Shriram Pistons & Rings
SHRIPISTON.NS
#5467
Rank
โ‚ฌ0.96 B
Marketcap
22,01ย โ‚ฌ
Share price
-2.46%
Change (1 day)
89.42%
Change (1 year)

Operating Margin for Shriram Pistons & Rings (SHRIPISTON.NS)

Operating Margin as of November 2024 (TTM): 18.94%

According to Shriram Pistons & Rings's latest financial reports and stock price the company's current Operating Margin is 18.94%. At the end of 2023 the company had an Operating Margin of 16.07%.

Operating Margin history for Shriram Pistons & Rings from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.07%40.51%
202211.44%36.16%
20218.40%35.18%
20206.21%-46.63%
201911.64%-13.02%
201813.38%0.82%
201713.28%17.81%
201611.27%26.41%
20158.91%

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.