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Surana Solar (BOM:533298) Operating Margin % : 5.80% (As of Mar. 2024)


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What is Surana Solar Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Surana Solar's Operating Income for the three months ended in Mar. 2024 was ₹2.3 Mil. Surana Solar's Revenue for the three months ended in Mar. 2024 was ₹39.3 Mil. Therefore, Surana Solar's Operating Margin % for the quarter that ended in Mar. 2024 was 5.80%.

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

BOM:533298' s Operating Margin % Range Over the Past 10 Years
Min: -11.21   Med: 5.59   Max: 12.1
Current: -11.21


BOM:533298's Operating Margin % is ranked worse than
77.31% of 983 companies
in the Semiconductors industry
Industry Median: 4.45 vs BOM:533298: -11.21

Surana Solar's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Surana Solar's Operating Income for the three months ended in Mar. 2024 was ₹2.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-19.9 Mil.


Surana Solar Operating Margin % Historical Data

The historical data trend for Surana Solar'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.

Surana Solar Operating Margin % Chart

Surana Solar 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 5.37 2.98 3.58 -3.02 -11.21

Surana Solar 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 -3.20 -4.15 -71.86 1.15 5.80

Competitive Comparison of Surana Solar's Operating Margin %

For the Solar subindustry, Surana Solar'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.


Surana Solar's Operating Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Surana Solar's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Surana Solar's Operating Margin % falls into.



Surana Solar 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.

Surana Solar'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 )
=-19.855 / 177.064
=-11.21 %

Surana Solar'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 )
=2.28 / 39.332
=5.80 %

* 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.


Surana Solar  (BOM:533298) 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.


Surana Solar Operating Margin % Related Terms

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


Surana Solar (BOM:533298) Business Description

Traded in Other Exchanges
Address
Plot No.212/3 & 4, Phase II, IDA, Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and trading of other solar-related products. It operates through two segments: Solar Products; and Wind power. The majority of revenue is derived from the Solar products segment which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules. It offers products such as SPV modules; Home lighting systems Solar street lighting products; and Solar lanterns. The wind and Solar Power segment covers the generation of Wind Power and Solar Power energy activities.

Surana Solar (BOM:533298) Headlines

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