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Indian Renewable Energy Development Agency (BOM:544026) Operating Margin % : 114.01% (As of Mar. 2024)


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What is Indian Renewable Energy Development Agency Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Indian Renewable Energy Development Agency's Operating Income for the three months ended in Mar. 2024 was ₹14,862 Mil. Indian Renewable Energy Development Agency's Revenue for the three months ended in Mar. 2024 was ₹13,036 Mil. Therefore, Indian Renewable Energy Development Agency's Operating Margin % for the quarter that ended in Mar. 2024 was 114.01%.

The historical rank and industry rank for Indian Renewable Energy Development Agency's Operating Margin % or its related term are showing as below:

BOM:544026' s Operating Margin % Range Over the Past 10 Years
Min: 53.96   Med: 63.3   Max: 69.69
Current: 64.18


BOM:544026's Operating Margin % is ranked better than
87.34% of 379 companies
in the Credit Services industry
Industry Median: 17.93 vs BOM:544026: 64.18

Indian Renewable Energy Development Agency's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Indian Renewable Energy Development Agency's Operating Income for the three months ended in Mar. 2024 was ₹14,862 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹30,785 Mil.


Indian Renewable Energy Development Agency Operating Margin % Historical Data

The historical data trend for Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency Operating Margin % Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Operating Margin %
69.69 66.89 59.70 53.96

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only 119.96 53.24 48.67 35.73 114.01

Competitive Comparison of Indian Renewable Energy Development Agency's Operating Margin %

For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.


Indian Renewable Energy Development Agency's Operating Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's Operating Margin % falls into.



Indian Renewable Energy Development Agency 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.

Indian Renewable Energy Development Agency'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 )
=26106.587 / 48380.942
=53.96 %

Indian Renewable Energy Development Agency'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 )
=14861.521 / 13035.602
=114.01 %

* 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.


Indian Renewable Energy Development Agency  (BOM:544026) 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.


Indian Renewable Energy Development Agency Operating Margin % Related Terms

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Indian Renewable Energy Development Agency (BOM:544026) Business Description

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Traded in Other Exchanges
Address
August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

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