Bhatia Colour Chem (BOM:543497) Operating Income: ₹83 Mil (TTM As of Mar. 2026)

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BOM:543497 Bhatia Colour Chem Ltd BOM:543497
42 GF Score
Price ₹27.63
GF Value ₹147.66
Valuation Possible Value Trap
! 2 Warning Signs
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What is Bhatia Colour Chem Operating Income?

Bhatia Colour Chem BOM:543497 -2.85% 42 Operating Income is ₹83 Mil as of Mar. 2026. GuruFocus rates BOM:543497 with a GF Score™ of 42/100 and a GF Value™ of ₹147.66 (Possible Value Trap). The stock has 2 warning signs investors should review.

Bhatia Colour Chem's Operating Income for the six months ended in Mar. 2026 was ₹33 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹83 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bhatia Colour Chem's Operating Income for the six months ended in Mar. 2026 was ₹33 Mil. Bhatia Colour Chem's Revenue for the six months ended in Mar. 2026 was ₹825 Mil. Therefore, Bhatia Colour Chem's Operating Margin % for the quarter that ended in Mar. 2026 was 3.95%.

Bhatia Colour Chem'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. Bhatia Colour Chem's annualized ROC % for the quarter that ended in Mar. 2026 was 2.66%. Bhatia Colour Chem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.94%.


Bhatia Colour Chem  (BOM:543497) Operating Income Explanation

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

Bhatia Colour Chem'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 )
=65.2072 * ( 1 - 57.814% )/( (1070.6903 + 1001.308)/ 2 )
=27.508309392/1035.99915
=2.66 %

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))
=1493.4735 - 352.7464 - ( 70.0368 - max(0, 443.754 - 1475.2123+70.0368))
=1070.6903

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))
=1511.649 - 440.979 - ( 69.362 - max(0, 451.845 - 1493.096+69.362))
=1001.308

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:

Bhatia Colour Chem'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 )
=69.0356/( ( (18.0994 + max(1039.3183, 0)) + (18.552 + max(914.746, 0)) )/ 2 )
=69.0356/( ( 1057.4177 + 933.298 )/ 2 )
=69.0356/995.35785
=6.94 %

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)
=(906.8147 + 244.8173 + 253.5435) - (352.7464 + 0 + 13.1108)
=1039.3183

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(975.362 + 282.21 + 103.052) - (440.979 + 0 + 4.8990000000001)
=914.746

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 %:

Bhatia Colour Chem'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 )
=32.6036/825.1268
=3.95 %

* 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.


Bhatia Colour Chem Operating Income Related Terms


Bhatia Colour Chem Operating Income Historical Data

* Premium members only.

The historical data trend for Bhatia Colour Chem'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.

Bhatia Colour Chem Operating Income Chart

Bhatia Colour Chem Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
8.43 70.88 66.24 70.54 80.26

Bhatia Colour Chem Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial 36.46 35.14 35.40 48.62 32.60
BOM:543497
42GF Score
Bhatia Colour Chem Ltd BOM:543497
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhatia Colour Chem 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 ₹83 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 ₹83 Mil mean?
Bhatia Colour Chem (BOM:543497) has a Operating Income of ₹83 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bhatia Colour Chem and its competitors.
Is Bhatia Colour Chem's Operating Income too high?
Bhatia Colour Chem's current Operating Income is ₹83 Mil. Overall, Bhatia Colour Chem has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bhatia Colour Chem's Operating Income compare to LIN and SHW?
Bhatia Colour Chem's Operating Income of ₹83 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Bhatia Colour Chem and its competitors. Bhatia Colour Chem's current Operating Income is ₹83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhatia Colour Chem stock overvalued right now?
Based on GuruFocus' analysis, Bhatia Colour Chem (BOM:543497) is currently considered Possible Value Trap. The stock's GF Value™ is ₹147.66, compared to a current price of ₹27.63 — trading 81.3% below its estimated fair value. The current Operating Income is ₹83 Mil. Bhatia Colour Chem's overall GF Score™ is 42/100 with 2 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 Bhatia Colour Chem (BOM:543497), the current Operating Income is ₹83 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 Bhatia Colour Chem (BOM:543497) Overvalued in 2026?

Based on GuruFocus' analysis, Bhatia Colour Chem stock appears to be undervalued. The current stock price of ₹27.63 is trading 81.3% below its estimated GF Value™ of ₹147.66. GuruFocus considers Bhatia Colour Chem to be Possible Value Trap.

Key valuation signals for BOM:543497:

  • Operating Income: ₹83 Mil
  • GF Value™: ₹147.66 vs. price of ₹27.63 (81.3% below fair value)
  • GF Score™: 42/100 with 2 warning signs

No single metric tells the full story. See the BOM:543497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhatia Colour Chem Business Description

Address Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210
Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specializations as per the demand of the client. The products are mainly useful for printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.
42GF Score

Get the complete analysis for BOM:543497

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

₹27.63
Price
₹147.66
GF Value