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Sun TV Network (BOM:532733) Operating Margin % : 43.18% (As of Mar. 2024)


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What is Sun TV Network Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sun TV Network's Operating Income for the three months ended in Mar. 2024 was ₹4,151 Mil. Sun TV Network's Revenue for the three months ended in Mar. 2024 was ₹9,613 Mil. Therefore, Sun TV Network's Operating Margin % for the quarter that ended in Mar. 2024 was 43.18%.

Good Sign:

Sun TV Network Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

BOM:532733' s Operating Margin % Range Over the Past 10 Years
Min: 44.39   Med: 50.92   Max: 57.81
Current: 49.18


BOM:532733's Operating Margin % is ranked better than
99.12% of 1025 companies
in the Media - Diversified industry
Industry Median: 3.29 vs BOM:532733: 49.18

Sun TV Network's 5-Year Average Operating Margin % Growth Rate was 0.40% per year.

Sun TV Network's Operating Income for the three months ended in Mar. 2024 was ₹4,151 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹21,061 Mil.


Sun TV Network Operating Margin % Historical Data

The historical data trend for Sun TV Network'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.

Sun TV Network Operating Margin % Chart

Sun TV Network Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.00 55.14 57.81 50.56 49.19

Sun TV Network Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.75 52.47 48.55 51.35 43.18

Competitive Comparison of Sun TV Network's Operating Margin %

For the Broadcasting subindustry, Sun TV Network'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.


Sun TV Network's Operating Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sun TV Network's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sun TV Network's Operating Margin % falls into.



Sun TV Network 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.

Sun TV Network'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 )
=21063.8 / 42821
=49.19 %

Sun TV Network'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 )
=4151 / 9612.8
=43.18 %

* 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.


Sun TV Network  (BOM:532733) 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.


Sun TV Network Operating Margin % Related Terms

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Sun TV Network (BOM:532733) Business Description

Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

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