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Taj GVK Hotels & Resorts (BOM:532390) Operating Margin % : 33.20% (As of Dec. 2023)


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What is Taj GVK Hotels & Resorts Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Taj GVK Hotels & Resorts's Operating Income for the three months ended in Dec. 2023 was ₹369 Mil. Taj GVK Hotels & Resorts's Revenue for the three months ended in Dec. 2023 was ₹1,111 Mil. Therefore, Taj GVK Hotels & Resorts's Operating Margin % for the quarter that ended in Dec. 2023 was 33.20%.

The historical rank and industry rank for Taj GVK Hotels & Resorts's Operating Margin % or its related term are showing as below:

BOM:532390' s Operating Margin % Range Over the Past 10 Years
Min: -20.1   Med: 16.22   Max: 27.26
Current: 25.14


BOM:532390's Operating Margin % is ranked better than
87.42% of 819 companies
in the Travel & Leisure industry
Industry Median: 8.11 vs BOM:532390: 25.14

Taj GVK Hotels & Resorts's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Taj GVK Hotels & Resorts's Operating Income for the three months ended in Dec. 2023 was ₹369 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹995 Mil.


Taj GVK Hotels & Resorts Operating Margin % Historical Data

The historical data trend for Taj GVK Hotels & Resorts'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.

Taj GVK Hotels & Resorts Operating Margin % Chart

Taj GVK Hotels & Resorts 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 16.91 18.83 -20.10 15.93 27.26

Taj GVK Hotels & Resorts 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 27.97 21.22 24.65 20.17 33.20

Competitive Comparison of Taj GVK Hotels & Resorts's Operating Margin %

For the Lodging subindustry, Taj GVK Hotels & Resorts'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.


Taj GVK Hotels & Resorts's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Taj GVK Hotels & Resorts's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Taj GVK Hotels & Resorts's Operating Margin % falls into.



Taj GVK Hotels & Resorts 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.

Taj GVK Hotels & Resorts'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 )
=1045.762 / 3835.848
=27.26 %

Taj GVK Hotels & Resorts'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 )
=369 / 1111.3
=33.20 %

* 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.


Taj GVK Hotels & Resorts  (BOM:532390) 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.


Taj GVK Hotels & Resorts Operating Margin % Related Terms

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Taj GVK Hotels & Resorts (BOM:532390) Business Description

Traded in Other Exchanges
Address
Taj Krishna, Road No. 1, Banjara Hills, Hyderabad, TG, IND, 500 034
Taj GVK Hotels & Resorts Ltd is an Indian-based company, which is engaged in the business of owning, operating and managing hotels, palaces, and resorts with the brand name TAJ. The business activities of the group include operations of rooms, restaurants, bars, and banquets. It operates a range of hotels under the Taj brand which are Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House, and Taj Santacruz.

Taj GVK Hotels & Resorts (BOM:532390) Headlines

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