GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meera Industries Ltd (BOM:540519) » Definitions » Operating Margin %

Meera Industries (BOM:540519) Operating Margin % : 8.76% (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Meera Industries Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Meera Industries's Operating Income for the three months ended in Jun. 2024 was ₹8.7 Mil. Meera Industries's Revenue for the three months ended in Jun. 2024 was ₹99.1 Mil. Therefore, Meera Industries's Operating Margin % for the quarter that ended in Jun. 2024 was 8.76%.

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

BOM:540519' s Operating Margin % Range Over the Past 10 Years
Min: -7.66   Med: 8.26   Max: 16.59
Current: 7.17


BOM:540519's Operating Margin % is ranked better than
51.02% of 2991 companies
in the Industrial Products industry
Industry Median: 6.96 vs BOM:540519: 7.17

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

Meera Industries's Operating Income for the three months ended in Jun. 2024 was ₹8.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was ₹24.1 Mil.


Meera Industries Operating Margin % Historical Data

The historical data trend for Meera 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.

Meera Industries Operating Margin % Chart

Meera Industries 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 -0.21 11.92 12.77 -7.66 5.86

Meera Industries Quarterly Data
Mar18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.36 5.19 7.24 6.86 8.76

Competitive Comparison of Meera Industries's Operating Margin %

For the Specialty Industrial Machinery subindustry, Meera 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.


Meera Industries's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meera Industries's Operating Margin % distribution charts can be found below:

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



Meera 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.

Meera Industries'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 )
=17.528 / 299.241
=5.86 %

Meera Industries's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=8.685 / 99.117
=8.76 %

* 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.


Meera Industries  (BOM:540519) 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.


Meera Industries Operating Margin % Related Terms

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


Meera Industries Business Description

Traded in Other Exchanges
N/A
Address
2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, Servo-controlled cop winder, Cone-assembly winder, Ring twister, covering machine, TPRS twister machine, and Heavy-duty twister and cabler machine, and Continuous bulk and heat setting machine. Its operating segment includes Machine manufacturing, Machine trading and Yarn. The company generates maximum revenue from the Machine manufacturing segment. Geographically, it derives a majority of revenue from India.

Meera Industries Headlines

No Headlines