Sigma Advanced Systems (BOM:532408) Operating Income: ₹1,000 Mil (TTM As of Jun. 2026)

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BOM:532408 Sigma Advanced Systems Ltd BOM:532408
32 GF Score
Price ₹793.15
! 6 Warning Signs
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What is Sigma Advanced Systems Operating Income?

Sigma Advanced Systems BOM:532408 +5.00% 32 Operating Income is ₹1,000 Mil as of Jun. 2026. GuruFocus rates BOM:532408 with a GF Score™ of 32/100. The stock has 6 warning signs investors should review.

Sigma Advanced Systems's Operating Income for the three months ended in Jun. 2026 was ₹534 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,000 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sigma Advanced Systems's Operating Income for the three months ended in Jun. 2026 was ₹534 Mil. Sigma Advanced Systems's Revenue for the three months ended in Jun. 2026 was ₹3,743 Mil. Therefore, Sigma Advanced Systems's Operating Margin % for the quarter that ended in Jun. 2026 was 14.27%.

Sigma Advanced Systems'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. Sigma Advanced Systems's annualized ROC % for the quarter that ended in Jun. 2026 was 20.44%. Sigma Advanced Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 48.00%.


Sigma Advanced Systems  (BOM:532408) Operating Income Explanation

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

Sigma Advanced Systems'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 )
=2136.208 * ( 1 - 22.47% )/( (8103.854 + 0)/ 1 )
=1656.2020624/8103.854
=20.44 %

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))
=10591.299 - 2518.404 - ( 207.562 - max(0, 4550.144 - 4519.185+207.562))
=8103.854

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

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

Sigma Advanced Systems'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 )
=2271.248/( ( (3028.87 + max(1703.148, 0)) + (0 + max(0, 0)) )/ 1 )
=2271.248/( ( 4732.018 + 0 )/ 1 )
=2271.248/4732.018
=48.00 %

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)
=(3634.386 + 1933.364 + -1294.433) - (2518.404 + 0 + 51.765)
=1703.148

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 %:

Sigma Advanced Systems'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 )
=534.052/3742.773
=14.27 %

* 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.


Sigma Advanced Systems Operating Income Related Terms


Sigma Advanced Systems Operating Income Historical Data

* Premium members only.

The historical data trend for Sigma Advanced Systems'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.

Sigma Advanced Systems Operating Income Chart

Sigma Advanced Systems 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 -70.95 -184.06 -121.08 103.47 519.45

Sigma Advanced Systems 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 -161.19 -29.04 8.64 486.16 534.05
BOM:532408
32GF Score
Sigma Advanced Systems Ltd BOM:532408
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sigma Advanced Systems 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 ₹1,000 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 ₹1,000 Mil mean?
Sigma Advanced Systems (BOM:532408) has a Operating Income of ₹1,000 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sigma Advanced Systems and its competitors.
Is Sigma Advanced Systems' Operating Income too high?
Sigma Advanced Systems' current Operating Income is ₹1,000 Mil. Overall, Sigma Advanced Systems has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Sigma Advanced Systems' Operating Income compare to SPCX and GE?
Sigma Advanced Systems' Operating Income of ₹1,000 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 Sigma Advanced Systems and its competitors. Sigma Advanced Systems's current Operating Income is ₹1,000 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Advanced Systems stock overvalued right now?
Sigma Advanced Systems (BOM:532408) has a current Operating Income of ₹1,000 Mil. The current Operating Income is ₹1,000 Mil. Sigma Advanced Systems' overall GF Score™ is 32/100 with 6 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 Sigma Advanced Systems (BOM:532408), the current Operating Income is ₹1,000 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.

Sigma Advanced Systems Business Description

Other Exchanges SIGMAADV:India
Address Image Garden Road, 8th Floor, Unit No. 801B, Plot No. 1, 28 & 29, 98/4/1 to 13, Jain Sadguru Image’s Capital Park, Madhapur, Hyderabad, TG, IND, 500081
Sigma Advanced Systems Ltd operates as a manufacturer and service provider of defense systems and security solutions. It specializes in the design, development, and production of defense and aerospace solutions. The company's portfolio includes avionics, naval systems, torpedo systems, communication systems, submarine platforms, radar systems, and counter-unmanned aerial systems for defence and homeland security applications.
32GF Score

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

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