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Techknowgreen Solutions (BOM:543991) Operating Income : ₹86.8 Mil (TTM As of Mar. 2024)


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What is Techknowgreen Solutions Operating Income?

Techknowgreen Solutions's Operating Income for the six months ended in Mar. 2024 was ₹52.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹86.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Techknowgreen Solutions's Operating Income for the six months ended in Mar. 2024 was ₹52.8 Mil. Techknowgreen Solutions's Revenue for the six months ended in Mar. 2024 was ₹142.2 Mil. Therefore, Techknowgreen Solutions's Operating Margin % for the quarter that ended in Mar. 2024 was 37.12%.

Techknowgreen Solutions'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. Techknowgreen Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was 28.24%. Techknowgreen Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 92.00%.


Techknowgreen Solutions Operating Income Historical Data

The historical data trend for Techknowgreen Solutions'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.

* Premium members only.

Techknowgreen Solutions Operating Income Chart

Techknowgreen Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Operating Income
12.45 20.74 10.99 86.79

Techknowgreen Solutions Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Operating Income - - - 34.00 52.79

Techknowgreen Solutions 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹86.8 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.


Techknowgreen Solutions  (BOM:543991) Operating Income Explanation

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

Techknowgreen Solutions's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=105.58 * ( 1 - 45.82% )/( (139.266 + 265.918)/ 2 )
=57.203244/202.592
=28.24 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Techknowgreen Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=106.552/( ( (18.525 + max(79.356, 0)) + (42.68 + max(91.077, 0)) )/ 2 )
=106.552/( ( 97.881 + 133.757 )/ 2 )
=106.552/115.819
=92.00 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.352 + 31.992 + 7.51) - (13.132 + 0 + 10.366)
=79.356

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.691 + 52.316 + 0.0010000000000048) - (9.356 + 0 + 10.575)
=91.077

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Techknowgreen Solutions's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=52.79/142.214
=37.12 %

* 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.


Techknowgreen Solutions Operating Income Related Terms

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Techknowgreen Solutions (BOM:543991) Business Description

Traded in Other Exchanges
N/A
Address
Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003
Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

Techknowgreen Solutions (BOM:543991) Headlines

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