Avana Electrosystems (NSE:AVANA) Operating Income: ₹73.2 Mil (TTM As of Sep. 2025)

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NSE:AVANA Avana Electrosystems Ltd NSE:AVANA
18 GF Score
Price ₹147.55
! 5 Warning Signs
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What is Avana Electrosystems Operating Income?

Avana Electrosystems NSE:AVANA +0.10% 18 Operating Income is ₹73.2 Mil as of Sep. 2025. GuruFocus rates NSE:AVANA with a GF Score™ of 18/100. The stock has 5 warning signs investors should review.

Avana Electrosystems's Operating Income for the six months ended in Sep. 2025 was ₹73.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was ₹73.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Avana Electrosystems's Operating Income for the six months ended in Sep. 2025 was ₹73.2 Mil. Avana Electrosystems's Revenue for the six months ended in Sep. 2025 was ₹357.5 Mil. Therefore, Avana Electrosystems's Operating Margin % for the quarter that ended in Sep. 2025 was 20.48%.

Avana Electrosystems'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. Avana Electrosystems's annualized ROC % for the quarter that ended in Sep. 2025 was 26.86%. Avana Electrosystems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 52.50%.

Avana Electrosystems  (NSE:AVANA) Operating Income Explanation

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

Avana Electrosystems's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=146.43 * ( 1 - 23.58% )/( (372.205 + 461.085)/ 2 )
=111.901806/416.645
=26.86 %

where

Invested Capital(Q: Mar. 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))
=494.213 - 119.493 - ( 2.515 - max(0, 263.596 - 457.524+2.515))
=372.205

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))
=539.107 - 77.709 - ( 0.313 - max(0, 257.653 - 497.002+0.313))
=461.085

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

Avana Electrosystems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=153.83/( ( (31.727 + max(230.878, 0)) + (36.088 + max(287.301, 0)) )/ 2 )
=153.83/( ( 262.605 + 323.389 )/ 2 )
=153.83/292.997
=52.50 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(211.908 + 147.095 + 91.236) - (119.493 + 0 + 99.868)
=230.878

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(182.077 + 210.561 + 102.869) - (77.709 + 0 + 130.497)
=287.301

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

Avana Electrosystems's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=73.215/357.471
=20.48 %

* 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.

Avana Electrosystems Operating Income Related Terms

Avana Electrosystems Operating Income Historical Data

* Premium members only.

The historical data trend for Avana Electrosystems'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.

Avana Electrosystems Operating Income Chart

Avana Electrosystems Annual Data
Trend Mar23 Mar24 Mar25
Operating Income
27.33 75.38 118.80

Avana Electrosystems Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
Operating Income 0.00 0.00 0.00 73.22
NSE:AVANA
18GF Score
Avana Electrosystems Ltd NSE:AVANA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Avana Electrosystems 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹73.2 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 ₹73.2 Mil mean?
Avana Electrosystems (NSE:AVANA) has a Operating Income of ₹73.2 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Avana Electrosystems and its competitors.
Is Avana Electrosystems' Operating Income too high?
Avana Electrosystems' current Operating Income is ₹73.2 Mil. Overall, Avana Electrosystems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avana Electrosystems' Operating Income compare to VRT and BE?
Avana Electrosystems' Operating Income of ₹73.2 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Avana Electrosystems and its competitors. Avana Electrosystems's current Operating Income is ₹73.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avana Electrosystems stock overvalued right now?
Avana Electrosystems (NSE:AVANA) has a current Operating Income of ₹73.2 Mil. The current Operating Income is ₹73.2 Mil. Avana Electrosystems' overall GF Score™ is 18/100 with 5 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 Avana Electrosystems (NSE:AVANA), the current Operating Income is ₹73.2 Mil as of Sep. 2025. 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.

Avana Electrosystems Business Description

Address 1st Main Road, 2nd Phase, No: 8, KIADB, Plot No. 35, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries, Bengaluru, KA, IND, 560 058
Avana Electrosystems Ltd is engaged in the manufacturing and dealing of electronic and switchgear products, including circuit breakers, relays, control and protection panels, electric distribution boards, electronic meters, transformers, assemblies, spares, accessories, tools, and test and measuring equipment. The Company is a manufacturer and solution provider of custom-engineered control and relay panels, substation automation, numerical and electro-mechanical relays, and power system panel accessories, specializing in the design, engineering, and supply of feeder, transformer, busbar, and capacitor bank protection panels up to 220kV, including indoor and outdoor, medium- and low-voltage panels.
18GF Score

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

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