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Tribhovandas Bhimji Zaveri (BOM:534369) Operating Margin % : 5.40% (As of Dec. 2023)


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What is Tribhovandas Bhimji Zaveri Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tribhovandas Bhimji Zaveri's Operating Income for the three months ended in Dec. 2023 was ₹400 Mil. Tribhovandas Bhimji Zaveri's Revenue for the three months ended in Dec. 2023 was ₹7,410 Mil. Therefore, Tribhovandas Bhimji Zaveri's Operating Margin % for the quarter that ended in Dec. 2023 was 5.40%.

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

BOM:534369' s Operating Margin % Range Over the Past 10 Years
Min: 2.64   Med: 4.18   Max: 7.68
Current: 5.47


BOM:534369's Operating Margin % is ranked better than
61.14% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 3.51 vs BOM:534369: 5.47

Tribhovandas Bhimji Zaveri's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.

Tribhovandas Bhimji Zaveri's Operating Income for the three months ended in Dec. 2023 was ₹400 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,234 Mil.


Tribhovandas Bhimji Zaveri Operating Margin % Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Operating Margin % Chart

Tribhovandas Bhimji Zaveri 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 4.17 4.92 7.68 3.22 4.22

Tribhovandas Bhimji Zaveri 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 4.66 7.28 4.57 4.90 5.40

Competitive Comparison of Tribhovandas Bhimji Zaveri's Operating Margin %

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Operating Margin % falls into.



Tribhovandas Bhimji Zaveri 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.

Tribhovandas Bhimji Zaveri'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 )
=1010.312 / 23934.325
=4.22 %

Tribhovandas Bhimji Zaveri'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 )
=399.799 / 7409.904
=5.40 %

* 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.


Tribhovandas Bhimji Zaveri  (BOM:534369) 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.


Tribhovandas Bhimji Zaveri Operating Margin % Related Terms

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


Tribhovandas Bhimji Zaveri (BOM:534369) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

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