ZCAR (Zoomcar Holdings) Operating Margin %: -55.86% (As of Dec. 2025)


What is Zoomcar Holdings Operating Margin %?

Zoomcar Holdings ZCAR Operating Margin % is -55.86% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 1,070 Business Services companies, Zoomcar Holdings ranks worse than 96.07% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zoomcar Holdings's Operating Income for the three months ended in Dec. 2025 was $-1.32 Mil. Zoomcar Holdings's Revenue for the three months ended in Dec. 2025 was $2.37 Mil. Therefore, Zoomcar Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -55.86%.

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

ZCAR' s Operating Margin % Range Over the Past 10 Years
Min: -413.05   Med: -278.64   Max: -76.77
Current: -76.77


ZCAR's Operating Margin % is ranked worse than
96.07% of 1070 companies
in the Business Services industry
Industry Median: 6.275 vs ZCAR: -76.77

Zoomcar Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Zoomcar Holdings's Operating Income for the three months ended in Dec. 2025 was $-1.32 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-7.01 Mil.

Warning Sign:

Zoomcar Holdings Inc has never been profitable in the past 3 years. It lost money every year.


Zoomcar Holdings  (OTCPK:ZCAR) 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.


Zoomcar Holdings Operating Margin % Related Terms


Zoomcar Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Zoomcar Holdings'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.

Zoomcar Holdings Operating Margin % Chart

Zoomcar Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Operating Margin %
-208.58 -285.84 -413.05 -278.64 -111.72

Zoomcar Holdings Quarterly Data
Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -124.95 -101.52 -74.49 -77.22 -55.86

ZCAR vs BDST, AIHS, AITX: Operating Margin % Comparison

For the Rental & Leasing Services subindustry, Zoomcar Holdings'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.


Zoomcar Holdings Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Zoomcar Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Zoomcar Holdings's Operating Margin % falls into.



Zoomcar Holdings 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.

Zoomcar Holdings's Operating Margin % for the fiscal year that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=-10.173 / 9.106
=-111.72 %

Zoomcar Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-1.321 / 2.365
=-55.86 %

* 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 -55.86% mean?
Zoomcar Holdings (ZCAR) has a Operating Margin % of -55.86% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Zoomcar Holdings and its competitors. According to the industry distribution chart, Zoomcar Holdings ranks #1028 out of 1070 companies in the Business Services industry, placing it in the top 96.1%.
Is Zoomcar Holdings' Operating Margin % too high?
Zoomcar Holdings' current Operating Margin % is -55.86%. Based on the distribution chart, Zoomcar Holdings ranks #1028 out of 1070 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Zoomcar Holdings' Operating Margin % compare to BDST and AIHS?
According to the Business Services industry distribution chart, Zoomcar Holdings ranks #1028 out of 1070 companies for Operating Margin %. This places Zoomcar Holdings in the lower half of its industry. The industry median Operating Margin % is 6.28. 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 Business Services company?
The median Operating Margin % among Business Services companies is 6.28, based on 1,070 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. 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 Zoomcar Holdings and its competitors. For the Business Services industry, the median Operating Margin % is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoomcar Holdings's current Operating Margin % is -55.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomcar Holdings stock overvalued right now?
Zoomcar Holdings (ZCAR) has a current Operating Margin % of -55.86%. The current Operating Margin % is -55.86%. 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 Zoomcar Holdings (ZCAR), the current Operating Margin % is -55.86% as of Dec. 2025. 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.

Zoomcar Holdings Business Description

Address HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008
Zoomcar Holdings Inc is an emerging market-focused online car sharing marketplace, based on the number of current vehicles and active users on its platform. Its platform enables car owners (Hosts) and persons in temporary need of vehicles (Guests) to connect and share the use of a Host's car, made available to Guests at mutually convenient locations. It generates revenue in the form of facilitation fees charged to Hosts, net of incentives and refunds, and trip protection charged to the Renters. Geographically, the company generates a majority of its revenue from India, followed by Egypt, Indonesia, and Vietnam.