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Trident Texofab (BOM:540726) Operating Margin % : 3.82% (As of Mar. 2024)


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What is Trident Texofab Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Trident Texofab's Operating Income for the three months ended in Mar. 2024 was ₹11.5 Mil. Trident Texofab's Revenue for the three months ended in Mar. 2024 was ₹301.7 Mil. Therefore, Trident Texofab's Operating Margin % for the quarter that ended in Mar. 2024 was 3.82%.

Good Sign:

Trident Texofab Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

BOM:540726' s Operating Margin % Range Over the Past 10 Years
Min: 1.29   Med: 3.07   Max: 4.84
Current: 4.53


BOM:540726's Operating Margin % is ranked better than
53.52% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.83 vs BOM:540726: 4.53

Trident Texofab's 5-Year Average Operating Margin % Growth Rate was 10.90% per year.

Trident Texofab's Operating Income for the three months ended in Mar. 2024 was ₹11.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹45.1 Mil.


Trident Texofab Operating Margin % Historical Data

The historical data trend for Trident Texofab'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.

Trident Texofab Operating Margin % Chart

Trident Texofab Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 3.72 3.94 4.84 4.53

Trident Texofab Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.51 4.43 3.65 6.45 3.82

Competitive Comparison of Trident Texofab's Operating Margin %

For the Textile Manufacturing subindustry, Trident Texofab'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.


Trident Texofab's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Trident Texofab's Operating Margin % falls into.



Trident Texofab 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.

Trident Texofab'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 )
=45.065 / 994.834
=4.53 %

Trident Texofab'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 )
=11.515 / 301.712
=3.82 %

* 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.


Trident Texofab  (BOM:540726) 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.


Trident Texofab Operating Margin % Related Terms

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


Trident Texofab (BOM:540726) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, Nodh-4/1650, Sahara Darwaja, 2004, 2nd Floor, North Extension, Falsawadi, Begumpura, Surat, GJ, IND, 395003
Trident Texofab Ltd is a multi-product fabric trading company. The company is engaged in the business of manufacturing & Wholesale Trading of Textile Fabric Cloth. The company's products offering includes curtains, shower curtains, cushion covers, pillows and Bed sheets. It operates through the Textile Fabric Cloth segment.

Trident Texofab (BOM:540726) Headlines

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