RKEC Projects (NSE:RKEC) Operating Income: ₹523 Mil (TTM As of Mar. 2025)

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NSE:RKEC RKEC Projects Ltd NSE:RKEC
65 GF Score
Price ₹26.03
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What is RKEC Projects Operating Income?

RKEC Projects NSE:RKEC -1.10% 65 Operating Income is ₹523 Mil as of Mar. 2025. GuruFocus rates NSE:RKEC with a GF Score™ of 65/100.

RKEC Projects's Operating Income for the three months ended in Mar. 2025 was ₹154 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ₹523 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. RKEC Projects's Operating Income for the three months ended in Mar. 2025 was ₹154 Mil. RKEC Projects's Revenue for the three months ended in Mar. 2025 was ₹1,414 Mil. Therefore, RKEC Projects's Operating Margin % for the quarter that ended in Mar. 2025 was 10.91%.

RKEC Projects'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. RKEC Projects's annualized ROC % for the quarter that ended in Mar. 2025 was 6.21%. RKEC Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 10.00%.


RKEC Projects  (NSE:RKEC) Operating Income Explanation

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

RKEC Projects's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=617.064 * ( 1 - 58.27% )/( (3799.672 + 4495.109)/ 2 )
=257.5008072/4147.3905
=6.21 %

where

Invested Capital(Q: Dec. 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))
=4965.474 - 700.018 - ( 465.784 - max(0, 2789.587 - 4035.723+465.784))
=3799.672

Invested Capital(Q: Mar. 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))
=5807.088 - 1207.141 - ( 104.838 - max(0, 3617.895 - 4711.823+104.838))
=4495.109

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

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

RKEC Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=355.808/( ( (928.977 + max(2250.202, 0)) + (1094.558 + max(2841.88, 0)) )/ 2 )
=355.808/( ( 3179.179 + 3936.438 )/ 2 )
=355.808/3557.8085
=10.00 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1690.076 + 1540.3 + 297.454) - (700.018 + 0 + 577.61)
=2250.202

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1686.042 + 2069.817 + 851.126) - (1207.141 + 0 + 557.964)
=2841.88

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

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

RKEC Projects's Operating Margin % for the quarter that ended in Mar. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=154.266/1414.253
=10.91 %

* 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.


RKEC Projects Operating Income Related Terms


RKEC Projects Operating Income Historical Data

* Premium members only.

The historical data trend for RKEC Projects'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.

RKEC Projects Operating Income Chart

RKEC Projects Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.95 263.32 487.48 522.54 522.71

RKEC Projects Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 239.80 112.91 83.90 171.64 154.27
NSE:RKEC
65GF Score
RKEC Projects Ltd NSE:RKEC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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RKEC Projects 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹523 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 ₹523 Mil mean?
RKEC Projects (NSE:RKEC) has a Operating Income of ₹523 Mil as of Mar. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on RKEC Projects and its competitors.
Is RKEC Projects' Operating Income too high?
RKEC Projects' current Operating Income is ₹523 Mil. Overall, RKEC Projects has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does RKEC Projects' Operating Income compare to PWR and FIX?
RKEC Projects' Operating Income of ₹523 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 RKEC Projects and its competitors. RKEC Projects's current Operating Income is ₹523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RKEC Projects stock overvalued right now?
RKEC Projects (NSE:RKEC) has a current Operating Income of ₹523 Mil. The current Operating Income is ₹523 Mil. RKEC Projects' overall GF Score™ is 65/100. 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 RKEC Projects (NSE:RKEC), the current Operating Income is ₹523 Mil as of Mar. 2025. 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.

RKEC Projects Business Description

Address Old Jail Road, Rednam Gardens, No. 10-12-1, Rednam Alcazar, 3rd Floor, Opposite SBI Main Branch, Vishakhapatnam, AP, IND, 530002
RKEC Projects Ltd operates in the construction business. The company is engaged in civil construction such as the construction of highways, roads, and bridges. Its completed projects include Marine Works, Roads and Bridges, Building and Infrastructure Works, and Electrification.
65GF Score

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

₹26.03
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