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Laxmipati Engineering Works (BOM:537669) Operating Margin % : 11.33% (As of Sep. 2023)


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What is Laxmipati Engineering Works Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Laxmipati Engineering Works's Operating Income for the six months ended in Sep. 2023 was ₹19.8 Mil. Laxmipati Engineering Works's Revenue for the six months ended in Sep. 2023 was ₹174.4 Mil. Therefore, Laxmipati Engineering Works's Operating Margin % for the quarter that ended in Sep. 2023 was 11.33%.

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

BOM:537669' s Operating Margin % Range Over the Past 10 Years
Min: -81.62   Med: 12.61   Max: 31.38
Current: 8.04


BOM:537669's Operating Margin % is not ranked
in the Aerospace & Defense industry.
Industry Median: 6.625 vs BOM:537669: 8.04

Laxmipati Engineering Works's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Laxmipati Engineering Works's Operating Income for the six months ended in Sep. 2023 was ₹19.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₹22.3 Mil.

Warning Sign:

Laxmipati Engineering Works Ltd had lost money in 67% of the time over the past 3quarters.


Laxmipati Engineering Works Operating Margin % Historical Data

The historical data trend for Laxmipati Engineering Works'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.

Laxmipati Engineering Works Operating Margin % Chart

Laxmipati Engineering Works 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 14.90 13.65 -27.12 11.57 -9.31

Laxmipati Engineering Works Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.03 24.40 -34.21 2.47 11.33

Competitive Comparison of Laxmipati Engineering Works's Operating Margin %

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works's Operating Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Laxmipati Engineering Works's Operating Margin % falls into.



Laxmipati Engineering Works 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.

Laxmipati Engineering Works'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 )
=-14.152 / 152.029
=-9.31 %

Laxmipati Engineering Works's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=19.759 / 174.415
=11.33 %

* 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.


Laxmipati Engineering Works  (BOM:537669) 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.


Laxmipati Engineering Works Operating Margin % Related Terms

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Laxmipati Engineering Works (BOM:537669) Business Description

Traded in Other Exchanges
N/A
Address
Central Park Society, Office Block 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the Business of Ship Building, Ship Repair, Fabrication, Heavy Engineering, Engineering Infrastructure and services and Precision Machining.

Laxmipati Engineering Works (BOM:537669) Headlines

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