IIRM Holdings India (BOM:526530) Operating Income: ₹433 Mil (TTM As of Jun. 2026)

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BOM:526530 IIRM Holdings India Ltd BOM:526530
53 GF Score
Price ₹144.05
GF Value ₹105.62
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IIRM Holdings India Operating Income?

IIRM Holdings India BOM:526530 +4.65% 53 Operating Income is ₹433 Mil as of Jun. 2026. GuruFocus rates BOM:526530 with a GF Score™ of 53/100 and a GF Value™ of ₹105.62 (Significantly Overvalued). The stock has 5 warning signs investors should review.

IIRM Holdings India's Operating Income for the three months ended in Jun. 2026 was ₹141 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹433 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. IIRM Holdings India's Operating Income for the three months ended in Jun. 2026 was ₹141 Mil. IIRM Holdings India's Revenue for the three months ended in Jun. 2026 was ₹735 Mil. Therefore, IIRM Holdings India's Operating Margin % for the quarter that ended in Jun. 2026 was 19.21%.

IIRM Holdings India's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IIRM Holdings India's annualized ROC % for the quarter that ended in Jun. 2026 was 21.40%. IIRM Holdings India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 53.69%.


IIRM Holdings India  (BOM:526530) Operating Income Explanation

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

IIRM Holdings 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 )
=564.932 * ( 1 - 24.438% )/( (1994.991 + 0)/ 1 )
=426.87391784/1994.991
=21.40 %

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))
=2824.913 - 68.353 - ( 761.569 - max(0, 434.909 - 2025.86+761.569))
=1994.991

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

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

IIRM Holdings 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 )
=574.372/( ( (200.543 + max(869.335, 0)) + ( + max(0, 0)) )/ 1 )
=574.372/( ( 1069.878 + 0 )/ 1 )
=574.372/1069.878
=53.69 %

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)
=(938.262 + 0 + 197.457) - (68.353 + 16.566 + 181.465)
=869.335

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 %:

IIRM Holdings 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 )
=141.233/735.035
=19.21 %

* 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.


IIRM Holdings India Operating Income Related Terms


IIRM Holdings India Operating Income Historical Data

* Premium members only.

The historical data trend for IIRM Holdings 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.

IIRM Holdings India Operating Income Chart

IIRM Holdings India 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 -1.42 1.91 325.93 332.16 410.76

IIRM Holdings 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 115.14 89.85 82.51 119.53 141.23
BOM:526530
53GF Score
IIRM Holdings India Ltd BOM:526530
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IIRM Holdings 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 ₹433 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 ₹433 Mil mean?
IIRM Holdings India (BOM:526530) has a Operating Income of ₹433 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on IIRM Holdings India and its competitors.
Is IIRM Holdings India's Operating Income too high?
IIRM Holdings India's current Operating Income is ₹433 Mil. Overall, IIRM Holdings India has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IIRM Holdings India's Operating Income compare to MRSH and AON?
IIRM Holdings India's Operating Income of ₹433 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Operating Income depends on the Insurance 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 IIRM Holdings India and its competitors. IIRM Holdings India's current Operating Income is ₹433 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IIRM Holdings India stock overvalued right now?
Based on GuruFocus' analysis, IIRM Holdings India (BOM:526530) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹105.62, compared to a current price of ₹144.05 — trading 36.4% above its estimated fair value. The current Operating Income is ₹433 Mil. IIRM Holdings India's 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 IIRM Holdings India (BOM:526530), the current Operating Income is ₹433 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 IIRM Holdings India (BOM:526530) Overvalued in 2026?

Based on GuruFocus' analysis, IIRM Holdings India stock appears to be overvalued. The current stock price of ₹144.05 is trading 36.4% above its estimated GF Value™ of ₹105.62. GuruFocus considers IIRM Holdings India to be Significantly Overvalued.

Key valuation signals for BOM:526530:

  • Operating Income: ₹433 Mil
  • GF Value™: ₹105.62 vs. price of ₹144.05 (36.4% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the BOM:526530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IIRM Holdings India Business Description

Address Sardar Patel Road, 5th Floor, Ashoka My Home Chambers, Sindhi Colony, Begumpet, Secunderabad, Hyderabad, TG, IND, 500003
IIRM Holdings India Ltd invests in various group companies involved in insurance distribution, wellness services, and insurance staffing and skill development services. The group comprises approximately 7 companies, each specializing in a different area within this spectrum of services. Together with its Subsidiaries and Associates engaged in Insurance Distribution are Regulated by the respective Regulators in their respective Geographies. It currently operates in India, Singapore, Sri Lanka, Maldives and Kenya through entities in respective countries.
53GF Score

Get the complete analysis for BOM:526530

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

₹144.05
Price
₹105.62
GF Value