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TBO TekNSE:TBOTEK +3.82%47 Operating Margin % is 11.93% as of Jun. 2026, which is 27% below its 10-year median of 16.36. GuruFocus rates NSE:TBOTEK with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 838 Travel & Leisure companies, TBO Tek ranks better than 56.21% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. TBO Tek's Operating Income for the
three
months ended in Jun. 2026 was ₹1,105 Mil. TBO Tek's Revenue for the
three
months ended in Jun. 2026 was ₹9,258 Mil. Therefore, TBO Tek's Operating Margin % for the quarter that ended in Jun. 2026 was 11.93%.
The historical rank and industry rank for TBO Tek's Operating Margin % or its related term are showing as below:
NSE:TBOTEK'
s Operating Margin % Range Over the Past 10 Years
Min: -2.21 Med: 16.36 Max: 19.98
Current: 10.95
NSE:TBOTEK's Operating Margin % is ranked better than 56.21% of 838
companies
in the Travel & Leisure industry
Industry Median: 8.505
vs NSE:TBOTEK: 10.95
TBO Tek's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
TBO Tek's Operating Income for the
three
months ended in Jun. 2026 was ₹1,105 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,386 Mil.
TBO Tek (NSE:TBOTEK) 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.
TBO Tek Operating Margin % Related Terms
TBO Tek Operating Margin % Historical Data
* Premium members only.
The historical data trend for TBO Tek'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:TBOTEK vs BKNG, ABNB, RCL: Operating Margin % Comparison
For the Travel Services subindustry, TBO Tek'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.
TBO Tek Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TBO Tek's Operating Margin % distribution charts can be found below:
* The bar in red indicates where TBO Tek's Operating Margin % falls into.
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.
TBO Tek'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.
TBO Tek (NSE:TBOTEK) has a Operating Margin % of 11.93% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on TBO Tek and its competitors. This is 27% below median its historical median of 16.36. According to the industry distribution chart, TBO Tek ranks #367 out of 838 companies in the Travel & Leisure industry, placing it in the top 43.8%.
Is TBO Tek's Operating Margin % too high?
TBO Tek's current Operating Margin % of 11.93% is 27% below median its 10-year median of 16.36. The Travel & Leisure industry median Operating Margin % is 8.51. TBO Tek's value of 11.93% is 40.3% above this industry median. Based on the distribution chart, TBO Tek ranks #367 out of 838 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, TBO Tek has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does TBO Tek's Operating Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, TBO Tek ranks #367 out of 838 companies for Operating Margin %. This puts TBO Tek in the upper half of its industry. The industry median Operating Margin % is 8.51. TBO Tek's value of 11.93% is 40.3% above this benchmark. While the company's 10-year median is 16.36 vs. the industry median of 8.51, TBO Tek 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.51, based on 838 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. TBO Tek's current Operating Margin % of 11.93% is 40.3% 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 TBO Tek and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBO Tek's current Operating Margin % is 11.93%, which is 27% below median its own 10-year median of 16.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBO Tek stock overvalued right now?
TBO Tek (NSE:TBOTEK) has a current Operating Margin % of 11.93%. The current Operating Margin % is 11.93%, which is 27% below median its 10-year median of 16.36 and 40.3% above the Travel & Leisure industry median of 8.51. TBO Tek's overall GF Score™ is 47/100 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 TBO Tek (NSE:TBOTEK), the current Operating Margin % is 11.93% as of Jun. 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.
TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book international travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.
47GF Score
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