Ortel Communications (NSE:ORTEL) Operating Income: ₹-334.7 Mil (TTM As of Jun. 2021)

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NSE:ORTEL Ortel Communications Ltd NSE:ORTEL
4 GF Score
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What is Ortel Communications Operating Income?

Ortel Communications NSE:ORTEL 4 Operating Income is ₹-334.7 Mil as of Jun. 2021. GuruFocus rates NSE:ORTEL with a GF Score™ of 4/100.

Ortel Communications's Operating Income for the three months ended in Jun. 2021 was ₹-91.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 was ₹-334.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ortel Communications's Operating Income for the three months ended in Jun. 2021 was ₹-91.9 Mil. Ortel Communications's Revenue for the three months ended in Jun. 2021 was ₹104.7 Mil. Therefore, Ortel Communications's Operating Margin % for the quarter that ended in Jun. 2021 was -87.77%.

Ortel Communications'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. Ortel Communications's annualized ROC % for the quarter that ended in Jun. 2021 was -8.43%. Ortel Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -12.15%.

Ortel Communications  (NSE:ORTEL) Operating Income Explanation

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

Ortel Communications's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=-367.6 * ( 1 - 0% )/( (4361.993 + 0)/ 1 )
=-367.6/4361.993
=-8.43 %

where

Invested Capital(Q: Mar. 2021 )
=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))
=3663.117 - 1896.171 - ( 40.698 - max(0, 3003.813 - 408.766+40.698))
=4361.993

Invested Capital(Q: Jun. 2021 )
=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

Note: The Operating Income data used here is four times the quarterly (Jun. 2021) data.

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

Ortel Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-372.4/( ( (3064.712 + max(-1757.402, 0)) + (0 + max(0, 0)) )/ 1 )
=-372.4/( ( 3064.712 + 0 )/ 1 )
=-372.4/3064.712
=-12.15 %

where Working Capital is:

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.656 + 3.373 + 211.03) - (1896.171 + 0 + 229.29)
=-1757.402

Working Capital(Q: Jun. 2021 )
=(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. 2021) EBIT data.

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

Ortel Communications's Operating Margin % for the quarter that ended in Jun. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2021 )/Revenue (Q: Jun. 2021 )
=-91.9/104.7
=-87.77 %

* 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.

Ortel Communications Operating Income Related Terms

Ortel Communications Operating Income Historical Data

* Premium members only.

The historical data trend for Ortel Communications'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.

Ortel Communications Operating Income Chart

Ortel Communications Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Operating Income
Get a 7-Day Free Trial 551.21 -1,098.15 -392.37 -374.62 -278.80

Ortel Communications Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -35.90 -45.60 -69.90 -127.30 -91.90
NSE:ORTEL
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Ortel Communications Ltd NSE:ORTEL
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Ortel Communications 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-334.7 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹-334.7 Mil mean?
Ortel Communications (NSE:ORTEL) has a Operating Income of ₹-334.7 Mil as of Jun. 2021. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ortel Communications and its competitors.
Is Ortel Communications' Operating Income too high?
Ortel Communications' current Operating Income is ₹-334.7 Mil. Overall, Ortel Communications has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ortel Communications' Operating Income compare to DIS and NFLX?
Ortel Communications' Operating Income of ₹-334.7 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 Ortel Communications and its competitors. Ortel Communications's current Operating Income is ₹-334.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ortel Communications stock overvalued right now?
Ortel Communications (NSE:ORTEL) has a current Operating Income of ₹-334.7 Mil. The current Operating Income is ₹-334.7 Mil. Ortel Communications' 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 Ortel Communications (NSE:ORTEL), the current Operating Income is ₹-334.7 Mil as of Jun. 2021. 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.

Ortel Communications Business Description

Address C-1, Chandrasekharpur, Behind RMRC, B.D.A. Colony, Bhubaneswar, OR, IND, 751016
Ortel Communications Ltd is a cable television service provider. The company's operating segment includes Cable TV Services, Data Services, Infrastructure Leasing (IFL), Carriage fees, and Others. It generates maximum revenue from the Cable TV segment that includes digital cable television services including other value-added services such as HD services, NVoD(Near Video on Demand), Gaming, and local content.
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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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