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Dollar Industries (BOM:541403) Operating Margin % : 7.98% (As of Dec. 2023)


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What is Dollar Industries Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Dollar Industries's Operating Income for the three months ended in Dec. 2023 was ₹265 Mil. Dollar Industries's Revenue for the three months ended in Dec. 2023 was ₹3,316 Mil. Therefore, Dollar Industries's Operating Margin % for the quarter that ended in Dec. 2023 was 7.98%.

Warning Sign:

Dollar Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.9%.

The historical rank and industry rank for Dollar Industries's Operating Margin % or its related term are showing as below:

BOM:541403' s Operating Margin % Range Over the Past 10 Years
Min: 5.36   Med: 9.65   Max: 15.65
Current: 6.69


BOM:541403's Operating Margin % is ranked better than
63.24% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.875 vs BOM:541403: 6.69

Dollar Industries's 5-Year Average Operating Margin % Growth Rate was -6.90% per year.

Dollar Industries's Operating Income for the three months ended in Dec. 2023 was ₹265 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹971 Mil.


Dollar Industries Operating Margin % Historical Data

The historical data trend for Dollar Industries's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dollar Industries Operating Margin % Chart

Dollar Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 9.71 12.17 15.65 6.13

Dollar Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 2.70 6.99 9.08 7.98

Competitive Comparison of Dollar Industries's Operating Margin %

For the Apparel Manufacturing subindustry, Dollar Industries's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dollar Industries's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dollar Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Dollar Industries's Operating Margin % falls into.



Dollar Industries Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Dollar Industries's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=837.959 / 13665.597
=6.13 %

Dollar Industries's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=264.516 / 3315.528
=7.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dollar Industries  (BOM:541403) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Dollar Industries Operating Margin % Related Terms

Thank you for viewing the detailed overview of Dollar Industries's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dollar Industries (BOM:541403) Business Description

Traded in Other Exchanges
Address
32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted inner wears, casual wears, and thermal wears. The Company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the Company. Geographically, it derives a majority of revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery and Dollar RKG.

Dollar Industries (BOM:541403) Headlines

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