless's Operating Margin % for the quarter that ended in Mar. 2026 was 7.87%.

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

NSE:SHRIKANHA' s Operating Margin % Range Over the Past 10 Years
Min: 2.4   Med: 6.58   Max: 8.13
Current: 7.77


NSE:SHRIKANHA's Operating Margin % is ranked better than
73.53% of 612 companies
in the Steel industry
Industry Median: 3.015 vs NSE:SHRIKANHA: 7.77

Shri Kanha Stainless's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Shri Kanha Stainless's Operating Income for the six months ended in Mar. 2026 was ₹75 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹160 Mil.


Shri Kanha Stainless  (NSE:SHRIKANHA) 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.


Shri Kanha Stainless Operating Margin % Related Terms


Shri Kanha Stainless Operating Margin % Historical Data

* Premium members only.

The historical data trend for Shri Kanha Stainless'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.

Shri Kanha Stainless Operating Margin % Chart

Shri Kanha Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Operating Margin %
2.40 5.43 8.13 7.73

Shri Kanha Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Operating Margin % 0.00 0.00 7.82 7.68 7.87

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

For the Steel subindustry, Shri Kanha Stainless'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.


Shri Kanha Stainless Operating Margin % vs Steel Industry

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

* The bar in red indicates where Shri Kanha Stainless's Operating Margin % falls into.


NSE:SHRIKANHA
13GF Score
Shri Kanha Stainless Ltd NSE:SHRIKANHA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Kanha Stainless 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.

Shri Kanha Stainless'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 )
=158.973 / 2056.488
=7.73 %

Shri Kanha Stainless'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 )
=75.077 / 954.235
=7.87 %

* 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 7.87% mean?
Shri Kanha Stainless (NSE:SHRIKANHA) has a Operating Margin % of 7.87% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Shri Kanha Stainless and its competitors. This is 20% above median its historical median of 6.58. Over the past decade, Shri Kanha Stainless' Operating Margin % has ranged from 2.40 to 8.13. According to the industry distribution chart, Shri Kanha Stainless ranks #162 out of 612 companies in the Steel industry, placing it in the top 26.5%.
Is Shri Kanha Stainless' Operating Margin % too high?
Shri Kanha Stainless' current Operating Margin % of 7.87% is 20% above median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 8.13. The Steel industry median Operating Margin % is 3.02. Shri Kanha Stainless' value of 7.87% is 161% above this industry median. Based on the distribution chart, Shri Kanha Stainless ranks #162 out of 612 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Kanha Stainless has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shri Kanha Stainless' Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Kanha Stainless ranks #162 out of 612 companies for Operating Margin %. This puts Shri Kanha Stainless in the upper half of its industry. The industry median Operating Margin % is 3.02. Shri Kanha Stainless' value of 7.87% is 161% above this benchmark. Historically, Shri Kanha Stainless' own Operating Margin % has ranged from 2.40 to 8.13 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 3.02, Shri Kanha Stainless 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 3.02, based on 612 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. Shri Kanha Stainless's current Operating Margin % of 7.87% is 161% 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 Shri Kanha Stainless and its competitors. For the Steel industry, the median Operating Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Kanha Stainless's current Operating Margin % is 7.87%, which is 20% above median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Kanha Stainless stock overvalued right now?
Shri Kanha Stainless (NSE:SHRIKANHA) has a current Operating Margin % of 7.87%. The current Operating Margin % is 7.87%, which is 20% above median its 10-year median of 6.58 and 161% above the Steel industry median of 3.02. Shri Kanha Stainless' overall GF Score™ is 13/100 with 6 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 Shri Kanha Stainless (NSE:SHRIKANHA), the current Operating Margin % is 7.87% 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.

Shri Kanha Stainless Business Description

Address Nirwaroo Road, Plot No. 70-B, Unit No. 401-402, 4th Floor, Trimurty Prime Tower, Jhotwara, Jaipur, RJ, IND, 302 012
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
13GF Score

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