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Medi Assist Healthcare Services (NSE:MEDIASSIST) Operating Margin % : 14.86% (As of Sep. 2023)


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What is Medi Assist Healthcare Services Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Medi Assist Healthcare Services's Operating Income for the six months ended in Sep. 2023 was ₹449 Mil. Medi Assist Healthcare Services's Revenue for the six months ended in Sep. 2023 was ₹3,020 Mil. Therefore, Medi Assist Healthcare Services's Operating Margin % for the quarter that ended in Sep. 2023 was 14.86%.

The historical rank and industry rank for Medi Assist Healthcare Services's Operating Margin % or its related term are showing as below:

NSE:MEDIASSIST' s Operating Margin % Range Over the Past 10 Years
Min: 15.45   Med: 16.66   Max: 18.74
Current: 16.68


NSE:MEDIASSIST's Operating Margin % is ranked better than
76.47% of 17 companies
in the Healthcare Plans industry
Industry Median: 3.62 vs NSE:MEDIASSIST: 16.68

Medi Assist Healthcare Services's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Medi Assist Healthcare Services's Operating Income for the six months ended in Sep. 2023 was ₹449 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₹940 Mil.


Medi Assist Healthcare Services Operating Margin % Historical Data

The historical data trend for Medi Assist Healthcare Services'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.

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Medi Assist Healthcare Services Operating Margin % Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23
Operating Margin %
15.45 16.66 18.74

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Operating Margin % - - 18.70 18.77 14.86

Competitive Comparison of Medi Assist Healthcare Services's Operating Margin %

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.


Medi Assist Healthcare Services's Operating Margin % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Operating Margin % falls into.



Medi Assist Healthcare Services 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.

Medi Assist Healthcare Services'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 )
=946.2 / 5049.34
=18.74 %

Medi Assist Healthcare Services'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 )
=448.72 / 3019.56
=14.86 %

* 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.


Medi Assist Healthcare Services  (NSE:MEDIASSIST) 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.


Medi Assist Healthcare Services Operating Margin % Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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