GNG Electronics (NSE:EBGNG) Operating Income: ₹2,016 Mil (TTM As of Jun. 2026)

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NSE:EBGNG GNG Electronics Ltd NSE:EBGNG
18 GF Score
Price ₹525.65
! 4 Warning Signs
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What is GNG Electronics Operating Income?

GNG Electronics NSE:EBGNG +0.33% 18 Operating Income is ₹2,016 Mil as of Jun. 2026. GuruFocus rates NSE:EBGNG with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

GNG Electronics's Operating Income for the three months ended in Jun. 2026 was ₹461 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,016 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. GNG Electronics's Operating Income for the three months ended in Jun. 2026 was ₹461 Mil. GNG Electronics's Revenue for the three months ended in Jun. 2026 was ₹4,125 Mil. Therefore, GNG Electronics's Operating Margin % for the quarter that ended in Jun. 2026 was 11.17%.

GNG Electronics'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. GNG Electronics's annualized ROC % for the quarter that ended in Jun. 2026 was 13.51%. GNG Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 18.65%.

GNG Electronics  (NSE:EBGNG) Operating Income Explanation

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

GNG Electronics's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1843.52 * ( 1 - 19.06% )/( (11045.44 + 0)/ 1 )
=1492.145088/11045.44
=13.51 %

where

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))
=12539.82 - 312 - ( 1182.38 - max(0, 4635.85 - 11623.83+1182.38))
=11045.44

Invested Capital(Q: Jun. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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

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

GNG Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1983.92/( ( (736.68 + max(9899.89, 0)) + (0 + max(0, 0)) )/ 1 )
=1983.92/( ( 10636.57 + 0 )/ 1 )
=1983.92/10636.57
=18.65 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2068.49 + 7431.1 + 941.86) - (312 + 0 + 229.56)
=9899.89

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

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

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

GNG Electronics's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=460.88/4124.61
=11.17 %

* 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.

GNG Electronics Operating Income Related Terms

GNG Electronics Operating Income Historical Data

* Premium members only.

The historical data trend for GNG Electronics'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.

GNG Electronics Operating Income Chart

GNG Electronics Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
310.59 440.96 763.09 1,074.37 1,858.21

GNG Electronics Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 302.72 443.16 511.23 601.09 460.88
NSE:EBGNG
18GF Score
GNG Electronics Ltd NSE:EBGNG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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GNG Electronics 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,016 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 ₹2,016 Mil mean?
GNG Electronics (NSE:EBGNG) has a Operating Income of ₹2,016 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on GNG Electronics and its competitors.
Is GNG Electronics' Operating Income too high?
GNG Electronics' current Operating Income is ₹2,016 Mil. Overall, GNG Electronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does GNG Electronics' Operating Income compare to DELL and ANET?
GNG Electronics' Operating Income of ₹2,016 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 GNG Electronics and its competitors. GNG Electronics's current Operating Income is ₹2,016 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GNG Electronics stock overvalued right now?
GNG Electronics (NSE:EBGNG) has a current Operating Income of ₹2,016 Mil. The current Operating Income is ₹2,016 Mil. GNG Electronics' overall GF Score™ is 18/100 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 GNG Electronics (NSE:EBGNG), the current Operating Income is ₹2,016 Mil as of Jun. 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.

GNG Electronics Business Description

Other Exchanges 544455:India
Address N.S. Phadke Marg, Unit No. 415, Hubtown Solaris, Andheri East, Mumbai, MH, IND, 400069
GNG Electronics Ltd is engaged in information and communications technology (ICT) device refurbishment in India and globally, presence across India, the United States of America, the United Arab Emirates, and the Rest of the world. It offers Refurbished Laptops and Desktops, Environmentally Friendly Solutions, Reliable Warranty & Support, Assured Buyback, IT E-Waste Disposal, Leasing of Refurbished Devices, and Affordable Prices.
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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