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Centum Electronics (BOM:517544) Operating Income : ₹366 Mil (TTM As of Dec. 2024)


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What is Centum Electronics Operating Income?

Centum Electronics's Operating Income for the three months ended in Dec. 2024 was ₹88 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₹366 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Centum Electronics's Operating Income for the three months ended in Dec. 2024 was ₹88 Mil. Centum Electronics's Revenue for the three months ended in Dec. 2024 was ₹2,755 Mil. Therefore, Centum Electronics's Operating Margin % for the quarter that ended in Dec. 2024 was 3.19%.

Warning Sign:

Centum Electronics Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.6%.

Centum Electronics's 5-Year average Growth Rate for Operating Margin % was -13.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Centum Electronics's annualized ROC % for the quarter that ended in Dec. 2024 was 4.90%. Centum Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -14.03%.


Centum Electronics Operating Income Historical Data

The historical data trend for Centum Electronics'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.

Centum Electronics Operating Income Chart

Centum Electronics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 752.65 472.62 348.19 461.81 498.99

Centum Electronics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 173.74 154.38 32.73 91.09 87.81

Centum Electronics 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹366 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.


Centum Electronics  (BOM:517544) Operating Income Explanation

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

Centum Electronics's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=351.24 * ( 1 - -19.86% )/( (8589.17 + 0)/ 1 )
=420.996264/8589.17
=4.90 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Centum Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-328.44/( ( (1610.4 + max(731.1, 0)) + (0 + max(0, 0)) )/ 1 )
=-328.44/( ( 2341.5 + 0 )/ 1 )
=-328.44/2341.5
=-14.03 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2296.83 + 4016.24 + 1170.49) - (3119.42 + 0 + 3633.04)
=731.1

Working Capital(Q: Dec. 2024 )
=(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. 2024) EBIT data.

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

Centum Electronics's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=87.81/2754.73
=3.19 %

* 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.


Centum Electronics Operating Income Related Terms

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Centum Electronics Business Description

Traded in Other Exchanges
Address
No. 44 KHB Industrial area, Yelahanka New Town, Bangalore, KA, IND, 560106
Centum Electronics Ltd designs, manufactures and also exports electronic products. It also provides design services to its customers and these include systems, subsystems, modules, and complex electronic components. It provides mission-critical services and solutions to customers engaged in the Defence, Aerospace, Space, Medical, Transportation, and Industrial segments. The company's only operating segment is Electronic System Design and Manufacturing. Its geographical segments include India; Europe and the UK; North America; and the Rest of the world. India generates maximum revenue for the company.

Centum Electronics Headlines

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