Alok Industries
ALOKINDS.NS
#4534
Rank
$1.59 B
Marketcap
$0.32
Share price
-0.56%
Change (1 day)
100.60%
Change (1 year)

Operating Margin for Alok Industries (ALOKINDS.NS)

Operating Margin as of May 2024 (TTM): -5.45%

According to Alok Industries's latest financial reports and stock price the company's current Operating Margin is -5.45%. At the end of 2023 the company had an Operating Margin of -12.68%.

Operating Margin history for Alok Industries from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-12.68%334.86%
2022-2.92%-97.52%
2021-117.71%-395.56%
202039.83%-38.66%
201964.92%-119.28%
2018-336.74%438.23%
2017-62.56%43.79%
2016-43.51%-2331.06%
20151.95%
20123.75%-49.78%
20117.47%15.2%
20106.48%-14.47%
20097.58%-40.03%
200812.63%-1.55%
200712.83%17.27%
200610.94%7.22%
200510.21%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.