BASF India (NSE:BASF) Operating Income: ₹5,111 Mil (TTM As of Mar. 2026)

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NSE:BASF BASF India Ltd NSE:BASF
75 GF Score
Price ₹3,700.50
GF Value ₹4,358.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BASF India Operating Income?

BASF India NSE:BASF +2.40% 75 Operating Income is ₹5,111 Mil as of Mar. 2026. GuruFocus rates NSE:BASF with a GF Score™ of 75/100 and a GF Value™ of ₹4,358.84 (Modestly Undervalued). The stock has 4 warning signs investors should review.

BASF India's Operating Income for the three months ended in Mar. 2026 was ₹747 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,111 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. BASF India's Operating Income for the three months ended in Mar. 2026 was ₹747 Mil. BASF India's Revenue for the three months ended in Mar. 2026 was ₹34,390 Mil. Therefore, BASF India's Operating Margin % for the quarter that ended in Mar. 2026 was 2.17%.

Warning Sign:

BASF India Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -9.7%.

BASF India's 5-Year average Growth Rate for Operating Margin % was -9.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BASF India's annualized ROC % for the quarter that ended in Mar. 2026 was 5.79%. BASF India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.39%.


BASF India  (NSE:BASF) Operating Income Explanation

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

BASF India'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2988 * ( 1 - 24.81% )/( (0 + 38822.8)/ 1 )
=2246.6772/38822.8
=5.79 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

BASF India'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3434.4/( ( (0 + max(0, 0)) + (9074 + max(21074.3, 0)) )/ 1 )
=3434.4/( ( 0 + 30148.3 )/ 1 )
=3434.4/30148.3
=11.39 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27344.6 + 27089.1 + 8916.8) - (36844.6 + 0 + 5431.6)
=21074.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

BASF India'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 )
=747/34390.1
=2.17 %

* 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.


BASF India Operating Income Related Terms


BASF India Operating Income Historical Data

* Premium members only.

The historical data trend for BASF India'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.

BASF India Operating Income Chart

BASF India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,922.10 5,802.90 7,528.20 6,128.10 5,689.60

BASF India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.40 1,734.00 1,266.90 1,363.10 747.00
NSE:BASF
75GF Score
BASF India Ltd NSE:BASF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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BASF India 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 quarterly data reported by the company within the most recent 12 months, which was ₹5,111 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 ₹5,111 Mil mean?
BASF India (NSE:BASF) has a Operating Income of ₹5,111 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BASF India and its competitors.
Is BASF India's Operating Income too high?
BASF India's current Operating Income is ₹5,111 Mil. Overall, BASF India has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BASF India's Operating Income compare to LIN and SHW?
BASF India's Operating Income of ₹5,111 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 BASF India and its competitors. BASF India's current Operating Income is ₹5,111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BASF India stock overvalued right now?
Based on GuruFocus' analysis, BASF India (NSE:BASF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,358.84, compared to a current price of ₹3,700.50 — trading 15.1% below its estimated fair value. The current Operating Income is ₹5,111 Mil. BASF India's overall GF Score™ is 75/100 with 4 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 BASF India (NSE:BASF), the current Operating Income is ₹5,111 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 BASF India (NSE:BASF) Overvalued in 2026?

Based on GuruFocus' analysis, BASF India stock appears to be undervalued. The current stock price of ₹3,700.50 is trading 15.1% below its estimated GF Value™ of ₹4,358.84. GuruFocus considers BASF India to be Modestly Undervalued.

Key valuation signals for NSE:BASF:

  • Operating Income: ₹5,111 Mil
  • GF Value™: ₹4,358.84 vs. price of ₹3,700.50 (15.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


BASF India Business Description

Other Exchanges 500042:India
Address Eastern Express Highway, Unit Nos. 10A, 10B, 10C, 10th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400 079
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. The industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. Chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
75GF Score

Get the complete analysis for NSE:BASF

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

₹3,700.50
Price
₹4,358.84
GF Value