Tega IndustriesNSE:TEGA -0.51%90 Operating Margin % is 6.63% as of Mar. 2026, which is 57% below its 10-year median of 15.33. GuruFocus rates NSE:TEGA with a GF Score™ of 90/100 and a GF Value™ of ₹1,703.60 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,038 Industrial Products companies, Tega Industries ranks better than 57.83% on this metric.
Tega Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.5%.
The historical rank and industry rank for Tega Industries's Operating Margin % or its related term are showing as below:
NSE:TEGA'
s Operating Margin % Range Over the Past 10 Years
Min: 8.04 Med: 15.33 Max: 20.47
Current: 8.04
NSE:TEGA's Operating Margin % is ranked better than 57.83% of 3038
companies
in the Industrial Products industry
Industry Median: 6.53
vs NSE:TEGA: 8.04
Tega Industries's 5-Year Average Operating Margin % Growth Rate was -13.50% per year.
Tega Industries (NSE:TEGA) 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.
Tega Industries Operating Margin % Related Terms
Tega Industries Operating Margin % Historical Data
* Premium members only.
The historical data trend for Tega Industries'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:TEGA vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, Tega Industries'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.
Tega Industries Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tega Industries's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tega Industries'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.
Tega Industries'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.
Tega Industries (NSE:TEGA) has a Operating Margin % of 6.63% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tega Industries and its competitors. This is 57% below median its historical median of 15.33. Over the past decade, Tega Industries' Operating Margin % has ranged from 8.04 to 20.47. According to the industry distribution chart, Tega Industries ranks #1281 out of 3038 companies in the Industrial Products industry, placing it in the top 42.2%.
Is Tega Industries' Operating Margin % too high?
Tega Industries' current Operating Margin % of 6.63% is 57% below median its 10-year median of 15.33. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 20.47. The Industrial Products industry median Operating Margin % is 6.53. Tega Industries' value of 6.63% is 1.5% above this industry median. Based on the distribution chart, Tega Industries ranks #1281 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tega Industries has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tega Industries ranks #1281 out of 3038 companies for Operating Margin %. This puts Tega Industries in the upper half of its industry. The industry median Operating Margin % is 6.53. Tega Industries' value of 6.63% is 1.5% above this benchmark. Historically, Tega Industries' own Operating Margin % has ranged from 8.04 to 20.47 over the past decade. While the company's 10-year median is 15.33 vs. the industry median of 6.53, Tega Industries 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. Tega Industries's current Operating Margin % of 6.63% is 1.5% 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 Tega Industries and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tega Industries's current Operating Margin % is 6.63%, which is 57% below median its own 10-year median of 15.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tega Industries stock overvalued right now?
Based on GuruFocus' analysis, Tega Industries (NSE:TEGA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,703.60, compared to a current price of ₹1,730.20 — trading 1.6% above its estimated fair value. The current Operating Margin % is 6.63%, which is 57% below median its 10-year median of 15.33 and 1.5% above the Industrial Products industry median of 6.53. Tega Industries' overall GF Score™ is 90/100 with 5 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 Tega Industries (NSE:TEGA), the current Operating Margin % is 6.63% 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 Tega Industries (NSE:TEGA) Overvalued in 2026?
Based on GuruFocus' analysis, Tega Industries stock appears to be overvalued.
The current stock price of ₹1,730.20 is trading 1.6% above its estimated GF Value™ of ₹1,703.60.
GuruFocus considers Tega Industries to be Fairly Valued.
Key valuation signals for NSE:TEGA:
Operating Margin %: 6.63% (57% below median its 10-year median of 15.33)
GF Value™: ₹1,703.60 vs. price of ₹1,730.20 (1.6% above fair value)
Industry Position: 1.5% above the Industrial Products median (#1281 of 3038)
No single metric tells the full story. See the NSE:TEGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.
90GF Score
Get the complete analysis for NSE:TEGA
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TEGA has been successfully added to your 
