Balkrishna Industries
BALKRISIND.NS
Operating Margin for Balkrishna Industries (BALKRISIND.NS)
Operating Margin as of April 2024 (TTM): 15.73%
According to Balkrishna Industries 's latest financial reports and stock price the company's current Operating Margin is 15.73%. At the end of 2022 the company had an Operating Margin of 24.13%.
Operating Margin history for Balkrishna Industries from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.13% | -11.91% |
| 2021 | 27.40% | 13.1% |
| 2020 | 24.22% | 3.68% |
| 2019 | 23.36% | -8.91% |
| 2018 | 25.65% | -11.3% |
| 2017 | 28.91% | 8.92% |
| 2016 | 26.55% | 40.63% |
| 2015 | 18.88% | -0.33% |
| 2014 | 18.94% | 19.84% |
| 2013 | 15.80% | 19.05% |
| 2012 | 13.27% | 0.96% |
| 2011 | 13.15% | -37.05% |
| 2010 | 20.89% | 153.49% |
| 2009 | 8.24% | -45.7% |
| 2008 | 15.17% | 3.16% |
| 2007 | 14.71% | -13.88% |
| 2006 | 17.08% |
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.