GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Operating Income

Globesecure Technologies (NSE:GSTL) Operating Income : ₹13.6 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Globesecure Technologies Operating Income?

Globesecure Technologies's Operating Income for the six months ended in Mar. 2024 was ₹6.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹13.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Globesecure Technologies's Operating Income for the six months ended in Mar. 2024 was ₹6.1 Mil. Globesecure Technologies's Revenue for the six months ended in Mar. 2024 was ₹138.3 Mil. Therefore, Globesecure Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was 4.39%.

Warning Sign:

Globesecure Technologies Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.7%.

Globesecure Technologies's 5-Year average Growth Rate for Operating Margin % was -3.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Globesecure Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 2.52%. Globesecure Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.97%.


Globesecure Technologies Operating Income Historical Data

The historical data trend for Globesecure Technologies'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.

Globesecure Technologies Operating Income Chart

Globesecure Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial 11.18 18.41 21.50 29.31 13.61

Globesecure Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only 16.36 7.30 22.01 7.53 6.08

Globesecure Technologies 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹13.6 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.


Globesecure Technologies  (NSE:GSTL) Operating Income Explanation

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

Globesecure Technologies's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=12.156 * ( 1 - 30.87% )/( (349.866 + 317.815)/ 2 )
=8.4034428/333.8405
=2.52 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Globesecure Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=33.72/( ( (47.915 + max(104.419, 0)) + (44.982 + max(158.235, 0)) )/ 2 )
=33.72/( ( 152.334 + 203.217 )/ 2 )
=33.72/177.7755
=18.97 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.42 + 102.92 + 0.00099999999997635) - (9.679 + 0 + 34.243)
=104.419

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.262 + 101.468 + 60.741) - (26.091 + 0 + 17.145)
=158.235

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Globesecure Technologies's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=6.078/138.337
=4.39 %

* 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.


Globesecure Technologies Operating Income Related Terms

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


Globesecure Technologies Business Description

Traded in Other Exchanges
N/A
Address
B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069
Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

Globesecure Technologies Headlines

No Headlines