Piramal Enterprises
PEL.NS
#3924
Rank
$2.28 B
Marketcap
$10.19
Share price
1.09%
Change (1 day)
31.99%
Change (1 year)

Operating Margin for Piramal Enterprises (PEL.NS)

Operating Margin as of March 2024 (TTM): 28.32%

According to Piramal Enterprises 's latest financial reports and stock price the company's current Operating Margin is 28.32%. At the end of 2023 the company had an Operating Margin of 299.06%.

Operating Margin history for Piramal Enterprises from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023299.06%1548.04%
202218.15%-32.94%
202127.06%149.41%
202010.85%-29.15%
201915.31%-17.56%
201818.57%5.89%
201717.54%29.18%
201613.58%-77.2%
201559.56%-711.6%
2014-9.74%76.66%
2013-5.51%-197.26%
20125.67%-99.14%
2011659.93%4686.02%
201013.79%31.3%
200910.50%-19.76%
200813.09%18.54%
200711.04%17.75%
20069.38%-41.81%
200516.12%

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.