Patdiam Jewellery (BOM:539401) Operating Income: ₹170 Mil (TTM As of Mar. 2026)

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BOM:539401 Patdiam Jewellery Ltd BOM:539401
77 GF Score
Price ₹325.00
GF Value ₹405.30
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Patdiam Jewellery Operating Income?

Patdiam Jewellery BOM:539401 77 Operating Income is ₹170 Mil as of Mar. 2026. GuruFocus rates BOM:539401 with a GF Score™ of 77/100 and a GF Value™ of ₹405.30 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Patdiam Jewellery's Operating Income for the six months ended in Mar. 2026 was ₹154 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹170 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Patdiam Jewellery's Operating Income for the six months ended in Mar. 2026 was ₹154 Mil. Patdiam Jewellery's Revenue for the six months ended in Mar. 2026 was ₹1,731 Mil. Therefore, Patdiam Jewellery's Operating Margin % for the quarter that ended in Mar. 2026 was 8.91%.

Good Sign:

Patdiam Jewellery Ltd operating margin is expanding. Margin expansion is usually a good sign.

Patdiam Jewellery's 5-Year average Growth Rate for Operating Margin % was 1.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Patdiam Jewellery's annualized ROC % for the quarter that ended in Mar. 2026 was 10.16%. Patdiam Jewellery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.30%.


Patdiam Jewellery  (BOM:539401) Operating Income Explanation

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

Patdiam Jewellery's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=154.194 * ( 1 - 28.27% )/( (921.384 + 1256.549)/ 2 )
=110.6033562/1088.9665
=10.16 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=1224.926 - 297.413 - ( 6.129 - max(0, 474.828 - 1073.763+6.129))
=921.384

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))
=1598.72 - 281.556 - ( 60.615 - max(0, 656.685 - 1201.829+60.615))
=1256.549

Note: The Operating Income data used here is one times the annual (Mar. 2026) data.

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

Patdiam Jewellery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=243.396/( ( (110.696 + max(714.289, 0)) + (338.845 + max(686.801, 0)) )/ 2 )
=243.396/( ( 824.985 + 1025.646 )/ 2 )
=243.396/925.3155
=26.30 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(722.019 + 325.993 + 0) - (297.413 + 0 + 36.31)
=714.289

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(523.128 + 586.187 + 2.9699999999998) - (281.556 + 0 + 143.928)
=686.801

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2026) EBIT data.

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

Patdiam Jewellery's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=154.194/1731.229
=8.91 %

* 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.


Patdiam Jewellery Operating Income Related Terms


Patdiam Jewellery Operating Income Historical Data

* Premium members only.

The historical data trend for Patdiam Jewellery'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.

Patdiam Jewellery Operating Income Chart

Patdiam Jewellery 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 106.36 85.93 71.27 137.63 166.16

Patdiam Jewellery Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 40.83 31.32 106.31 15.68 154.19
BOM:539401
77GF Score
Patdiam Jewellery Ltd BOM:539401
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Patdiam Jewellery 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹170 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 ₹170 Mil mean?
Patdiam Jewellery (BOM:539401) has a Operating Income of ₹170 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Patdiam Jewellery and its competitors.
Is Patdiam Jewellery's Operating Income too high?
Patdiam Jewellery's current Operating Income is ₹170 Mil. Overall, Patdiam Jewellery has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patdiam Jewellery's Operating Income compare to TPR?
Patdiam Jewellery's Operating Income of ₹170 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Patdiam Jewellery and its competitors. Patdiam Jewellery's current Operating Income is ₹170 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patdiam Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Patdiam Jewellery (BOM:539401) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹405.30, compared to a current price of ₹325.00 — trading 19.8% below its estimated fair value. The current Operating Income is ₹170 Mil. Patdiam Jewellery's overall GF Score™ is 77/100 with 7 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 Patdiam Jewellery (BOM:539401), the current Operating Income is ₹170 Mil as of Mar. 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 Patdiam Jewellery (BOM:539401) Overvalued in 2026?

Based on GuruFocus' analysis, Patdiam Jewellery stock appears to be undervalued. The current stock price of ₹325.00 is trading 19.8% below its estimated GF Value™ of ₹405.30. GuruFocus considers Patdiam Jewellery to be Modestly Undervalued.

Key valuation signals for BOM:539401:

  • Operating Income: ₹170 Mil
  • GF Value™: ₹405.30 vs. price of ₹325.00 (19.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the BOM:539401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patdiam Jewellery Business Description

Address Gala No 102, Building No. 1, SEEPZ SEZ, Andheri (East), Mumbai, MH, IND, 400096
Patdiam Jewellery Ltd is a diamond jewelry manufacturing company. The Company is engaged in designing, manufacturing, and marketing various jewelry made out of gold, platinum with studded diamonds, and precious and semi-precious stones. Its products include Rings, Bangles, Earrings, Pendants, and Necklaces. It operates and markets its products to countries like the United States, Dubai, Japan, and Asia.
77GF Score

Get the complete analysis for BOM:539401

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

₹325.00
Price
₹405.30
GF Value