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Rockingdeals Circular Economy (NSE:ROCKINGDCE) Operating Margin % : 14.66% (As of Mar. 2024)


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What is Rockingdeals Circular Economy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Rockingdeals Circular Economy's Operating Income for the six months ended in Mar. 2024 was ₹72.7 Mil. Rockingdeals Circular Economy's Revenue for the six months ended in Mar. 2024 was ₹495.6 Mil. Therefore, Rockingdeals Circular Economy's Operating Margin % for the quarter that ended in Mar. 2024 was 14.66%.

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

NSE:ROCKINGDCE' s Operating Margin % Range Over the Past 10 Years
Min: 0.59   Med: 8.56   Max: 14.85
Current: 14.66


NSE:ROCKINGDCE's Operating Margin % is ranked better than
90.13% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 3.6 vs NSE:ROCKINGDCE: 14.66

Rockingdeals Circular Economy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Rockingdeals Circular Economy's Operating Income for the six months ended in Mar. 2024 was ₹72.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹72.7 Mil.


Rockingdeals Circular Economy Operating Margin % Historical Data

The historical data trend for Rockingdeals Circular Economy'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.

Rockingdeals Circular Economy Operating Margin % Chart

Rockingdeals Circular Economy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Operating Margin %
2.45 0.59 14.85 14.66

Rockingdeals Circular Economy Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Operating Margin % 2.45 0.59 14.85 14.66

Competitive Comparison of Rockingdeals Circular Economy's Operating Margin %

For the Department Stores subindustry, Rockingdeals Circular Economy'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.


Rockingdeals Circular Economy's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rockingdeals Circular Economy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Rockingdeals Circular Economy's Operating Margin % falls into.



Rockingdeals Circular Economy 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.

Rockingdeals Circular Economy'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 )
=72.668 / 495.612
=14.66 %

Rockingdeals Circular Economy'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 )
=72.668 / 495.612
=14.66 %

* 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.


Rockingdeals Circular Economy  (NSE:ROCKINGDCE) 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.


Rockingdeals Circular Economy Operating Margin % Related Terms

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Rockingdeals Circular Economy Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Sarai Khawaja Village, Faridabad, HR, IND, 121003
Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

Rockingdeals Circular Economy Headlines

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