Indoco Remedies
INDOCO.NS
$3.91
Share price
-0.81%
Change (1 day)
-1.26%
Change (1 year)
Categories
Operating Margin for Indoco Remedies (INDOCO.NS)
Operating Margin as of April 2024 (TTM): 13.25%
According to Indoco Remedies 's latest financial reports and stock price the company's current Operating Margin is 13.25%. At the end of 2022 the company had an Operating Margin of 15.73%.
Operating Margin history for Indoco Remedies from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.73% | 45.24% |
| 2021 | 10.83% | 309.42% |
| 2020 | 2.65% | -367.65% |
| 2019 | -0.99% | -120.78% |
| 2018 | 4.76% | -42.64% |
| 2017 | 8.29% | -17.26% |
| 2016 | 10.02% | -21.61% |
| 2015 | 12.78% | 29.5% |
| 2014 | 9.87% | 28.65% |
| 2013 | 7.67% | -14.87% |
| 2012 | 9.01% | -22.97% |
| 2011 | 11.70% | 8.07% |
| 2010 | 10.83% | -11.23% |
| 2009 | 12.20% | |
| 2007 | 14.30% | -18.97% |
| 2006 | 17.65% | -6.52% |
| 2005 | 18.88% |
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.