Tata Elxsi
TATAELXSI.NS
#2417
Rank
$5.81 B
Marketcap
$93.44
Share price
1.44%
Change (1 day)
29.63%
Change (1 year)

Operating Margin for Tata Elxsi (TATAELXSI.NS)

Operating Margin as of March 2024 (TTM): 29.81%

According to Tata Elxsi's latest financial reports and stock price the company's current Operating Margin is 29.81%. At the end of 2023 the company had an Operating Margin of 29.81%.

Operating Margin history for Tata Elxsi from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202329.81%-1.19%
202230.17%7.64%
202128.03%28.03%
202021.89%-19.33%
201927.14%3.39%
201826.25%23.78%
201721.21%-3.52%
201621.98%20.36%
201518.26%26.13%
201414.48%169.77%
20135.37%-47.77%
201210.28%33.68%
20117.69%-47.95%
201014.77%0%
200914.77%-3.52%
200815.31%-22.11%
200719.65%14.62%
200617.15%0.38%
200517.08%

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.