According to Granules India's latest financial reports and stock price the company's current Operating Margin is 14.72%. At the end of 2023 the company had an Operating Margin of 15.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.28% | 2.08% |
2022 | 14.97% | -32.07% |
2021 | 22.04% | 24.34% |
2020 | 17.72% | 21.66% |
2019 | 14.57% | 21.5% |
2018 | 11.99% | -26.42% |
2017 | 16.30% | 18.74% |
2016 | 13.72% | 38.67% |
2015 | 9.90% | -3.47% |
2014 | 10.25% | 69.18% |
2013 | 6.06% | -7.78% |
2012 | 6.57% | 16.71% |
2011 | 5.63% | -30.95% |
2010 | 8.15% | |
2008 | 4.91% | -15.67% |
2007 | 5.83% |
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.