GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suraj Estate Developers Ltd (BOM:544054) » Definitions » Operating Income

Suraj Estate Developers (BOM:544054) Operating Income : ₹2,460 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Suraj Estate Developers Operating Income?

Suraj Estate Developers's Operating Income for the three months ended in Sep. 2024 was ₹623 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was ₹2,460 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Suraj Estate Developers's Operating Income for the three months ended in Sep. 2024 was ₹623 Mil. Suraj Estate Developers's Revenue for the three months ended in Sep. 2024 was ₹1,091 Mil. Therefore, Suraj Estate Developers's Operating Margin % for the quarter that ended in Sep. 2024 was 57.06%.

Suraj Estate Developers'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. Suraj Estate Developers's annualized ROC % for the quarter that ended in Sep. 2024 was 14.53%. Suraj Estate Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 27.04%.


Suraj Estate Developers Operating Income Historical Data

The historical data trend for Suraj Estate Developers'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.

Suraj Estate Developers Operating Income Chart

Suraj Estate Developers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Operating Income
842.54 1,300.10 1,491.52 2,306.60

Suraj Estate Developers Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Income Get a 7-Day Free Trial Premium Member Only 623.15 689.77 532.10 615.89 622.50

Suraj Estate Developers 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,460 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.


Suraj Estate Developers  (BOM:544054) Operating Income Explanation

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

Suraj Estate Developers's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=2490 * ( 1 - 27.19% )/( (0 + 12480)/ 1 )
=1812.969/12480
=14.53 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=13988.67 - 860.41 - ( 648.26 - max(0, 5683.27 - 13456.39+648.26))
=12480

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Suraj Estate Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2511.92/( ( (0 + max(0, 0)) + (279.13 + max(9010, 0)) )/ 1 )
=2511.92/( ( 0 + 9289.13 )/ 1 )
=2511.92/9289.13
=27.04 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(943.6 + 7860.95 + 3979.77) - (860.41 + 0 + 2913.91)
=9010

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Suraj Estate Developers's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=622.5/1090.91
=57.06 %

* 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.


Suraj Estate Developers Operating Income Related Terms

Thank you for viewing the detailed overview of Suraj Estate Developers's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Suraj Estate Developers Business Description

Traded in Other Exchanges
Address
Veer Savarkar Marg, 301, 3rd Floor, Aman Chambers, Opposite Bengal Chemicals, Prabhadevi, Mumbai, MH, IND, 400025
Suraj Estate Developers Ltd is involved in the real estate business. It develops real estate across the residential and commercial sectors in the South Central Mumbai region. The Company is principally engaged in the development of real estate in India which includes the development and sale of residential and commercial premises. The company generates all of its revenue within India. The company's projects include Suraj Emmanuel, Ocean Star, Suraj Lumina, The Palette, Louisandra, Ave Maria, Nirvana, Vitalis, Park View, and Eterna.

Suraj Estate Developers Headlines

No Headlines