Excellent Wires and Packaging (NSE:EXCELLENT) Operating Income: ₹17.3 Mil (TTM As of Mar. 2026)

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NSE:EXCELLENT Excellent Wires and Packaging Ltd NSE:EXCELLENT
16 GF Score
Price ₹205.60
! 8 Warning Signs
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What is Excellent Wires and Packaging Operating Income?

Excellent Wires and Packaging NSE:EXCELLENT -0.68% 16 Operating Income is ₹17.3 Mil as of Mar. 2026. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review.

Excellent Wires and Packaging's Operating Income for the six months ended in Mar. 2026 was ₹12.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Excellent Wires and Packaging's Operating Income for the six months ended in Mar. 2026 was ₹12.6 Mil. Excellent Wires and Packaging's Revenue for the six months ended in Mar. 2026 was ₹127.2 Mil. Therefore, Excellent Wires and Packaging's Operating Margin % for the quarter that ended in Mar. 2026 was 9.93%.

Excellent Wires and Packaging'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. Excellent Wires and Packaging's annualized ROC % for the quarter that ended in Mar. 2026 was 10.88%. Excellent Wires and Packaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.48%.


Excellent Wires and Packaging  (NSE:EXCELLENT) Operating Income Explanation

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

Excellent Wires and Packaging'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=25.252 * ( 1 - 21.11% )/( (140.532 + 225.543)/ 2 )
=19.9213028/183.0375
=10.88 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Excellent Wires and Packaging'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27.432/( ( (44.988 + max(92.769, 0)) + (85.602 + max(131.128, 0)) )/ 2 )
=27.432/( ( 137.757 + 216.73 )/ 2 )
=27.432/177.2435
=15.48 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.684 + 26.772 + 24.856) - (9.457 + 0 + 2.086)
=92.769

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.5 + 41.742 + 37.897) - (12.029 + 0 + 2.982)
=131.128

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Excellent Wires and Packaging'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 )
=12.626/127.167
=9.93 %

* 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.


Excellent Wires and Packaging Operating Income Related Terms


Excellent Wires and Packaging Operating Income Historical Data

* Premium members only.

The historical data trend for Excellent Wires and Packaging'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.

Excellent Wires and Packaging Operating Income Chart

Excellent Wires and Packaging Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
1.54 3.92 13.95 13.02 17.30

Excellent Wires and Packaging Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial 7.51 5.41 4.68 4.68 12.63
NSE:EXCELLENT
16GF Score
Excellent Wires and Packaging Ltd NSE:EXCELLENT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Excellent Wires and Packaging 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 semi-annually data reported by the company within the most recent 12 months, which was ₹17.3 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 ₹17.3 Mil mean?
Excellent Wires and Packaging (NSE:EXCELLENT) has a Operating Income of ₹17.3 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Excellent Wires and Packaging and its competitors.
Is Excellent Wires and Packaging's Operating Income too high?
Excellent Wires and Packaging's current Operating Income is ₹17.3 Mil. Overall, Excellent Wires and Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Operating Income compare to VRT and BE?
Excellent Wires and Packaging's Operating Income of ₹17.3 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 Excellent Wires and Packaging and its competitors. Excellent Wires and Packaging's current Operating Income is ₹17.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Operating Income of ₹17.3 Mil. The current Operating Income is ₹17.3 Mil. Excellent Wires and Packaging's overall GF Score™ is 16/100 with 8 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Operating Income is ₹17.3 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.

Excellent Wires and Packaging Business Description

Address Jay Chamundeshwari Industrial Complex, Unit No. 12,13,113 Building 2 S. No. 54, Naikpada, Palghar, Vasai, MH, IND, 401208
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
16GF Score

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

₹205.60
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