Time Technoplast
TIMETECHNO.NS
#5271
Rank
$1.14 B
Marketcap
$5.03
Share price
2.73%
Change (1 day)
159.54%
Change (1 year)

Operating Margin for Time Technoplast (TIMETECHNO.NS)

Operating Margin as of October 2024 (TTM): 10.96%

According to Time Technoplast's latest financial reports and stock price the company's current Operating Margin is 10.96%. At the end of 2023 the company had an Operating Margin of 7.11%.

Operating Margin history for Time Technoplast from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.11%-0.01%
20227.11%50.15%
20214.73%-28.47%
20206.62%-16.36%
20197.91%-1.99%
20188.07%10.66%
20177.29%14.01%
20166.40%5.34%
20156.07%3.42%
20145.87%-25.05%
20137.84%-2.58%
20128.04%-32.73%
201111.96%-5.43%
201012.64%-3.18%
200913.06%-25.2%
200817.46%42.29%
200712.27%

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.