Indian Bank
INDIANB.NS
$6.70
Share price
6.17%
Change (1 day)
70.05%
Change (1 year)
Categories
Indian Bank, is an Indian financial service company with headquarters in Chennai, India. The company provides baking services to over 100 million customers.
Operating Margin for Indian Bank (INDIANB.NS)
Operating Margin as of April 2024 (TTM): 23.99%
According to Indian Bank 's latest financial reports and stock price the company's current Operating Margin is 23.99%. At the end of 2023 the company had an Operating Margin of 21.34%.
Operating Margin history for Indian Bank from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 21.34% | 28.95% |
| 2022 | 16.55% | 21.87% |
| 2021 | 13.58% | 95.75% |
| 2020 | 6.94% | 92.54% |
| 2019 | 3.60% | -76.15% |
| 2018 | 15.10% | -23.49% |
| 2017 | 19.74% | 63.72% |
| 2016 | 12.06% | -33.01% |
| 2015 | 18.00% | -13.11% |
| 2014 | 20.71% | -25% |
| 2013 | 27.62% | -11.34% |
| 2012 | 31.15% | -5.72% |
| 2011 | 33.04% | -4.81% |
| 2010 | 34.71% | 2.04% |
| 2009 | 34.01% | 0.89% |
| 2008 | 33.71% | 8.87% |
| 2007 | 30.96% | 23.35% |
| 2006 | 25.10% | 12.89% |
| 2005 | 22.24% | 1.56% |
| 2004 | 21.89% |
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.