Supreme (India) Impex (NSE:SIIL) Operating Income: ₹276 Mil (TTM As of Mar. 2018)

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What is Supreme (India) Impex Operating Income?

Supreme (India) Impex NSE:SIIL Operating Income is ₹276 Mil as of Mar. 2018.

Supreme (India) Impex's Operating Income for the six months ended in Mar. 2018 was ₹0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2018 was ₹276 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Supreme (India) Impex's Operating Income for the six months ended in Mar. 2018 was ₹0 Mil. Supreme (India) Impex's Revenue for the six months ended in Mar. 2018 was ₹0 Mil. Therefore, Supreme (India) Impex's Operating Margin % for the quarter that ended in Mar. 2018 was %.

Supreme (India) Impex'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. Supreme (India) Impex's annualized ROC % for the quarter that ended in Mar. 2018 was 0.00%. Supreme (India) Impex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 0.00%.

Supreme (India) Impex  (NSE:SIIL) Operating Income Explanation

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

Supreme (India) Impex's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=0 * ( 1 - 0% )/( (3163.271 + 3366.598)/ 2 )
=0/3264.9345
=0.00 %

where

Invested Capital(Q: Mar. 2017 )
=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))
=3781.722 - 387.713 - ( 230.738 - max(0, 2891.89 - 3443.978+230.738))
=3163.271

Invested Capital(Q: Mar. 2018 )
=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))
=4426.413 - 1037.467 - ( 22.348 - max(0, 3562.379 - 4113.299+22.348))
=3366.598

Note: The Operating Income data used here is two times the semi-annual (Mar. 2018) data.

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

Supreme (India) Impex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (227.745 + max(2729.294, 0)) + (204.245 + max(2999.205, 0)) )/ 2 )
=0/( ( 2957.039 + 3203.45 )/ 2 )
=0/3080.2445
=0.00 %

where Working Capital is:

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2806.713 + 308.38 + 6.1370000000002) - (387.713 + 0 + 4.2229999999995)
=2729.294

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3757.269 + 224.398 + 56.87) - (1037.467 + 0 + 1.8649999999998)
=2999.205

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2018) EBIT data.

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

Supreme (India) Impex's Operating Margin % for the quarter that ended in Mar. 2018 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2018 )/Revenue (Q: Mar. 2018 )
=0/0
= %

* 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.

Supreme (India) Impex Operating Income Related Terms

Supreme (India) Impex Operating Income Historical Data

* Premium members only.

The historical data trend for Supreme (India) Impex'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.

Supreme (India) Impex Operating Income Chart

Supreme (India) Impex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Operating Income
209.70 237.48 132.86 275.77 128.44

Supreme (India) Impex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18
Operating Income Get a 7-Day Free Trial 204.41 -71.55 148.10 127.67 0.00

Supreme (India) Impex 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹276 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 ₹276 Mil mean?
Supreme (India) Impex (NSE:SIIL) has a Operating Income of ₹276 Mil as of Mar. 2018. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Supreme (India) Impex and its competitors.
Is Supreme (India) Impex's Operating Income too high?
Supreme (India) Impex's current Operating Income is ₹276 Mil.
How does Supreme (India) Impex's Operating Income compare to competitors?
Supreme (India) Impex's Operating Income of ₹276 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 Supreme (India) Impex and its competitors. Supreme (India) Impex's current Operating Income is ₹276 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme (India) Impex stock overvalued right now?
Supreme (India) Impex (NSE:SIIL) has a current Operating Income of ₹276 Mil. The current Operating Income is ₹276 Mil. 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 Supreme (India) Impex (NSE:SIIL), the current Operating Income is ₹276 Mil as of Mar. 2018. 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.

Supreme (India) Impex Business Description

Address Plot No.823/2, Supreme House, Road No.8, GIDC, Sachin, Near Sagar Hotel, Opposite Jai Jinendra Prints Pvt. Ltd, Surat, GJ, IND, 394230
Supreme (India) Impex Ltd is an India-based firm which is engaged in manufacturing, trading, and distribution of fabrics, apparels, garments, dress materials and other related textile products. The company has also ventured into computerized embroidery business on sarees, cotton and other silk cloth. In addition, the company is also engaged in retailing of readymade garments and other textile products through its retail outlets. Its product portfolio comprises of a product like Textiles, Fabrics, Yarns, Garments, and other related clothes and possesses market recognition under the brand name MALKIE. It derives revenue from the Indian market, while it also has a presence in Africa, European countries and various other countries.