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Gujarat Containers (BOM:513507) Operating Income : ₹148 Mil (TTM As of Dec. 2023)


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What is Gujarat Containers Operating Income?

Gujarat Containers's Operating Income for the three months ended in Dec. 2023 was ₹35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹148 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Gujarat Containers's Operating Income for the three months ended in Dec. 2023 was ₹35 Mil. Gujarat Containers's Revenue for the three months ended in Dec. 2023 was ₹377 Mil. Therefore, Gujarat Containers's Operating Margin % for the quarter that ended in Dec. 2023 was 9.30%.

Good Sign:

Gujarat Containers Ltd operating margin is expanding. Margin expansion is usually a good sign.

Gujarat Containers's 5-Year average Growth Rate for Operating Margin % was 13.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gujarat Containers's annualized ROC % for the quarter that ended in Dec. 2023 was 16.67%. Gujarat Containers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.09%.


Gujarat Containers Operating Income Historical Data

The historical data trend for Gujarat Containers'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.

Gujarat Containers Operating Income Chart

Gujarat Containers 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 55.67 59.29 64.98 167.54 167.44

Gujarat Containers 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 31.72 36.71 36.14 39.90 35.08

Gujarat Containers 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 ₹148 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.


Gujarat Containers  (BOM:513507) Operating Income Explanation

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

Gujarat Containers'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 )
=140.328 * ( 1 - 24.23% )/( (637.815 + 0)/ 1 )
=106.3265256/637.815
=16.67 %

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:

Gujarat Containers'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 )
=140.348/( ( (239.061 + max(368.859, 0)) + (0 + max(0, 0)) )/ 1 )
=140.348/( ( 607.92 + 0 )/ 1 )
=140.348/607.92
=23.09 %

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)
=(277.211 + 106.341 + 35.398) - (32.088 + 0 + 18.003)
=368.859

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 %:

Gujarat Containers'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 )
=35.082/377.254
=9.30 %

* 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.


Gujarat Containers Operating Income Related Terms

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Gujarat Containers (BOM:513507) Business Description

Traded in Other Exchanges
N/A
Address
R.C.Dutt Road, 201/202, Alkapuri Arcade, B Wing, Opposite Welcome Hotel, Alkapuri, Vadodara, GJ, IND, 390007
Gujarat Containers Ltd is a container manufacturing company. It is engaged in the manufacturing of various types of barrels. Its products include galvanized, epoxy, composite, all side welded, open-top, M.S. plain, non-return valve, HMHDPE, and GP sheet barrels, as well as carboys and liners, and jerry cans. The company offers its products for applications in various industries, including a plethora of chemicals; agrochemicals, aromatic products; paints, coatings, and dyestuff; food products; petroleum products and their by-products; lubricating oils; pharmaceutical; hazardous chemicals; and resins. The company operates in one operating segment namely, the business of manufacturing steel barrels.

Gujarat Containers (BOM:513507) Headlines

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