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Syrma SGS Technology (BOM:543573) Operating Margin % : 5.10% (As of Mar. 2024)


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What is Syrma SGS Technology Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Syrma SGS Technology's Operating Income for the three months ended in Mar. 2024 was ₹578 Mil. Syrma SGS Technology's Revenue for the three months ended in Mar. 2024 was ₹11,341 Mil. Therefore, Syrma SGS Technology's Operating Margin % for the quarter that ended in Mar. 2024 was 5.10%.

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

BOM:543573' s Operating Margin % Range Over the Past 10 Years
Min: 4.66   Med: 7.71   Max: 14.67
Current: 4.66


BOM:543573's Operating Margin % is ranked better than
56.53% of 2459 companies
in the Hardware industry
Industry Median: 3.45 vs BOM:543573: 4.66

Syrma SGS Technology's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Syrma SGS Technology's Operating Income for the three months ended in Mar. 2024 was ₹578 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,469 Mil.


Syrma SGS Technology Operating Margin % Historical Data

The historical data trend for Syrma SGS Technology'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.

Syrma SGS Technology Operating Margin % Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
14.67 9.65 7.71 7.64 4.66

Syrma SGS Technology Quarterly Data
Mar20 Mar21 Sep21 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 7.16 4.45 5.25 3.52 5.10

Competitive Comparison of Syrma SGS Technology's Operating Margin %

For the Electronic Components subindustry, Syrma SGS Technology'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.


Syrma SGS Technology's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Syrma SGS Technology's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Syrma SGS Technology's Operating Margin % falls into.



Syrma SGS Technology 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.

Syrma SGS Technology'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 )
=1470.34 / 31538.39
=4.66 %

Syrma SGS Technology'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 )
=578.38 / 11340.91
=5.10 %

* 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.


Syrma SGS Technology  (BOM:543573) 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.


Syrma SGS Technology Operating Margin % Related Terms

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Syrma SGS Technology (BOM:543573) Business Description

Traded in Other Exchanges
Address
MEPZ-SEZ, Sanatorium, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600 045
Syrma SGS Technology Ltd is a technology focussed engineering and design company engaged in turnkey electronics manufacturing services, specializing in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.

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