Meghmani Organics (NSE:MOL) Operating Income: ₹575 Mil (TTM As of Mar. 2026)

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NSE:MOL Meghmani Organics Ltd NSE:MOL
70 GF Score
Price ₹54.46
GF Value ₹82.50
Valuation Possible Value Trap
! 3 Warning Signs
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What is Meghmani Organics Operating Income?

Meghmani Organics NSE:MOL -2.30% 70 Operating Income is ₹575 Mil as of Mar. 2026. GuruFocus rates NSE:MOL with a GF Score™ of 70/100 and a GF Value™ of ₹82.50 (Possible Value Trap). The stock has 3 warning signs investors should review.

Meghmani Organics's Operating Income for the three months ended in Mar. 2026 was ₹-96 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹575 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Meghmani Organics's Operating Income for the three months ended in Mar. 2026 was ₹-96 Mil. Meghmani Organics's Revenue for the three months ended in Mar. 2026 was ₹4,743 Mil. Therefore, Meghmani Organics's Operating Margin % for the quarter that ended in Mar. 2026 was -2.03%.

Meghmani Organics'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. Meghmani Organics's annualized ROC % for the quarter that ended in Mar. 2026 was -1.60%. Meghmani Organics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.11%.


Meghmani Organics  (NSE:MOL) Operating Income Explanation

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

Meghmani Organics'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 )
=-384.296 * ( 1 - 0% )/( (0 + 24004.006)/ 1 )
=-384.296/24004.006
=-1.60 %

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))
=30205.816 - 5662.131 - ( 539.679 - max(0, 12264.642 - 13151.258+539.679))
=24004.006

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

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

Meghmani Organics'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 )
=1105.124/( ( (0 + max(0, 0)) + (15623.288 + max(5992.773, 0)) )/ 1 )
=1105.124/( ( 0 + 21616.061 )/ 1 )
=1105.124/21616.061
=5.11 %

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)
=(6721.31 + 5285.478 + 600.662) - (5662.131 + 0 + 952.546)
=5992.773

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 %:

Meghmani Organics'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 )
=-96.074/4743.394
=-2.03 %

* 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.


Meghmani Organics Operating Income Related Terms


Meghmani Organics Operating Income Historical Data

* Premium members only.

The historical data trend for Meghmani Organics'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.

Meghmani Organics Operating Income Chart

Meghmani Organics Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 3,373.18 2,657.01 -1,092.28 346.10 574.92

Meghmani Organics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 359.94 371.84 221.13 78.03 -96.07
NSE:MOL
70GF Score
Meghmani Organics Ltd NSE:MOL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Meghmani Organics 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 ₹575 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 ₹575 Mil mean?
Meghmani Organics (NSE:MOL) has a Operating Income of ₹575 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Meghmani Organics and its competitors.
Is Meghmani Organics' Operating Income too high?
Meghmani Organics' current Operating Income is ₹575 Mil. Overall, Meghmani Organics has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meghmani Organics' Operating Income compare to CTVA and CF?
Meghmani Organics' Operating Income of ₹575 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Operating Income depends on the Agriculture 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 Meghmani Organics and its competitors. Meghmani Organics's current Operating Income is ₹575 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghmani Organics stock overvalued right now?
Based on GuruFocus' analysis, Meghmani Organics (NSE:MOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.50, compared to a current price of ₹54.46 — trading 34% below its estimated fair value. The current Operating Income is ₹575 Mil. Meghmani Organics' overall GF Score™ is 70/100 with 3 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 Meghmani Organics (NSE:MOL), the current Operating Income is ₹575 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.

Is Meghmani Organics (NSE:MOL) Overvalued in 2026?

Based on GuruFocus' analysis, Meghmani Organics stock appears to be undervalued. The current stock price of ₹54.46 is trading 34% below its estimated GF Value™ of ₹82.50. GuruFocus considers Meghmani Organics to be Possible Value Trap.

Key valuation signals for NSE:MOL:

  • Operating Income: ₹575 Mil
  • GF Value™: ₹82.50 vs. price of ₹54.46 (34% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the NSE:MOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meghmani Organics Business Description

Other Exchanges 543331:India
Address Near Raj Bunglows, Behind Safal Profitaire, Corporate Road, 1st to 3rd Floor, Meghmani House, Prahlad Nagar, Satellite, Ahmedabad, GJ, IND, 380015
Meghmani Organics Ltd is engaged in the manufacturing of pigments and agrochemicals. The company operates through business divisions, namely Pigments and Agrochemicals. The Pigments division is engaged in the manufacture and distribution of phthalocyanine green 7, copper phthalocyanine blue, alpha blue, and beta blue. The Agrochemicals Division, the key revenue-generating segment, is engaged in the manufacturing and distribution of technical, intermediates, and formulations of Crop Protection products. It has a presence in India as well as Outside India.
70GF Score

Get the complete analysis for NSE:MOL

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

₹54.46
Price
₹82.50
GF Value