Polycab India
POLYCAB.NS
$70.69
Share price
1.17%
Change (1 day)
74.29%
Change (1 year)
Operating Margin for Polycab India (POLYCAB.NS)
Operating Margin as of May 2024 (TTM): 12.71%
According to Polycab India 's latest financial reports and stock price the company's current Operating Margin is 12.71%. At the end of 2023 the company had an Operating Margin of 12.53%.
Operating Margin history for Polycab India from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 12.53% | 32.82% |
| 2022 | 9.43% | -25.5% |
| 2021 | 12.66% | 5.11% |
| 2020 | 12.04% | 15.69% |
| 2019 | 10.41% | 6.38% |
| 2018 | 9.78% | 23.79% |
| 2017 | 7.90% | 2.56% |
| 2016 | 7.71% |
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.