SPR Auto TechnologiesNSE:SHRIPISTON +2.70%80 Operating Margin % is 14.85% as of Mar. 2026, which is 26% above its 10-year median of 11.82. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 80/100 and a GF Value™ of ₹3,149.32 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,325 Vehicles & Parts companies, SPR Auto Technologies ranks better than 91.85% on this metric.
SPR Auto Technologies Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for SPR Auto Technologies's Operating Margin % or its related term are showing as below:
NSE:SHRIPISTON'
s Operating Margin % Range Over the Past 10 Years
Min: 5.01 Med: 11.82 Max: 17.59
Current: 16.32
NSE:SHRIPISTON's Operating Margin % is ranked better than 91.85% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 4.86
vs NSE:SHRIPISTON: 16.32
SPR Auto Technologies's 5-Year Average Operating Margin % Growth Rate was 17.90% per year.
SPR Auto Technologies (NSE:SHRIPISTON) 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 Nokias 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.
SPR Auto Technologies Operating Margin % Related Terms
SPR Auto Technologies Operating Margin % Historical Data
* Premium members only.
The historical data trend for SPR Auto Technologies'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.
NSE:SHRIPISTON vs ORLY, AZO: Operating Margin % Comparison
For the Auto Parts subindustry, SPR Auto Technologies'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.
SPR Auto Technologies Operating Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SPR Auto Technologies's Operating Margin % distribution charts can be found below:
* The bar in red indicates where SPR Auto Technologies's Operating Margin % falls into.
SPR Auto Technologies 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.
SPR Auto Technologies's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
SPR Auto Technologies (NSE:SHRIPISTON) has a Operating Margin % of 14.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on SPR Auto Technologies and its competitors. This is 26% above median its historical median of 11.82. Over the past decade, SPR Auto Technologies' Operating Margin % has ranged from 5.01 to 17.59. According to the industry distribution chart, SPR Auto Technologies ranks #108 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 8.2%.
Is SPR Auto Technologies' Operating Margin % too high?
SPR Auto Technologies' current Operating Margin % of 14.85% is 26% above median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 5.01 to a high of 17.59. The Vehicles & Parts industry median Operating Margin % is 4.86. SPR Auto Technologies' value of 14.85% is 205.6% above this industry median. Based on the distribution chart, SPR Auto Technologies ranks #108 out of 1325 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SPR Auto Technologies has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' Operating Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SPR Auto Technologies ranks #108 out of 1325 companies for Operating Margin %. This places SPR Auto Technologies in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.86. SPR Auto Technologies' value of 14.85% is 205.6% above this benchmark. Historically, SPR Auto Technologies' own Operating Margin % has ranged from 5.01 to 17.59 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 4.86, SPR Auto Technologies 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 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. SPR Auto Technologies's current Operating Margin % of 14.85% is 205.6% 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 SPR Auto Technologies and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPR Auto Technologies's current Operating Margin % is 14.85%, which is 26% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,149.32, compared to a current price of ₹4,033.00 — trading 28.1% above its estimated fair value. The current Operating Margin % is 14.85%, which is 26% above median its 10-year median of 11.82 and 205.6% above the Vehicles & Parts industry median of 4.86. SPR Auto Technologies' overall GF Score™ is 80/100 with 9 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 SPR Auto Technologies (NSE:SHRIPISTON), the current Operating Margin % is 14.85% 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 SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?
Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued.
The current stock price of ₹4,033.00 is trading 28.1% above its estimated GF Value™ of ₹3,149.32.
GuruFocus considers SPR Auto Technologies to be Modestly Overvalued.
Key valuation signals for NSE:SHRIPISTON:
Operating Margin %: 14.85% (26% above median its 10-year median of 11.82)
GF Value™: ₹3,149.32 vs. price of ₹4,033.00 (28.1% above fair value)
Industry Position: 205.6% above the Vehicles & Parts median (#108 of 1325)
No single metric tells the full story. See the NSE:SHRIPISTON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
80GF Score
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