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Pro Fin Capital Services (BOM:511557) Operating Income : ₹225.9 Mil (TTM As of Dec. 2023)


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What is Pro Fin Capital Services Operating Income?

Pro Fin Capital Services's Operating Income for the three months ended in Dec. 2023 was ₹8.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹225.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pro Fin Capital Services's Operating Income for the three months ended in Dec. 2023 was ₹8.5 Mil. Pro Fin Capital Services's Revenue for the three months ended in Dec. 2023 was ₹57.0 Mil. Therefore, Pro Fin Capital Services's Operating Margin % for the quarter that ended in Dec. 2023 was 14.93%.

Good Sign:

Pro Fin Capital Services Ltd operating margin is expanding. Margin expansion is usually a good sign.

Pro Fin Capital Services's 5-Year average Growth Rate for Operating Margin % was 105.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pro Fin Capital Services's annualized ROC % for the quarter that ended in Dec. 2023 was 0.74%. Pro Fin Capital Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.24%.


Pro Fin Capital Services Operating Income Historical Data

The historical data trend for Pro Fin Capital Services's Operating Income 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.

Pro Fin Capital Services Operating Income Chart

Pro Fin Capital Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.69 152.80 78.95 247.33 131.98

Pro Fin Capital Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income 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 0.30 128.67 52.61 36.12 8.51

Pro Fin Capital Services Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹225.9 Mil.

* 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.


Pro Fin Capital Services  (BOM:511557) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pro Fin Capital Services's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=34.02 * ( 1 - 25.26% )/( (3457.747 + 0)/ 1 )
=25.426548/3457.747
=0.74 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Pro Fin Capital Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=34.02/( ( (42.298 + max(98.033, 0)) + (0 + max(0, 0)) )/ 1 )
=34.02/( ( 140.331 + 0 )/ 1 )
=34.02/140.331
=24.24 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 25.754 + 74.518) - (2.239 + 0 + 0)
=98.033

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Pro Fin Capital Services'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 )
=8.505/56.97
=14.93 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, 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 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.


Pro Fin Capital Services Operating Income Related Terms

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Pro Fin Capital Services (BOM:511557) Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, B-503, Western Edge 2, Borivali (East), Mumbai, MH, IND, 400066
Pro Fin Capital Services Ltd is a non-banking finance company. It provides financial services and solutions such as trading, currency derivatives, commodities, and depository services. The company offers services on the both National Stock Exchange and Bombay Stock Exchange platforms. Geographically all the business activities functioned through the regions of India. Revenue is generated from the sale of shares, processing charges, and interest received. The majority of the revenue is generated from the interest that is received.

Pro Fin Capital Services (BOM:511557) Headlines

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