According to Havells India's latest financial reports and stock price the company's current Operating Margin is 8.76%. At the end of 2023 the company had an Operating Margin of 8.56%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.56% | -26.31% |
2022 | 11.61% | -16.13% |
2021 | 13.85% | 43.71% |
2020 | 9.63% | -15.7% |
2019 | 11.43% | -5.28% |
2018 | 12.07% | 3.66% |
2017 | 11.64% | -38.07% |
2016 | 18.80% | 181.66% |
2015 | 6.67% | -8.5% |
2014 | 7.29% | -20.65% |
2013 | 9.19% | 25.94% |
2012 | 7.30% | 0.75% |
2011 | 7.24% | 141.73% |
2010 | 3.00% | -240.05% |
2009 | -2.14% | -153.9% |
2008 | 3.97% | -49.03% |
2007 | 7.79% | 10.58% |
2006 | 7.04% | 8.65% |
2005 | 6.48% |
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.