Patron Exim (BOM:543798) Operating Income: ₹-11.7 Mil (TTM As of Mar. 2026)

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BOM:543798 Patron Exim Ltd BOM:543798
60 GF Score
Price ₹2.10
GF Value ₹26.18
Valuation Possible Value Trap
! 6 Warning Signs
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What is Patron Exim Operating Income?

Patron Exim BOM:543798 60 Operating Income is ₹-11.7 Mil as of Mar. 2026. GuruFocus rates BOM:543798 with a GF Score™ of 60/100 and a GF Value™ of ₹26.18 (Possible Value Trap). The stock has 6 warning signs investors should review.

Patron Exim's Operating Income for the six months ended in Mar. 2026 was ₹-11.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-11.7 Mil.

Warning Sign:

Patron Exim Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Patron Exim's Operating Income for the six months ended in Mar. 2026 was ₹-11.5 Mil. Patron Exim's Revenue for the six months ended in Mar. 2026 was ₹4.9 Mil. Therefore, Patron Exim's Operating Margin % for the quarter that ended in Mar. 2026 was -235.51%.

Patron Exim'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. Patron Exim's annualized ROC % for the quarter that ended in Mar. 2026 was -6.93%. Patron Exim's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -69.54%.

Patron Exim  (BOM:543798) Operating Income Explanation

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

Patron Exim'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 )
=-22.958 * ( 1 - 0% )/( (336.241 + 326.521)/ 2 )
=-22.958/331.381
=-6.93 %

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))
=526.885 - 99.492 - ( 91.152 - max(0, 134.658 - 526.844+91.152))
=336.241

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))
=487.036 - 71.681 - ( 88.834 - max(0, 105.854 - 486.639+88.834))
=326.521

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:

Patron Exim'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 )
=-22.09/( ( (0.041 + max(38.095, 0)) + (0.397 + max(24.995, 0)) )/ 2 )
=-22.09/( ( 38.136 + 25.392 )/ 2 )
=-22.09/31.764
=-69.54 %

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)
=(66.85 + 25.223 + 59.223) - (99.492 + 0 + 13.709)
=38.095

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.023 + 10.212 + 57.733) - (71.681 + 0 + 13.292)
=24.995

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 %:

Patron Exim'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 )
=-11.479/4.874
=-235.51 %

* 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.

Patron Exim Operating Income Related Terms

Patron Exim Operating Income Historical Data

* Premium members only.

The historical data trend for Patron Exim'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.

Patron Exim Operating Income Chart

Patron Exim Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 4.64 -39.81 -26.60 -2.09 -11.71

Patron Exim Semi-Annual Data
Mar20 Mar21 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 2.24 -4.79 2.72 -0.23 -11.48
BOM:543798
60GF Score
Patron Exim Ltd BOM:543798
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Patron Exim 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 ₹-11.7 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 ₹-11.7 Mil mean?
Patron Exim (BOM:543798) has a Operating Income of ₹-11.7 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Patron Exim and its competitors.
Is Patron Exim's Operating Income too high?
Patron Exim's current Operating Income is ₹-11.7 Mil. Overall, Patron Exim has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Patron Exim's Operating Income compare to DOW?
Patron Exim's Operating Income of ₹-11.7 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 Patron Exim and its competitors. Patron Exim's current Operating Income is ₹-11.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patron Exim stock overvalued right now?
Based on GuruFocus' analysis, Patron Exim (BOM:543798) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26.18, compared to a current price of ₹2.10 — trading 92% below its estimated fair value. The current Operating Income is ₹-11.7 Mil. Patron Exim's overall GF Score™ is 60/100 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 Patron Exim (BOM:543798), the current Operating Income is ₹-11.7 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 Patron Exim (BOM:543798) Overvalued in 2026?

Based on GuruFocus' analysis, Patron Exim stock appears to be undervalued. The current stock price of ₹2.10 is trading 92% below its estimated GF Value™ of ₹26.18. GuruFocus considers Patron Exim to be Possible Value Trap.

Key valuation signals for BOM:543798:

  • Operating Income: ₹-11.7 Mil
  • GF Value™: ₹26.18 vs. price of ₹2.10 (92% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the BOM:543798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Patron Exim Business Description

Address Science City Road, A-1106, Empire Business Hub, Sola, Ahmedabad, GJ, IND, 380060
Patron Exim Ltd is engaged in the trading and distribution of pharmaceutical raw material, which is also known as APIs (Active Pharmaceutical Ingredients), industrial, excipient and solvents. Its product portfolio comprises of around 150 AIPs, Excipient, Pharma Chemical & Intermediates. It is also in the trading of a variety of chemicals, such as Petrochemicals, Dyes & Pigment Chemicals, Paints & Speciality Chemical, Agro Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemical. The Chemicals also include food industry & water treatment chemicals, resins & plastics chemicals, polymers and additives etc. The Company is mainly dealing in Pharmaceutical Business i.e. trading of pharma products and commission agent in pharma products etc.
60GF Score

Get the complete analysis for BOM:543798

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

₹2.10
Price
₹26.18
GF Value