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Manoj Vaibhav Gems N Jewellers (BOM:543995) Operating Margin % : 6.60% (As of Mar. 2024)


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What is Manoj Vaibhav Gems N Jewellers Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Manoj Vaibhav Gems N Jewellers's Operating Income for the six months ended in Mar. 2024 was ₹1,418 Mil. Manoj Vaibhav Gems N Jewellers's Revenue for the six months ended in Mar. 2024 was ₹21,497 Mil. Therefore, Manoj Vaibhav Gems N Jewellers's Operating Margin % for the quarter that ended in Mar. 2024 was 6.60%.

The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's Operating Margin % or its related term are showing as below:

BOM:543995' s Operating Margin % Range Over the Past 10 Years
Min: 5.05   Med: 6.22   Max: 6.63
Current: 6.6


BOM:543995's Operating Margin % is ranked better than
66.04% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 3.565 vs BOM:543995: 6.60

Manoj Vaibhav Gems N Jewellers's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Manoj Vaibhav Gems N Jewellers's Operating Income for the six months ended in Mar. 2024 was ₹1,418 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,418 Mil.


Manoj Vaibhav Gems N Jewellers Operating Margin % Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Operating Margin % Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
6.22 5.05 5.73 6.63 6.60

Manoj Vaibhav Gems N Jewellers Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin % 6.22 5.05 5.73 6.63 6.60

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Operating Margin %

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.


Manoj Vaibhav Gems N Jewellers's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Operating Margin % falls into.



Manoj Vaibhav Gems N Jewellers 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.

Manoj Vaibhav Gems N Jewellers's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=1418.03 / 21496.73
=6.60 %

Manoj Vaibhav Gems N Jewellers's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1418.03 / 21496.73
=6.60 %

* 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.


Manoj Vaibhav Gems N Jewellers  (BOM:543995) 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.


Manoj Vaibhav Gems N Jewellers Operating Margin % Related Terms

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Manoj Vaibhav Gems N Jewellers (BOM:543995) Business Description

Traded in Other Exchanges
Address
D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

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