Magna Electro Castings (BOM:517449) Operating Income: ₹206 Mil (TTM As of Jun. 2026)

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BOM:517449 Magna Electro Castings Ltd BOM:517449
74 GF Score
Price ₹1,323.35
GF Value ₹1,037.68
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Magna Electro Castings Operating Income?

Magna Electro Castings BOM:517449 +0.39% 74 Operating Income is ₹206 Mil as of Jun. 2026. GuruFocus rates BOM:517449 with a GF Score™ of 74/100 and a GF Value™ of ₹1,037.68 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Magna Electro Castings's Operating Income for the three months ended in Jun. 2026 was ₹48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹206 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Magna Electro Castings's Operating Income for the three months ended in Jun. 2026 was ₹48 Mil. Magna Electro Castings's Revenue for the three months ended in Jun. 2026 was ₹508 Mil. Therefore, Magna Electro Castings's Operating Margin % for the quarter that ended in Jun. 2026 was 9.51%.

Good Sign:

Magna Electro Castings Ltd operating margin is expanding. Margin expansion is usually a good sign.

Magna Electro Castings's 5-Year average Growth Rate for Operating Margin % was 18.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magna Electro Castings's annualized ROC % for the quarter that ended in Jun. 2026 was 9.22%. Magna Electro Castings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.71%.


Magna Electro Castings  (BOM:517449) Operating Income Explanation

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

Magna Electro 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 )
=193.376 * ( 1 - 25.943% )/( (1553.392 + 0)/ 1 )
=143.20846432/1553.392
=9.22 %

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))
=1931.467 - 219.532 - ( 158.543 - max(0, 339.267 - 854.541+158.543))
=1553.392

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

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

Magna Electro 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 )
=212.928/( ( (1026.068 + max(329.065, 0)) + ( + max(0, 0)) )/ 1 )
=212.928/( ( 1355.133 + 0 )/ 1 )
=212.928/1355.133
=15.71 %

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)
=(438.951 + 189.481 + 8.543) - (219.532 + 0.015 + 88.363)
=329.065

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

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 %:

Magna Electro 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 )
=48.344/508.148
=9.51 %

* 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.


Magna Electro Castings Operating Income Related Terms


Magna Electro Castings Operating Income Historical Data

* Premium members only.

The historical data trend for Magna Electro 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.

Magna Electro Castings Operating Income Chart

Magna Electro 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 70.44 169.55 168.85 267.23 187.85

Magna Electro 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 84.97 69.26 48.03 40.39 48.34
BOM:517449
74GF Score
Magna Electro Castings Ltd BOM:517449
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Electro 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 ₹206 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 ₹206 Mil mean?
Magna Electro Castings (BOM:517449) has a Operating Income of ₹206 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Magna Electro Castings and its competitors.
Is Magna Electro Castings' Operating Income too high?
Magna Electro Castings' current Operating Income is ₹206 Mil. Overall, Magna Electro Castings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Operating Income compare to ATI and CRS?
Magna Electro Castings' Operating Income of ₹206 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Magna Electro Castings and its competitors. Magna Electro Castings's current Operating Income is ₹206 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,037.68, compared to a current price of ₹1,323.35 — trading 27.5% above its estimated fair value. The current Operating Income is ₹206 Mil. Magna Electro Castings' overall GF Score™ is 74/100 with 8 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 Magna Electro Castings (BOM:517449), the current Operating Income is ₹206 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued. The current stock price of ₹1,323.35 is trading 27.5% above its estimated GF Value™ of ₹1,037.68. GuruFocus considers Magna Electro Castings to be Modestly Overvalued.

Key valuation signals for BOM:517449:

  • Operating Income: ₹206 Mil
  • GF Value™: ₹1,037.68 vs. price of ₹1,323.35 (27.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs

No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Electro Castings Business Description

Address 43, Balasundaram Road, Coimbatore, TN, IND, 641018
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
74GF Score

Get the complete analysis for BOM:517449

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

₹1,323.35
Price
₹1,037.68
GF Value