According to BSE 's latest financial reports and stock price the company's current Operating Margin is 60.84%. At the end of 2023 the company had an Operating Margin of 36.45%.
Year | Operating Margin | Change |
---|---|---|
2023 | 36.45% | -17.23% |
2022 | 44.04% | 44.71% |
2021 | 30.43% | 1.18% |
2020 | 30.07% | -37.74% |
2019 | 48.31% | -9.32% |
2018 | 53.27% | 5.22% |
2017 | 50.63% | 1.47% |
2016 | 49.89% | -7.66% |
2015 | 54.03% | -25.48% |
2014 | 72.50% | 9% |
2013 | 66.52% | -20.52% |
2012 | 83.69% |
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.