Elgi Equipments (BOM:522074) Operating Income: ₹5,216 Mil (TTM As of Jun. 2026)

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BOM:522074 Elgi Equipments Ltd BOM:522074
95 GF Score
Price ₹642.30
GF Value ₹667.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Elgi Equipments Operating Income?

Elgi Equipments BOM:522074 +0.06% 95 Operating Income is ₹5,216 Mil as of Jun. 2026. GuruFocus rates BOM:522074 with a GF Score™ of 95/100 and a GF Value™ of ₹667.31 (Fairly Valued). The stock has 4 warning signs investors should review.

Elgi Equipments's Operating Income for the three months ended in Jun. 2026 was ₹1,306 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,216 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Elgi Equipments's Operating Income for the three months ended in Jun. 2026 was ₹1,306 Mil. Elgi Equipments's Revenue for the three months ended in Jun. 2026 was ₹10,622 Mil. Therefore, Elgi Equipments's Operating Margin % for the quarter that ended in Jun. 2026 was 12.30%.

Good Sign:

Elgi Equipments Ltd operating margin is expanding. Margin expansion is usually a good sign.

Elgi Equipments's 5-Year average Growth Rate for Operating Margin % was 11.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elgi Equipments's annualized ROC % for the quarter that ended in Jun. 2026 was 19.14%. Elgi Equipments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 42.66%.


Elgi Equipments  (BOM:522074) Operating Income Explanation

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

Elgi Equipments'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 )
=5224 * ( 1 - 25.95% )/( (20214 + 0)/ 1 )
=3868.372/20214
=19.14 %

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:

Elgi Equipments'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 )
=5820/( ( (5808 + max(7836, 0)) + (0 + max(0, 0)) )/ 1 )
=5820/( ( 13644 + 0 )/ 1 )
=5820/13644
=42.66 %

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)
=(7239 + 7107 + 1010) - (5994 + 0 + 1526)
=7836

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 %:

Elgi Equipments'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 )
=1306/10622
=12.30 %

* 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.


Elgi Equipments Operating Income Related Terms


Elgi Equipments Operating Income Historical Data

* Premium members only.

The historical data trend for Elgi Equipments'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.

Elgi Equipments Operating Income Chart

Elgi Equipments 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 2,257.45 3,596.43 4,141.00 4,593.00 5,024.00

Elgi Equipments 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 1,023.00 1,192.00 1,226.00 1,492.00 1,306.00
BOM:522074
95GF Score
Elgi Equipments Ltd BOM:522074
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Elgi Equipments 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 ₹5,216 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 ₹5,216 Mil mean?
Elgi Equipments (BOM:522074) has a Operating Income of ₹5,216 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Elgi Equipments and its competitors.
Is Elgi Equipments' Operating Income too high?
Elgi Equipments' current Operating Income is ₹5,216 Mil. Overall, Elgi Equipments has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Operating Income compare to GEV and ETN?
Elgi Equipments' Operating Income of ₹5,216 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 Elgi Equipments and its competitors. Elgi Equipments's current Operating Income is ₹5,216 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Fairly Valued. The stock's GF Value™ is ₹667.31, compared to a current price of ₹642.30 — trading 3.7% below its estimated fair value. The current Operating Income is ₹5,216 Mil. Elgi Equipments' overall GF Score™ is 95/100 with 4 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 Elgi Equipments (BOM:522074), the current Operating Income is ₹5,216 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 Elgi Equipments (BOM:522074) Overvalued in 2026?

Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued. The current stock price of ₹642.30 is trading 3.7% below its estimated GF Value™ of ₹667.31. GuruFocus considers Elgi Equipments to be Fairly Valued.

Key valuation signals for BOM:522074:

  • Operating Income: ₹5,216 Mil
  • GF Value™: ₹667.31 vs. price of ₹642.30 (3.7% below fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elgi Equipments Business Description

Other Exchanges ELGIEQUIP:India
Address Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641005
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
95GF Score

Get the complete analysis for BOM:522074

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

₹642.30
Price
₹667.31
GF Value