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Black Box (NSE:BBOX) Operating Margin % : 6.47% (As of Mar. 2024)


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What is Black Box Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Black Box's Operating Income for the three months ended in Mar. 2024 was ₹958 Mil. Black Box's Revenue for the three months ended in Mar. 2024 was ₹14,804 Mil. Therefore, Black Box's Operating Margin % for the quarter that ended in Mar. 2024 was 6.47%.

Good Sign:

Black Box Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:BBOX' s Operating Margin % Range Over the Past 10 Years
Min: -0.09   Med: 3.08   Max: 5.96
Current: 4.97


NSE:BBOX's Operating Margin % is ranked better than
54.91% of 2752 companies
in the Software industry
Industry Median: 3.415 vs NSE:BBOX: 4.97

Black Box's 5-Year Average Operating Margin % Growth Rate was 4.60% per year.

Black Box's Operating Income for the three months ended in Mar. 2024 was ₹958 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3,119 Mil.


Black Box Operating Margin % Historical Data

The historical data trend for Black Box'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.

Black Box Operating Margin % Chart

Black Box 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 4.77 5.96 2.35 2.63 4.96

Black Box 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 3.93 3.79 4.43 5.24 6.47

Competitive Comparison of Black Box's Operating Margin %

For the Software - Application subindustry, Black Box'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.


Black Box's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Black Box's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Black Box's Operating Margin % falls into.



Black Box 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.

Black Box'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 )
=3118.6 / 62815.8
=4.96 %

Black Box'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 )
=957.8 / 14803.5
=6.47 %

* 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.


Black Box  (NSE:BBOX) 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.


Black Box Operating Margin % Related Terms

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


Black Box (NSE:BBOX) Business Description

Traded in Other Exchanges
Address
Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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