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Nirman Agri Genetics (NSE:NIRMAN) Operating Income : ₹75.7 Mil (TTM As of Jun. 2024)


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What is Nirman Agri Genetics Operating Income?

Nirman Agri Genetics's Operating Income for the three months ended in Jun. 2024 was ₹52.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was ₹75.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nirman Agri Genetics's Operating Income for the three months ended in Jun. 2024 was ₹52.4 Mil. Nirman Agri Genetics's Revenue for the three months ended in Jun. 2024 was ₹503.5 Mil. Therefore, Nirman Agri Genetics's Operating Margin % for the quarter that ended in Jun. 2024 was 10.40%.

Nirman Agri Genetics'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. Nirman Agri Genetics's annualized ROC % for the quarter that ended in Jun. 2024 was 54.62%. Nirman Agri Genetics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 149.43%.


Nirman Agri Genetics Operating Income Historical Data

The historical data trend for Nirman Agri Genetics'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.

Nirman Agri Genetics Operating Income Chart

Nirman Agri Genetics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
1.49 2.29 34.47 43.69 111.74

Nirman Agri Genetics Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.61 23.35 - 52.36

Nirman Agri Genetics 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹75.7 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.


Nirman Agri Genetics  (NSE:NIRMAN) Operating Income Explanation

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

Nirman Agri Genetics's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=209.436 * ( 1 - 3.74% )/( (369.091 + 0)/ 1 )
=201.6030936/369.091
=54.62 %

where

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

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

Nirman Agri Genetics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=209.432/( ( (3.933 + max(136.219, 0)) + (0 + max(0, 0)) )/ 1 )
=209.432/( ( 140.152 + 0 )/ 1 )
=209.432/140.152
=149.43 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(115.88 + 82.772 + 0.13499999999999) - (57.573 + 0 + 4.995)
=136.219

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

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

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

Nirman Agri Genetics's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=52.359/503.539
=10.40 %

* 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.


Nirman Agri Genetics Operating Income Related Terms

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Nirman Agri Genetics Business Description

Traded in Other Exchanges
N/A
Address
Dindori Road, Vedant Apartment, Near Reliance Shopee, Panchavati, Nashik, MH, IND, 422 003
Nirman Agri Genetics Ltd is an organized Agri-Input company in India. It is in the business of production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, and others. It is engaged in the business of Agriculture Industry, Manufacturing & Processing of seeds. Its geographical segments include Revenue within India includes sales to customers located within India and Revenue outside India includes sales to customers located outside India including Export Benefits or Incentives.

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