Pidilite
PIDILITIND.NS
$36.21
Share price
1.29%
Change (1 day)
22.37%
Change (1 year)
Operating Margin for Pidilite (PIDILITIND.NS)
Operating Margin as of April 2024 (TTM): 15.81%
According to Pidilite's latest financial reports and stock price the company's current Operating Margin is 15.81%. At the end of 2023 the company had an Operating Margin of 15.01%.
Operating Margin history for Pidilite from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 15.01% | -10.45% |
| 2022 | 16.76% | -22.09% |
| 2021 | 21.51% | 3.79% |
| 2020 | 20.72% | 6.6% |
| 2019 | 19.44% | -14.66% |
| 2018 | 22.78% | 0.86% |
| 2017 | 22.59% | 10.51% |
| 2016 | 20.44% | 42.06% |
| 2015 | 14.39% | -2.49% |
| 2014 | 14.76% | -10.45% |
| 2013 | 16.48% | 11.17% |
| 2012 | 14.82% | -10.82% |
| 2011 | 16.62% | 4.23% |
| 2010 | 15.94% | 84.59% |
| 2009 | 8.64% | -36.39% |
| 2008 | 13.58% | 9.2% |
| 2007 | 12.43% | -13.99% |
| 2006 | 14.46% | 1.89% |
| 2005 | 14.19% |
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.