Quality Foils (India) (NSE:QFIL) Operating Income: ₹58 Mil (TTM As of Mar. 2026)

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NSE:QFIL Quality Foils (India) Ltd NSE:QFIL
65 GF Score
Price ₹60.00
GF Value ₹101.55
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Quality Foils (India) Operating Income?

Quality Foils (India) NSE:QFIL -4.46% 65 Operating Income is ₹58 Mil as of Mar. 2026. GuruFocus rates NSE:QFIL with a GF Score™ of 65/100 and a GF Value™ of ₹101.55 (Significantly Undervalued). The stock has 7 warning signs investors should review.

Quality Foils (India)'s Operating Income for the six months ended in Mar. 2026 was ₹28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹58 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Quality Foils (India)'s Operating Income for the six months ended in Mar. 2026 was ₹28 Mil. Quality Foils (India)'s Revenue for the six months ended in Mar. 2026 was ₹897 Mil. Therefore, Quality Foils (India)'s Operating Margin % for the quarter that ended in Mar. 2026 was 3.17%.

Warning Sign:

Quality Foils (India) Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.9%.

Quality Foils (India)'s 5-Year average Growth Rate for Operating Margin % was -5.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quality Foils (India)'s annualized ROC % for the quarter that ended in Mar. 2026 was 3.67%. Quality Foils (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.67%.


Quality Foils (India)  (NSE:QFIL) Operating Income Explanation

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

Quality Foils (India)'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=56.852 * ( 1 - 32.66% )/( (1049.853 + 1035.786)/ 2 )
=38.2841368/1042.8195
=3.67 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=1069.629 - 5.435 - ( 14.341 - max(0, 463.658 - 572.155+14.341))
=1049.853

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))
=1058.761 - 22.318 - ( 0.657 - max(0, 464.141 - 556.937+0.657))
=1035.786

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Quality Foils (India)'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=67.422/( ( (488.042 + max(527.322, 0)) + (492.392 + max(513.832, 0)) )/ 2 )
=67.422/( ( 1015.364 + 1006.224 )/ 2 )
=67.422/1010.794
=6.67 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(349.202 + 195.454 + 13.158) - (5.435 + 0 + 25.057)
=527.322

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(282.589 + 243.122 + 27.279) - (22.318 + 0 + 16.84)
=513.832

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Quality Foils (India)'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 )
=28.426/896.977
=3.17 %

* 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.


Quality Foils (India) Operating Income Related Terms


Quality Foils (India) Operating Income Historical Data

* Premium members only.

The historical data trend for Quality Foils (India)'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.

Quality Foils (India) Operating Income Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 50.24 56.51 38.59 27.97 57.58

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 20.78 4.09 23.88 29.15 28.43
NSE:QFIL
65GF Score
Quality Foils (India) Ltd NSE:QFIL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quality Foils (India) 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 semi-annually data reported by the company within the most recent 12 months, which was ₹58 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 ₹58 Mil mean?
Quality Foils (India) (NSE:QFIL) has a Operating Income of ₹58 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Quality Foils (India) and its competitors.
Is Quality Foils (India)'s Operating Income too high?
Quality Foils (India)'s current Operating Income is ₹58 Mil. Overall, Quality Foils (India) has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quality Foils (India)'s Operating Income compare to NUE and STLD?
Quality Foils (India)'s Operating Income of ₹58 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 Quality Foils (India) and its competitors. Quality Foils (India)'s current Operating Income is ₹58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Foils (India) stock overvalued right now?
Based on GuruFocus' analysis, Quality Foils (India) (NSE:QFIL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹101.55, compared to a current price of ₹60.00 — trading 40.9% below its estimated fair value. The current Operating Income is ₹58 Mil. Quality Foils (India)'s overall GF Score™ is 65/100 with 7 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 Quality Foils (India) (NSE:QFIL), the current Operating Income is ₹58 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 Quality Foils (India) (NSE:QFIL) Overvalued in 2026?

Based on GuruFocus' analysis, Quality Foils (India) stock appears to be undervalued. The current stock price of ₹60.00 is trading 40.9% below its estimated GF Value™ of ₹101.55. GuruFocus considers Quality Foils (India) to be Significantly Undervalued.

Key valuation signals for NSE:QFIL:

  • Operating Income: ₹58 Mil
  • GF Value™: ₹101.55 vs. price of ₹60.00 (40.9% below fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Quality Foils (India) Business Description

Address 3, Industrial Development Colony, Hisar, HR, IND, 125005
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.
65GF Score

Get the complete analysis for NSE:QFIL

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

₹60.00
Price
₹101.55
GF Value