Semac Construction (NSE:SEMAC) Operating Income: ₹65 Mil (TTM As of Mar. 2026)

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NSE:SEMAC Semac Construction Ltd NSE:SEMAC
57 GF Score
Price ₹309.05
GF Value ₹641.98
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Semac Construction Operating Income?

Semac Construction NSE:SEMAC -1.89% 57 Operating Income is ₹65 Mil as of Mar. 2026. GuruFocus rates NSE:SEMAC with a GF Score™ of 57/100 and a GF Value™ of ₹641.98 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Semac Construction's Operating Income for the three months ended in Mar. 2026 was ₹38 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹65 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Semac Construction's Operating Income for the three months ended in Mar. 2026 was ₹38 Mil. Semac Construction's Revenue for the three months ended in Mar. 2026 was ₹749 Mil. Therefore, Semac Construction's Operating Margin % for the quarter that ended in Mar. 2026 was 5.05%.

Semac Construction'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. Semac Construction's annualized ROC % for the quarter that ended in Mar. 2026 was 14.27%. Semac Construction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 571.07%.


Semac Construction  (NSE:SEMAC) Operating Income Explanation

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

Semac Construction'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=151.248 * ( 1 - 0% )/( (0 + 1060.038)/ 1 )
=151.248/1060.038
=14.27 %

where

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))
=2049.504 - 486.25 - ( 879.087 - max(0, 1150.134 - 1653.35+879.087))
=1060.038

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Semac Construction'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=179.424/( ( (0 + max(0, 0)) + (31.419 + max(-187.522, 0)) )/ 1 )
=179.424/( ( 0 + 31.419 )/ 1 )
=179.424/31.419
=571.07 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(367.75 + 19.75 + 305.293) - (486.25 + 0 + 394.065)
=-187.522

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Semac Construction'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 )
=37.812/748.683
=5.05 %

* 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.


Semac Construction Operating Income Related Terms


Semac Construction Operating Income Historical Data

* Premium members only.

The historical data trend for Semac Construction'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.

Semac Construction Operating Income Chart

Semac Construction Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.62 259.97 -344.47 -60.10 65.10

Semac Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -13.86 8.37 7.63 11.29 37.81
NSE:SEMAC
57GF Score
Semac Construction Ltd NSE:SEMAC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Semac Construction 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 quarterly data reported by the company within the most recent 12 months, which was ₹65 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 ₹65 Mil mean?
Semac Construction (NSE:SEMAC) has a Operating Income of ₹65 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Semac Construction and its competitors.
Is Semac Construction's Operating Income too high?
Semac Construction's current Operating Income is ₹65 Mil. Overall, Semac Construction has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Semac Construction's Operating Income compare to PWR and FIX?
Semac Construction's Operating Income of ₹65 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 Semac Construction and its competitors. Semac Construction's current Operating Income is ₹65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semac Construction stock overvalued right now?
Based on GuruFocus' analysis, Semac Construction (NSE:SEMAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹641.98, compared to a current price of ₹309.05 — trading 51.9% below its estimated fair value. The current Operating Income is ₹65 Mil. Semac Construction's overall GF Score™ is 57/100 with 5 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 Semac Construction (NSE:SEMAC), the current Operating Income is ₹65 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 Semac Construction (NSE:SEMAC) Overvalued in 2026?

Based on GuruFocus' analysis, Semac Construction stock appears to be undervalued. The current stock price of ₹309.05 is trading 51.9% below its estimated GF Value™ of ₹641.98. GuruFocus considers Semac Construction to be Significantly Undervalued.

Key valuation signals for NSE:SEMAC:

  • Operating Income: ₹65 Mil
  • GF Value™: ₹641.98 vs. price of ₹309.05 (51.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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


Semac Construction Business Description

Other Exchanges 505368:India
Address Phase - III, Plot No. 505, 3rd Floor, Udyog Vihar, Gurugram, HR, IND, 122016
Semac Construction Ltd is a comprehensive engineering and construction services provider offering solutions for ASMEPF (Architectural, Structural, Mechanical, Electrical, Plumbing, Fire Suppression, etc.) services. Its project portfolio comprises commercial complexes, roads, industrial plants, offices, etc. The group operates mainly in one business segment, viz., engineering, consultancy for commercial and industrial projects. Geographically, it derives maximum revenue from India, and also has some exposure to markets outside India.
57GF Score

Get the complete analysis for NSE:SEMAC

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

₹309.05
Price
₹641.98
GF Value