Vision Infra Equipment Solutions (NSE:VIESL) Operating Income: ₹683 Mil (TTM As of Mar. 2026)

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NSE:VIESL Vision Infra Equipment Solutions Ltd NSE:VIESL
40 GF Score
Price ₹302.85
! 6 Warning Signs
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What is Vision Infra Equipment Solutions Operating Income?

Vision Infra Equipment Solutions NSE:VIESL -3.60% 40 Operating Income is ₹683 Mil as of Mar. 2026. GuruFocus rates NSE:VIESL with a GF Score™ of 40/100. The stock has 6 warning signs investors should review.

Vision Infra Equipment Solutions's Operating Income for the six months ended in Mar. 2026 was ₹683 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹683 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vision Infra Equipment Solutions's Operating Income for the six months ended in Mar. 2026 was ₹683 Mil. Vision Infra Equipment Solutions's Revenue for the six months ended in Mar. 2026 was ₹3,251 Mil. Therefore, Vision Infra Equipment Solutions's Operating Margin % for the quarter that ended in Mar. 2026 was 21.01%.

Good Sign:

Vision Infra Equipment Solutions Ltd operating margin is expanding. Margin expansion is usually a good sign.

Vision Infra Equipment Solutions's 5-Year average Growth Rate for Operating Margin % was 26.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vision Infra Equipment Solutions's annualized ROC % for the quarter that ended in Mar. 2026 was 16.58%. Vision Infra Equipment Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.10%.

Vision Infra Equipment Solutions  (NSE:VIESL) Operating Income Explanation

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

Vision Infra Equipment Solutions'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1366.264 * ( 1 - 22.32% )/( (4541.755 + 8258.539)/ 2 )
=1061.3138752/6400.147
=16.58 %

where

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))
=5198.711 - 575.309 - ( 81.647 - max(0, 1709.09 - 2342.914+81.647))
=4541.755

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))
=8755.15 - 323.338 - ( 200.857 - max(0, 3606.834 - 3780.107+200.857))
=8258.539

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:

Vision Infra Equipment Solutions'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1546.554/( ( (2753.034 + max(1490.517, 0)) + (4706.635 + max(393.415, 0)) )/ 2 )
=1546.554/( ( 4243.551 + 5100.05 )/ 2 )
=1546.554/4671.8005
=33.10 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1473.995 + 417.233 + 355.675) - (575.309 + 0 + 181.077)
=1490.517

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1722.113 + 1000.005 + 0) - (323.338 + 0 + 2005.365)
=393.415

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 %:

Vision Infra Equipment Solutions'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 )
=683.132/3250.817
=21.01 %

* 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.

Vision Infra Equipment Solutions Operating Income Related Terms

Vision Infra Equipment Solutions Operating Income Historical Data

* Premium members only.

The historical data trend for Vision Infra Equipment Solutions'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.

Vision Infra Equipment Solutions Operating Income Chart

Vision Infra Equipment Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 144.04 227.47 80.72 633.63 1,071.31

Vision Infra Equipment Solutions Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Operating Income Get a 7-Day Free Trial 0.00 0.00 285.16 351.58 683.13
NSE:VIESL
40GF Score
Vision Infra Equipment Solutions Ltd NSE:VIESL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Infra Equipment Solutions 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 ₹683 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 ₹683 Mil mean?
Vision Infra Equipment Solutions (NSE:VIESL) has a Operating Income of ₹683 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vision Infra Equipment Solutions and its competitors.
Is Vision Infra Equipment Solutions' Operating Income too high?
Vision Infra Equipment Solutions' current Operating Income is ₹683 Mil. Overall, Vision Infra Equipment Solutions has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Vision Infra Equipment Solutions' Operating Income compare to URI and SUNB?
Vision Infra Equipment Solutions' Operating Income of ₹683 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Vision Infra Equipment Solutions and its competitors. Vision Infra Equipment Solutions's current Operating Income is ₹683 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Infra Equipment Solutions stock overvalued right now?
Vision Infra Equipment Solutions (NSE:VIESL) has a current Operating Income of ₹683 Mil. The current Operating Income is ₹683 Mil. Vision Infra Equipment Solutions' overall GF Score™ is 40/100 with 6 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 Vision Infra Equipment Solutions (NSE:VIESL), the current Operating Income is ₹683 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.

Vision Infra Equipment Solutions Business Description

Address International BusinessBay, Shop No 401-405, Bhawani, 4th floor, Gurunanak Nagar, Bhavani Peth, Pune, MH, IND, 411042
Vision Infra Equipment Solutions Ltd is a solution provider in the equipment space, delivering its services in airports, smart cities, irrigation, buildings & factories, mining, railways, etc. Its portfolio of services includes: renting of road construction equipment and trading and refurbishment of this equipment. Its services offer several advantages, such as improved efficiency, cost control, and a streamlined supply chain. The company's business of renting road construction equipment is executed in two rental modes based on: (i) time-based pricing and (ii) output-based pricing. The company has two segments, including Rental Services and Trading and Refurbishment Products.
40GF 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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