MEP Infrastructure Developers (NSE:MEP) Operating Income: ₹-6,727.6 Mil (TTM As of Mar. 2024)

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NSE:MEP MEP Infrastructure Developers Ltd NSE:MEP
4 GF Score
Price ₹0.55
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What is MEP Infrastructure Developers Operating Income?

MEP Infrastructure Developers NSE:MEP -1.79% 4 Operating Income is ₹-6,727.6 Mil as of Mar. 2024. GuruFocus rates NSE:MEP with a GF Score™ of 4/100.

MEP Infrastructure Developers's Operating Income for the three months ended in Mar. 2024 was ₹-5,731.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-6,727.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. MEP Infrastructure Developers's Operating Income for the three months ended in Mar. 2024 was ₹-5,731.7 Mil. MEP Infrastructure Developers's Revenue for the three months ended in Mar. 2024 was ₹347.8 Mil. Therefore, MEP Infrastructure Developers's Operating Margin % for the quarter that ended in Mar. 2024 was -1,648.02%.

MEP Infrastructure Developers'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. MEP Infrastructure Developers's annualized ROC % for the quarter that ended in Mar. 2024 was -90.12%. MEP Infrastructure Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -25,271.56%.

MEP Infrastructure Developers  (NSE:MEP) Operating Income Explanation

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

MEP Infrastructure Developers'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-22926.78 * ( 1 - 0% )/( (0 + 25440.531)/ 1 )
=-22926.78/25440.531
=-90.12 %

where

Invested Capital(Q: Dec. 2023 )
=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

Invested Capital(Q: Mar. 2024 )
=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))
=22265.347 - 11581.628 - ( 2551.447 - max(0, 35648.072 - 20891.26+2551.447))
=25440.531

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

MEP Infrastructure Developers'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-24066.868/( ( (0 + max(0, 0)) + (95.233 + max(-14158.293, 0)) )/ 1 )
=-24066.868/( ( 0 + 95.233 )/ 1 )
=-24066.868/95.233
=-25,271.56 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.453 + 15.865 + 18166.35) - (11581.628 + 0 + 20760.333)
=-14158.293

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

MEP Infrastructure Developers'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 )
=-5731.695/347.792
=-1,648.02 %

* 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.

MEP Infrastructure Developers Operating Income Related Terms

MEP Infrastructure Developers Operating Income Historical Data

* Premium members only.

The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers Operating Income Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 441.87 3,404.25 2,572.35 -1,971.71 -6,727.58

MEP Infrastructure Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -799.62 -460.64 -308.95 -226.29 -5,731.70
NSE:MEP
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MEP Infrastructure Developers Ltd NSE:MEP
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MEP Infrastructure Developers 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 quarterly data reported by the company within the most recent 12 months, which was ₹-6,727.6 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹-6,727.6 Mil mean?
MEP Infrastructure Developers (NSE:MEP) has a Operating Income of ₹-6,727.6 Mil as of Mar. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on MEP Infrastructure Developers and its competitors.
Is MEP Infrastructure Developers' Operating Income too high?
MEP Infrastructure Developers' current Operating Income is ₹-6,727.6 Mil. Overall, MEP Infrastructure Developers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does MEP Infrastructure Developers' Operating Income compare to VRRM?
MEP Infrastructure Developers' Operating Income of ₹-6,727.6 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 MEP Infrastructure Developers and its competitors. MEP Infrastructure Developers's current Operating Income is ₹-6,727.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEP Infrastructure Developers stock overvalued right now?
MEP Infrastructure Developers (NSE:MEP) has a current Operating Income of ₹-6,727.6 Mil. The current Operating Income is ₹-6,727.6 Mil. MEP Infrastructure Developers' overall GF Score™ is 4/100. 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 MEP Infrastructure Developers (NSE:MEP), the current Operating Income is ₹-6,727.6 Mil as of Mar. 2024. 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.

MEP Infrastructure Developers Business Description

Address Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India-based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance, and Construction. It generates maximum revenue from the Toll collection and repairs and maintenance segments. The company provides toll management service and assists its clients in addressing the complexities of the implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. It principally operates in India.
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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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