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Suzlon Energy (NSE:SUZLON) Operating Income : ₹6,962 Mil (TTM As of Mar. 2024)


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What is Suzlon Energy Operating Income?

Suzlon Energy's Operating Income for the three months ended in Mar. 2024 was ₹3,155 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹6,962 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Suzlon Energy's Operating Income for the three months ended in Mar. 2024 was ₹3,155 Mil. Suzlon Energy's Revenue for the three months ended in Mar. 2024 was ₹21,792 Mil. Therefore, Suzlon Energy's Operating Margin % for the quarter that ended in Mar. 2024 was 14.48%.

Suzlon Energy'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. Suzlon Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 26.36%. Suzlon Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 45.40%.


Suzlon Energy Operating Income Historical Data

The historical data trend for Suzlon Energy'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.

* Premium members only.

Suzlon Energy Operating Income Chart

Suzlon Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,383.20 3,006.90 6,310.40 5,790.90 8,485.90

Suzlon Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 1,547.80 1,528.60 1,730.10 2,077.70 3,154.60

Suzlon Energy 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,962 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.


Suzlon Energy  (NSE:SUZLON) Operating Income Explanation

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

Suzlon Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=12618.4 * ( 1 - -0.49% )/( (0 + 48111.1)/ 1 )
=12680.23016/48111.1
=26.36 %

where

Invested Capital(Q: Mar. 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))
=71790.2 - 17977.4 - ( 5701.7 - max(0, 30088.5 - 52876.9+5701.7))
=48111.1

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Suzlon Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11887.2/( ( (0 + max(0, 0)) + (8257.2 + max(17927, 0)) )/ 1 )
=11887.2/( ( 0 + 26184.2 )/ 1 )
=11887.2/26184.2
=45.40 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18295.8 + 22922.9 + 5953.9) - (17977.4 + 0 + 11268.2)
=17927

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Suzlon Energy's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3154.6/21792
=14.48 %

* 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.


Suzlon Energy Operating Income Related Terms

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Suzlon Energy (NSE:SUZLON) Business Description

Traded in Other Exchanges
Address
One Earth, Hadapsar, Pune, MH, IND, 411028
Suzlon Energy Ltd provides renewable energy solutions. The company's products comprise wind turbine generators and related components, as well as solar energy solutions. In addition, the company provides services that support the operation of wind turbine generators. The sale of wind turbines, solar systems, and other parts accounts for the majority of the company's sales. The company generates almost all its revenue from India, Europe, the USA and Canada.

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