Power Mech Projects
POWERMECH.NS
#5206
Rank
$0.95 B
Marketcap
$60.32
Share price
2.60%
Change (1 day)
117.21%
Change (1 year)

Operating Margin for Power Mech Projects (POWERMECH.NS)

Operating Margin as of March 2024 (TTM): 9.61%

According to Power Mech Projects's latest financial reports and stock price the company's current Operating Margin is 9.61%. At the end of 2022 the company had an Operating Margin of 6.81%.

Operating Margin history for Power Mech Projects from 2015 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20226.81%-314.16%
2021-3.18%-140.95%
20207.77%-14.53%
20199.09%8.19%
20188.40%12.07%
20177.50%-10.78%
20168.40%7.74%
20157.80%

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.