Promax Power (BOM:543375) Operating Income: ₹31.0 Mil (TTM As of Mar. 2026)

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BOM:543375 Promax Power Ltd BOM:543375
63 GF Score
Price ₹12.90
GF Value ₹28.78
Valuation Possible Value Trap
! 7 Warning Signs
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What is Promax Power Operating Income?

Promax Power BOM:543375 63 Operating Income is ₹31.0 Mil as of Mar. 2026. GuruFocus rates BOM:543375 with a GF Score™ of 63/100 and a GF Value™ of ₹28.78 (Possible Value Trap). The stock has 7 warning signs investors should review.

Promax Power's Operating Income for the six months ended in Mar. 2026 was ₹5.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹31.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Promax Power's Operating Income for the six months ended in Mar. 2026 was ₹5.1 Mil. Promax Power's Revenue for the six months ended in Mar. 2026 was ₹344.0 Mil. Therefore, Promax Power's Operating Margin % for the quarter that ended in Mar. 2026 was 1.47%.

Good Sign:

Promax Power Ltd operating margin is expanding. Margin expansion is usually a good sign.

Promax Power's 5-Year average Growth Rate for Operating Margin % was 15.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Promax Power's annualized ROC % for the quarter that ended in Mar. 2026 was 1.86%. Promax Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.22%.


Promax Power  (BOM:543375) Operating Income Explanation

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

Promax Power'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 )
=10.102 * ( 1 - 0% )/( (513.475 + 571.288)/ 2 )
=10.102/542.3815
=1.86 %

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))
=660.926 - 31.619 - ( 58.019 - max(0, 310.897 - 611.444+58.019))
=571.288

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

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

Promax Power'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 )
=14.512/( ( (3.516 + max(399.736, 0)) + (3.244 + max(494.728, 0)) )/ 2 )
=14.512/( ( 403.252 + 497.972 )/ 2 )
=14.512/450.612
=3.22 %

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)
=(147.473 + 256.847 + 147.139) - (87.561 + 0 + 64.162)
=399.736

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.483 + 309.299 + 30.55) - (31.619 + 5.351 + 15.634)
=494.728

When net working capital is negative, 0 is used.

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

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

Promax Power'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 )
=5.051/344.042
=1.47 %

* 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.


Promax Power Operating Income Related Terms


Promax Power Operating Income Historical Data

* Premium members only.

The historical data trend for Promax Power'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.

Promax Power Operating Income Chart

Promax Power Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
14.21 17.61 32.62 45.78 30.97

Promax Power Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.82 22.87 22.91 25.92 5.05
BOM:543375
63GF Score
Promax Power Ltd BOM:543375
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promax Power 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹31.0 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 ₹31.0 Mil mean?
Promax Power (BOM:543375) has a Operating Income of ₹31.0 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Promax Power and its competitors.
Is Promax Power's Operating Income too high?
Promax Power's current Operating Income is ₹31.0 Mil. Overall, Promax Power has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Promax Power's Operating Income compare to PWR and FIX?
Promax Power's Operating Income of ₹31.0 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Promax Power and its competitors. Promax Power's current Operating Income is ₹31.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promax Power stock overvalued right now?
Based on GuruFocus' analysis, Promax Power (BOM:543375) is currently considered Possible Value Trap. The stock's GF Value™ is ₹28.78, compared to a current price of ₹12.90 — trading 55.2% below its estimated fair value. The current Operating Income is ₹31.0 Mil. Promax Power's overall GF Score™ is 63/100 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 Promax Power (BOM:543375), the current Operating Income is ₹31.0 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 Promax Power (BOM:543375) Overvalued in 2026?

Based on GuruFocus' analysis, Promax Power stock appears to be undervalued. The current stock price of ₹12.90 is trading 55.2% below its estimated GF Value™ of ₹28.78. GuruFocus considers Promax Power to be Possible Value Trap.

Key valuation signals for BOM:543375:

  • Operating Income: ₹31.0 Mil
  • GF Value™: ₹28.78 vs. price of ₹12.90 (55.2% below fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the BOM:543375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promax Power Business Description

Address Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306
Promax Power Ltd is an engineering company specializing in engineering, procurement, and construction services prominently for the power and infrastructure sectors. Its key activities include electrification projects, power substations, transmission lines, underground cabling, and solar power installations, alongside civil infrastructure and water management projects. The company operates in multiple regions across India, including Punjab and Delhi. Promax Power generates revenue mainly through executing engineering and construction contracts for power distribution, renewable energy projects, and infrastructure development. The company also undertakes high-rise and commercial building construction and pre-engineered building projects for industrial and institutional clients.
63GF Score

Get the complete analysis for BOM:543375

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

₹12.90
Price
₹28.78
GF Value