Investment & Precision Castings (BOM:504786) Operating Income: ₹267 Mil (TTM As of Jun. 2026)

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BOM:504786 Investment & Precision Castings Ltd BOM:504786
53 GF Score
Price ₹1,407.65
GF Value ₹512.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Investment & Precision Castings Operating Income?

Investment & Precision Castings BOM:504786 +2.00% 53 Operating Income is ₹267 Mil as of Jun. 2026. GuruFocus rates BOM:504786 with a GF Score™ of 53/100 and a GF Value™ of ₹512.40 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Investment & Precision Castings's Operating Income for the three months ended in Jun. 2026 was ₹87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹267 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Investment & Precision Castings's Operating Income for the three months ended in Jun. 2026 was ₹87 Mil. Investment & Precision Castings's Revenue for the three months ended in Jun. 2026 was ₹533 Mil. Therefore, Investment & Precision Castings's Operating Margin % for the quarter that ended in Jun. 2026 was 16.25%.

Good Sign:

Investment & Precision Castings Ltd operating margin is expanding. Margin expansion is usually a good sign.

Investment & Precision Castings's 5-Year average Growth Rate for Operating Margin % was 18.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Investment & Precision Castings's annualized ROC % for the quarter that ended in Jun. 2026 was 13.30%. Investment & Precision Castings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.07%.


Investment & Precision Castings  (BOM:504786) Operating Income Explanation

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

Investment & Precision Castings's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=346.728 * ( 1 - 29.76% )/( (1830.625 + 0)/ 1 )
=243.5417472/1830.625
=13.30 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2165.677 - 312.949 - ( 22.103 - max(0, 869.713 - 1042.217+22.103))
=1830.625

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

Investment & Precision Castings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=352.828/( ( (1087.17 + max(670.917, 0)) + (0 + max(0, 0)) )/ 1 )
=352.828/( ( 1758.087 + 0 )/ 1 )
=352.828/1758.087
=20.07 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(393.123 + 517.018 + 96.984) - (312.949 + 0 + 23.259)
=670.917

Working Capital(Q: Jun. 2026 )
=(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 (Jun. 2026) EBIT data.

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

Investment & Precision Castings's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=86.682/533.358
=16.25 %

* 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.


Investment & Precision Castings Operating Income Related Terms


Investment & Precision Castings Operating Income Historical Data

* Premium members only.

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Operating Income Chart

Investment & Precision Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.05 143.97 176.48 150.89 226.34

Investment & Precision Castings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 43.82 52.59 58.42 68.91 86.68
BOM:504786
53GF Score
Investment & Precision Castings Ltd BOM:504786
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investment & Precision Castings 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹267 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹267 Mil mean?
Investment & Precision Castings (BOM:504786) has a Operating Income of ₹267 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Investment & Precision Castings and its competitors.
Is Investment & Precision Castings' Operating Income too high?
Investment & Precision Castings' current Operating Income is ₹267 Mil. Overall, Investment & Precision Castings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Investment & Precision Castings' Operating Income compare to NUE and STLD?
Investment & Precision Castings' Operating Income of ₹267 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Steel company?
A good Operating Income depends on the Steel industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Investment & Precision Castings and its competitors. Investment & Precision Castings's current Operating Income is ₹267 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment & Precision Castings stock overvalued right now?
Based on GuruFocus' analysis, Investment & Precision Castings (BOM:504786) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹512.40, compared to a current price of ₹1,407.65 — trading 174.7% above its estimated fair value. The current Operating Income is ₹267 Mil. Investment & Precision Castings' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Investment & Precision Castings (BOM:504786), the current Operating Income is ₹267 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Investment & Precision Castings (BOM:504786) Overvalued in 2026?

Based on GuruFocus' analysis, Investment & Precision Castings stock appears to be overvalued. The current stock price of ₹1,407.65 is trading 174.7% above its estimated GF Value™ of ₹512.40. GuruFocus considers Investment & Precision Castings to be Significantly Overvalued.

Key valuation signals for BOM:504786:

  • Operating Income: ₹267 Mil
  • GF Value™: ₹512.40 vs. price of ₹1,407.65 (174.7% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the BOM:504786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Investment & Precision Castings Business Description

Other Exchanges INVPRECQ:India
Address Nari Road, Bhavnagar, GJ, IND, 364006
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Power Generation. The majority of the company's revenue comes from the Investment Castings segment.
53GF Score

Get the complete analysis for BOM:504786

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,407.65
Price
₹512.40
GF Value