Aban Offshore Operating margin
What is the Operating margin of Aban Offshore?
The Operating margin of Aban Offshore Limited is -45.46%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Energy sector on NSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates various offshore drilling rigs, drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with operating margin similar to Aban Offshore
- Tinkerine Studios has Operating margin of -45.57%
- Mineral Commodities Ltd has Operating margin of -45.57%
- Firstwave Cloud Technology has Operating margin of -45.57%
- Hotel Leelaventure has Operating margin of -45.55%
- DraftKings has Operating margin of -45.53%
- DraftKings has Operating margin of -45.53%
- Aban Offshore has Operating margin of -45.46%
- Hang Tai Yue has Operating margin of -45.44%
- Eros International Plc has Operating margin of -45.41%
- Crosstec has Operating margin of -45.36%
- CARBO Ceramics has Operating margin of -45.33%
- One Media has Operating margin of -45.29%
- Reliq Health Technologies has Operating margin of -45.26%