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Laxmi Goldorna House (NSE:LGHL) Operating Margin % : 8.48% (As of Mar. 2024)


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What is Laxmi Goldorna House Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Laxmi Goldorna House's Operating Income for the six months ended in Mar. 2024 was ₹171 Mil. Laxmi Goldorna House's Revenue for the six months ended in Mar. 2024 was ₹2,019 Mil. Therefore, Laxmi Goldorna House's Operating Margin % for the quarter that ended in Mar. 2024 was 8.48%.

Good Sign:

Laxmi Goldorna House Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:LGHL' s Operating Margin % Range Over the Past 10 Years
Min: 2.27   Med: 3.06   Max: 8.48
Current: 8.48


NSE:LGHL's Operating Margin % is ranked better than
74.07% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 3.61 vs NSE:LGHL: 8.48

Laxmi Goldorna House's 5-Year Average Operating Margin % Growth Rate was 18.90% per year.

Laxmi Goldorna House's Operating Income for the six months ended in Mar. 2024 was ₹171 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹171 Mil.


Laxmi Goldorna House Operating Margin % Historical Data

The historical data trend for Laxmi Goldorna House'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.

Laxmi Goldorna House Operating Margin % Chart

Laxmi Goldorna House Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial 2.44 2.86 3.25 4.59 8.48

Laxmi Goldorna House Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin % Get a 7-Day Free Trial 2.44 2.86 3.25 4.59 8.48

Competitive Comparison of Laxmi Goldorna House's Operating Margin %

For the Luxury Goods subindustry, Laxmi Goldorna House'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.


Laxmi Goldorna House's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laxmi Goldorna House's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Laxmi Goldorna House's Operating Margin % falls into.



Laxmi Goldorna House 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.

Laxmi Goldorna House'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 )
=171.234 / 2019.337
=8.48 %

Laxmi Goldorna House'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 )
=171.234 / 2019.337
=8.48 %

* 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.


Laxmi Goldorna House  (NSE:LGHL) 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.


Laxmi Goldorna House Operating Margin % Related Terms

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Laxmi Goldorna House Business Description

Traded in Other Exchanges
N/A
Address
M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001
Laxmi Goldorna House Ltd is engaged in manufacturing and trading business of branded gold jewellery and ornaments. Its collection of manufactured product includes gold jewellery with or without studded precious and semi-precious stones. It is also engaged in the real estate business that includes the construction of commercial and residential projects.