Vesuvius India (BOM:520113) Operating Income: ₹2,872 Mil (TTM As of Jun. 2026)

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BOM:520113 Vesuvius India Ltd BOM:520113
77 GF Score
Price ₹412.95
GF Value ₹543.05
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vesuvius India Operating Income?

Vesuvius India BOM:520113 -0.85% 77 Operating Income is ₹2,872 Mil as of Jun. 2026. GuruFocus rates BOM:520113 with a GF Score™ of 77/100 and a GF Value™ of ₹543.05 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Vesuvius India's Operating Income for the three months ended in Jun. 2026 was ₹690 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,872 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vesuvius India's Operating Income for the three months ended in Jun. 2026 was ₹690 Mil. Vesuvius India's Revenue for the three months ended in Jun. 2026 was ₹5,355 Mil. Therefore, Vesuvius India's Operating Margin % for the quarter that ended in Jun. 2026 was 12.89%.

Good Sign:

Vesuvius India Ltd operating margin is expanding. Margin expansion is usually a good sign.

Vesuvius India's 5-Year average Growth Rate for Operating Margin % was 21.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vesuvius India's annualized ROC % for the quarter that ended in Jun. 2026 was 16.42%. Vesuvius India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 27.44%.


Vesuvius India  (BOM:520113) Operating Income Explanation

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

Vesuvius India'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 )
=2760.8 * ( 1 - 25.65% )/( (0 + 12502.7)/ 1 )
=2052.6548/12502.7
=16.42 %

where

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

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

Vesuvius India'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 )
=3160.8/( ( (0 + max(0, 0)) + (6737.8 + max(4781.5, 0)) )/ 1 )
=3160.8/( ( 0 + 11519.3 )/ 1 )
=3160.8/11519.3
=27.44 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5205.3 + 3238.7 + 548.5) - (3779.9 + 0 + 431.1)
=4781.5

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 %:

Vesuvius India'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 )
=690.2/5354.5
=12.89 %

* 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.


Vesuvius India Operating Income Related Terms


Vesuvius India Operating Income Historical Data

* Premium members only.

The historical data trend for Vesuvius India'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.

Vesuvius India Operating Income Chart

Vesuvius India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 736.90 1,389.40 2,536.40 3,060.30 3,047.20

Vesuvius India 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 765.10 757.60 761.50 662.60 690.20
BOM:520113
77GF Score
Vesuvius India Ltd BOM:520113
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vesuvius India 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 ₹2,872 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 ₹2,872 Mil mean?
Vesuvius India (BOM:520113) has a Operating Income of ₹2,872 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vesuvius India and its competitors.
Is Vesuvius India's Operating Income too high?
Vesuvius India's current Operating Income is ₹2,872 Mil. Overall, Vesuvius India has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vesuvius India's Operating Income compare to GEV and ETN?
Vesuvius India's Operating Income of ₹2,872 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 Vesuvius India and its competitors. Vesuvius India's current Operating Income is ₹2,872 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vesuvius India stock overvalued right now?
Based on GuruFocus' analysis, Vesuvius India (BOM:520113) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹543.05, compared to a current price of ₹412.95 — trading 24% below its estimated fair value. The current Operating Income is ₹2,872 Mil. Vesuvius India's overall GF Score™ is 77/100 with 2 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 Vesuvius India (BOM:520113), the current Operating Income is ₹2,872 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 Vesuvius India (BOM:520113) Overvalued in 2026?

Based on GuruFocus' analysis, Vesuvius India stock appears to be undervalued. The current stock price of ₹412.95 is trading 24% below its estimated GF Value™ of ₹543.05. GuruFocus considers Vesuvius India to be Modestly Undervalued.

Key valuation signals for BOM:520113:

  • Operating Income: ₹2,872 Mil
  • GF Value™: ₹543.05 vs. price of ₹412.95 (24% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the BOM:520113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vesuvius India Business Description

Other Exchanges VESUVIUS:India
Address Taratala Road, P-104, Kolkata, WB, IND, 700088
Vesuvius India Ltd is mainly engaged in the manufacturing and trading of refractory goods and providing refractory-related services. It operates across the full metallurgical value chain, supporting multiple stages of production, from melting and refining to casting and finishing. The company offers: slide gate equipment and porous plugs; monolithic, pre-cast shapes and taphole clay; crucibles; as well as solutions like Durasleeve, a refractory sleeve designed for continuous casting applications; Anteris 360, a laser-based vessel scanning system; SEM3085, Atom, OptiClean+, Elby, etc., catering to the needs of various industries in extreme conditions. Geographically, the company generates maximum revenue from India, and also sells its products to a lesser extent outside India.
77GF Score

Get the complete analysis for BOM:520113

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

₹412.95
Price
₹543.05
GF Value