Sadhav Shipping (NSE:SADHAV) Operating Income: ₹164.1 Mil (TTM As of Mar. 2026)

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NSE:SADHAV Sadhav Shipping Ltd NSE:SADHAV
36 GF Score
Price ₹113.45
! 11 Warning Signs
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What is Sadhav Shipping Operating Income?

Sadhav Shipping NSE:SADHAV +0.27% 36 Operating Income is ₹164.1 Mil as of Mar. 2026. GuruFocus rates NSE:SADHAV with a GF Score™ of 36/100. The stock has 11 warning signs investors should review.

Sadhav Shipping's Operating Income for the six months ended in Mar. 2026 was ₹83.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹164.1 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sadhav Shipping's Operating Income for the six months ended in Mar. 2026 was ₹83.4 Mil. Sadhav Shipping's Revenue for the six months ended in Mar. 2026 was ₹625.6 Mil. Therefore, Sadhav Shipping's Operating Margin % for the quarter that ended in Mar. 2026 was 13.33%.

Good Sign:

Sadhav Shipping Ltd operating margin is expanding. Margin expansion is usually a good sign.

Sadhav Shipping's 5-Year average Growth Rate for Operating Margin % was 18.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sadhav Shipping's annualized ROC % for the quarter that ended in Mar. 2026 was 7.84%. Sadhav Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.98%.


Sadhav Shipping  (NSE:SADHAV) Operating Income Explanation

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

Sadhav Shipping'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 )
=166.774 * ( 1 - 0% )/( (2472.317 + 1781.846)/ 2 )
=166.774/2127.0815
=7.84 %

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))
=2788.989 - 169.408 - ( 195.113 - max(0, 390.154 - 537.418+195.113))
=2472.317

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))
=2117.787 - 135.559 - ( 200.382 - max(0, 282.749 - 597.152+200.382))
=1781.846

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:

Sadhav Shipping'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 )
=181.068/( ( (2247.371 + max(68.803, 0)) + (1516.436 + max(198.836, 0)) )/ 2 )
=181.068/( ( 2316.174 + 1715.272 )/ 2 )
=181.068/2015.723
=8.98 %

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)
=(143.989 + 0 + 198.316) - (169.408 + 0 + 104.094)
=68.803

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(226.35 + 0 + 170.42) - (135.559 + 0 + 62.375)
=198.836

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 %:

Sadhav Shipping'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 )
=83.387/625.641
=13.33 %

* 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.


Sadhav Shipping Operating Income Related Terms


Sadhav Shipping Operating Income Historical Data

* Premium members only.

The historical data trend for Sadhav Shipping'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.

Sadhav Shipping Operating Income Chart

Sadhav Shipping Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 62.95 129.50 181.35 254.84 164.09

Sadhav Shipping Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only 106.85 82.35 150.18 80.71 83.39
NSE:SADHAV
36GF Score
Sadhav Shipping Ltd NSE:SADHAV
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sadhav Shipping 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 ₹164.1 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 ₹164.1 Mil mean?
Sadhav Shipping (NSE:SADHAV) has a Operating Income of ₹164.1 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sadhav Shipping and its competitors.
Is Sadhav Shipping's Operating Income too high?
Sadhav Shipping's current Operating Income is ₹164.1 Mil. Overall, Sadhav Shipping has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Sadhav Shipping's Operating Income compare to competitors?
Sadhav Shipping's Operating Income of ₹164.1 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Sadhav Shipping and its competitors. Sadhav Shipping's current Operating Income is ₹164.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sadhav Shipping stock overvalued right now?
Sadhav Shipping (NSE:SADHAV) has a current Operating Income of ₹164.1 Mil. The current Operating Income is ₹164.1 Mil. Sadhav Shipping's overall GF Score™ is 36/100 with 11 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 Sadhav Shipping (NSE:SADHAV), the current Operating Income is ₹164.1 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.

Sadhav Shipping Business Description

Address New Link Road, Unit -618, 6th Floor, Laxmi Plaza, Building No. 9, Andheri West, Mumbai, MH, IND, 400053
Sadhav Shipping Ltd owns and operates marine assets to service ports, coastal logistics, and other port maritime-related services. The company is mainly engaged in the business of owning & operating barges, tugs & vessels in addition to taking ship management for other owners. The company has one business segment, i.e., Shipping, in various sectors of maritime trade in India.
36GF Score

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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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