GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rishi Techtex Ltd (BOM:523021) » Definitions » Operating Margin %

Rishi Techtex (BOM:523021) Operating Margin % : 3.61% (As of Dec. 2023)


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

What is Rishi Techtex Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Rishi Techtex's Operating Income for the three months ended in Dec. 2023 was ₹10 Mil. Rishi Techtex's Revenue for the three months ended in Dec. 2023 was ₹277 Mil. Therefore, Rishi Techtex's Operating Margin % for the quarter that ended in Dec. 2023 was 3.61%.

Warning Sign:

Rishi Techtex Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.6%.

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

BOM:523021' s Operating Margin % Range Over the Past 10 Years
Min: 3.34   Med: 5.48   Max: 7.39
Current: 3.79


BOM:523021's Operating Margin % is ranked worse than
63.61% of 382 companies
in the Packaging & Containers industry
Industry Median: 6.055 vs BOM:523021: 3.79

Rishi Techtex's 5-Year Average Operating Margin % Growth Rate was -15.60% per year.

Rishi Techtex's Operating Income for the three months ended in Dec. 2023 was ₹10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹42 Mil.


Rishi Techtex Operating Margin % Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex Operating Margin % Chart

Rishi Techtex 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 7.39 5.63 3.69 4.19 3.34

Rishi Techtex 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 3.02 3.84 4.25 3.49 3.61

Competitive Comparison of Rishi Techtex's Operating Margin %

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Operating Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Rishi Techtex's Operating Margin % falls into.



Rishi Techtex 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.

Rishi Techtex'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 )
=35.572 / 1066.247
=3.34 %

Rishi Techtex'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 )
=9.996 / 277.172
=3.61 %

* 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.


Rishi Techtex  (BOM:523021) 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.


Rishi Techtex Operating Margin % Related Terms

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


Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

Rishi Techtex (BOM:523021) Headlines

No Headlines