Le Travenues Technology (NSE:IXIGO) Operating Income: ₹580 Mil (TTM As of Mar. 2026)

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NSE:IXIGO Le Travenues Technology Ltd NSE:IXIGO
40 GF Score
Price ₹196.15
! 2 Warning Signs
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What is Le Travenues Technology Operating Income?

Le Travenues Technology NSE:IXIGO -1.73% 40 Operating Income is ₹580 Mil as of Mar. 2026. GuruFocus rates NSE:IXIGO with a GF Score™ of 40/100. The stock has 2 warning signs investors should review.

Le Travenues Technology's Operating Income for the three months ended in Mar. 2026 was ₹202 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹580 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Le Travenues Technology's Operating Income for the three months ended in Mar. 2026 was ₹202 Mil. Le Travenues Technology's Revenue for the three months ended in Mar. 2026 was ₹3,080 Mil. Therefore, Le Travenues Technology's Operating Margin % for the quarter that ended in Mar. 2026 was 6.55%.

Le Travenues Technology'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. Le Travenues Technology's annualized ROC % for the quarter that ended in Mar. 2026 was 4.98%. Le Travenues Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 689.91%.


Le Travenues Technology  (NSE:IXIGO) Operating Income Explanation

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

Le Travenues Technology'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 )
=807.68 * ( 1 - 4.9% )/( (0 + 15436.05)/ 1 )
=768.10368/15436.05
=4.98 %

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))
=25413.07 - 2033.12 - ( 10443.86 - max(0, 4145.67 - 12089.57+10443.86))
=15436.05

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

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

Le Travenues Technology'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 )
=1375.96/( ( (0 + max(0, 0)) + (199.44 + max(-2177.3, 0)) )/ 1 )
=1375.96/( ( 0 + 199.44 )/ 1 )
=1375.96/199.44
=689.91 %

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)
=(466.75 + 0 + 1178.09) - (2033.12 + 0 + 1789.02)
=-2177.3

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 %:

Le Travenues Technology'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 )
=201.92/3080.49
=6.55 %

* 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.


Le Travenues Technology Operating Income Related Terms


Le Travenues Technology Operating Income Historical Data

* Premium members only.

The historical data trend for Le Travenues Technology'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.

Le Travenues Technology Operating Income Chart

Le Travenues Technology Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial -199.42 225.42 310.07 705.26 579.85

Le Travenues Technology Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 218.00 223.55 -70.48 224.86 201.92
NSE:IXIGO
40GF Score
Le Travenues Technology Ltd NSE:IXIGO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Le Travenues Technology 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 ₹580 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 ₹580 Mil mean?
Le Travenues Technology (NSE:IXIGO) has a Operating Income of ₹580 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Le Travenues Technology and its competitors.
Is Le Travenues Technology's Operating Income too high?
Le Travenues Technology's current Operating Income is ₹580 Mil. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Operating Income compare to BKNG and ABNB?
Le Travenues Technology's Operating Income of ₹580 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Le Travenues Technology and its competitors. Le Travenues Technology's current Operating Income is ₹580 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Operating Income of ₹580 Mil. The current Operating Income is ₹580 Mil. Le Travenues Technology's overall GF Score™ is 40/100 with 2 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 Le Travenues Technology (NSE:IXIGO), the current Operating Income is ₹580 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.

Le Travenues Technology Business Description

Other Exchanges 544192:India
Address Golf Course Road, Second Floor, Veritas Building, Sector - 53, Gurugram, HR, IND, 122002
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
40GF 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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