GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swasti Vinayaka Synthetics Ltd (BOM:510245) » Definitions » Operating Margin %

Swasti Vinayaka Synthetics (BOM:510245) Operating Margin % : 7.78% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Swasti Vinayaka Synthetics Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Swasti Vinayaka Synthetics's Operating Income for the three months ended in Dec. 2023 was ₹8.4 Mil. Swasti Vinayaka Synthetics's Revenue for the three months ended in Dec. 2023 was ₹108.0 Mil. Therefore, Swasti Vinayaka Synthetics's Operating Margin % for the quarter that ended in Dec. 2023 was 7.78%.

Warning Sign:

Swasti Vinayaka Synthetics Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.

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

BOM:510245' s Operating Margin % Range Over the Past 10 Years
Min: 7.2   Med: 11.39   Max: 17.5
Current: 10.23


BOM:510245's Operating Margin % is ranked better than
79.07% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.83 vs BOM:510245: 10.23

Swasti Vinayaka Synthetics's 5-Year Average Operating Margin % Growth Rate was -4.60% per year.

Swasti Vinayaka Synthetics's Operating Income for the three months ended in Dec. 2023 was ₹8.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹33.1 Mil.


Swasti Vinayaka Synthetics Operating Margin % Historical Data

The historical data trend for Swasti Vinayaka Synthetics'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.

Swasti Vinayaka Synthetics Operating Margin % Chart

Swasti Vinayaka Synthetics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.00 9.85 17.50 12.11 10.66

Swasti Vinayaka Synthetics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.66 14.15 9.59 9.71 7.78

Competitive Comparison of Swasti Vinayaka Synthetics's Operating Margin %

For the Apparel Manufacturing subindustry, Swasti Vinayaka Synthetics'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.


Swasti Vinayaka Synthetics's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swasti Vinayaka Synthetics's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Swasti Vinayaka Synthetics's Operating Margin % falls into.



Swasti Vinayaka Synthetics 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.

Swasti Vinayaka Synthetics's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=28.591 / 268.23
=10.66 %

Swasti Vinayaka Synthetics's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=8.394 / 107.956
=7.78 %

* 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.


Swasti Vinayaka Synthetics  (BOM:510245) 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.


Swasti Vinayaka Synthetics Operating Margin % Related Terms

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


Swasti Vinayaka Synthetics (BOM:510245) Business Description

Traded in Other Exchanges
N/A
Address
J.R. Boricha Marg, 306, Tantia Jogani Industrial Estate, Next to Lodha Bellissimo, Lower Parel, Mumbai, MH, IND, 400 011
Swasti Vinayaka Synthetics Ltd is a manufacturer of suiting, shirting, and apparels including cotton, cotton-blended, and linen designer shirting. The company has weaving facilities that comprise Somet Super Excel Looms, yarn doublers, and stitching facilities at its plants located at Tarapur and Palghar in Maharashtra. Its products are sold directly to retail chains, the readymade garment sector, garment exporters, and corporate houses. The company supplies salwar kameez and tunics and designs bridal and formal ethnic wear for its boutique. Its shirting fabrics comprising of cotton, linen, lycra, polyester, viscose, and their blends.

Swasti Vinayaka Synthetics (BOM:510245) Headlines

No Headlines