TILNSE:TIL +1.36%62 Operating Margin % is 7.30% as of Mar. 2026, which is 1638% above its 10-year median of 0.42. GuruFocus rates NSE:TIL with a GF Score™ of 62/100 and a GF Value™ of ₹358.82 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, TIL ranks worse than 50.24% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. TIL's Operating Income for the
three
months ended in Mar. 2026 was ₹79 Mil. TIL's Revenue for the
three
months ended in Mar. 2026 was ₹1,088 Mil. Therefore, TIL's Operating Margin % for the quarter that ended in Mar. 2026 was 7.30%.
The historical rank and industry rank for TIL's Operating Margin % or its related term are showing as below:
NSE:TIL'
s Operating Margin % Range Over the Past 10 Years
Min: -129.39 Med: 0.42 Max: 12.35
Current: 6.78
NSE:TIL's Operating Margin % is ranked worse than 50.24% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.78
vs NSE:TIL: 6.78
TIL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
TIL's Operating Income for the
three
months ended in Mar. 2026 was ₹79 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹219 Mil.
TIL (NSE:TIL) 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.
TIL Operating Margin % Related Terms
TIL Operating Margin % Historical Data
* Premium members only.
The historical data trend for TIL'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:TIL vs CAT, DE, PCAR: Operating Margin % Comparison
For the Farm & Heavy Construction Machinery subindustry, TIL'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.
TIL Operating Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, TIL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where TIL'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.
TIL'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.
TIL (NSE:TIL) has a Operating Margin % of 7.30% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on TIL and its competitors. This is 1638% above median its historical median of 0.42. According to the industry distribution chart, TIL ranks #105 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 50.2%.
Is TIL's Operating Margin % too high?
TIL's current Operating Margin % of 7.30% is 1638% above median its 10-year median of 0.42. The Farm & Heavy Construction Machinery industry median Operating Margin % is 6.78. TIL's value of 7.30% is 7.7% above this industry median. Based on the distribution chart, TIL ranks #105 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, TIL has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TIL's Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, TIL ranks #105 out of 209 companies for Operating Margin %. This places TIL in the lower half of its industry. The industry median Operating Margin % is 6.78. TIL's value of 7.30% is 7.7% above this benchmark. While the company's 10-year median is 0.42 vs. the industry median of 6.78, TIL 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 Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.78, based on 209 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. TIL's current Operating Margin % of 7.30% is 7.7% 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 TIL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TIL's current Operating Margin % is 7.30%, which is 1638% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIL stock overvalued right now?
Based on GuruFocus' analysis, TIL (NSE:TIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹358.82, compared to a current price of ₹218.00 — trading 39.2% below its estimated fair value. The current Operating Margin % is 7.30%, which is 1638% above median its 10-year median of 0.42 and 7.7% above the Farm & Heavy Construction Machinery industry median of 6.78. TIL's overall GF Score™ is 62/100 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 TIL (NSE:TIL), the current Operating Margin % is 7.30% 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 TIL (NSE:TIL) Overvalued in 2026?
Based on GuruFocus' analysis, TIL stock appears to be undervalued.
The current stock price of ₹218.00 is trading 39.2% below its estimated GF Value™ of ₹358.82.
GuruFocus considers TIL to be Possible Value Trap.
Key valuation signals for NSE:TIL:
Operating Margin %: 7.30% (1638% above median its 10-year median of 0.42)
GF Value™: ₹358.82 vs. price of ₹218.00 (39.2% below fair value)
Industry Position: 7.7% above the Farm & Heavy Construction Machinery median (#105 of 209)
No single metric tells the full story. See the NSE:TIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIL Ltd is an India based company engaged in providing customized designs manufactures and markets a comprehensive range of material handling, lifting, port equipment, road building solutions, with integrated customer support and after-sales service. The company operates in only Material handling solutions segment which comprises manufacturing and marketing of various materials handling equipment such as mobile cranes, port equipment, self-loading truck cranes, and road construction equipment as well as dealing in spares and providing services to related equipment. Geographically, the group has a business presence in India and outside India of which key revenue is earned within the Indian market.
62GF 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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