Balkrishna Industries
BALKRISIND.NS
#2360
Rank
ยฃ5.03 B
Marketcap
ยฃ26.05
Share price
1.67%
Change (1 day)
6.41%
Change (1 year)
Categories

Operating Margin for Balkrishna Industries (BALKRISIND.NS)

Operating Margin as of November 2024 (TTM): 21.52%

According to Balkrishna Industries 's latest financial reports and stock price the company's current Operating Margin is 21.52%. At the end of 2023 the company had an Operating Margin of 14.86%.

Operating Margin history for Balkrishna Industries from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.86%-38.42%
202224.13%-11.91%
202127.40%13.1%
202024.22%3.68%
201923.36%-8.91%
201825.65%-11.39%
201728.94%37.75%
201621.01%11.32%
201518.88%-0.33%
201418.94%19.84%
201315.80%18.1%
201213.38%-0.99%
201113.51%-35.3%
201020.89%154.25%
20098.21%-45.88%
200815.18%3.2%
200714.71%-13.88%
200617.08%

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.