Sanima Mai Hydropower (XNEP:SHPC) Operating Income: NPR357.7 Mil (TTM As of Apr. 2026)

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XNEP:SHPC Sanima Mai Hydropower Ltd XNEP:SHPC
78 GF Score
Price NPR501.00
GF Value NPR278.87
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sanima Mai Hydropower Operating Income?

Sanima Mai Hydropower XNEP:SHPC -0.79% 78 Operating Income is NPR357.7 Mil as of Apr. 2026. GuruFocus rates XNEP:SHPC with a GF Score™ of 78/100 and a GF Value™ of NPR278.87 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Sanima Mai Hydropower's Operating Income for the three months ended in Apr. 2026 was NPR0.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was NPR357.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sanima Mai Hydropower's Operating Income for the three months ended in Apr. 2026 was NPR0.0 Mil. Sanima Mai Hydropower's Revenue for the three months ended in Apr. 2026 was NPR0.0 Mil. Therefore, Sanima Mai Hydropower's Operating Margin % for the quarter that ended in Apr. 2026 was %.

Warning Sign:

Sanima Mai Hydropower Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.6%.

Sanima Mai Hydropower's 5-Year average Growth Rate for Operating Margin % was -3.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sanima Mai Hydropower's annualized ROC % for the quarter that ended in Apr. 2026 was 0.00%. Sanima Mai Hydropower's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 0.00%.


Sanima Mai Hydropower  (XNEP:SHPC) Operating Income Explanation

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

Sanima Mai Hydropower's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=0 * ( 1 - 0% )/( (7443.475 + 5142.574)/ 2 )
=0/6293.0245
=0.00 %

where

Invested Capital(Q: Oct. 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))
=7370.627 - 12.932 - ( 749.535 - max(0, 868.278 - 782.498+749.535))
=7443.475

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

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

Sanima Mai Hydropower's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (23.34 + max(-477.687, 0)) + (22.022 + max(-132.925, 0)) )/ 2 )
=0/( ( 23.34 + 22.022 )/ 2 )
=0/22.681
=0.00 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 24.074 + 8.8890000000001) - (12.932 + 0 + 497.718)
=-477.687

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 31.497 + 19.203) - (0 + 0 + 183.625)
=-132.925

When net working capital is negative, 0 is used.

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

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

Sanima Mai Hydropower's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=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.


Sanima Mai Hydropower Operating Income Related Terms


Sanima Mai Hydropower Operating Income Historical Data

* Premium members only.

The historical data trend for Sanima Mai Hydropower'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.

Sanima Mai Hydropower Operating Income Chart

Sanima Mai Hydropower Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 590.87 660.15 491.34 480.14 398.20

Sanima Mai Hydropower Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Apr26
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 73.21 34.39 97.59 152.55 0.00
XNEP:SHPC
78GF Score
Sanima Mai Hydropower Ltd XNEP:SHPC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanima Mai Hydropower 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR357.7 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 NPR357.7 Mil mean?
Sanima Mai Hydropower (XNEP:SHPC) has a Operating Income of NPR357.7 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sanima Mai Hydropower and its competitors.
Is Sanima Mai Hydropower's Operating Income too high?
Sanima Mai Hydropower's current Operating Income is NPR357.7 Mil. Overall, Sanima Mai Hydropower has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanima Mai Hydropower's Operating Income compare to competitors?
Sanima Mai Hydropower's Operating Income of NPR357.7 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Sanima Mai Hydropower and its competitors. Sanima Mai Hydropower's current Operating Income is NPR357.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanima Mai Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Sanima Mai Hydropower (XNEP:SHPC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR278.87, compared to a current price of NPR501.00 — trading 79.7% above its estimated fair value. The current Operating Income is NPR357.7 Mil. Sanima Mai Hydropower's overall GF Score™ is 78/100 with 7 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 Sanima Mai Hydropower (XNEP:SHPC), the current Operating Income is NPR357.7 Mil as of Apr. 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 Sanima Mai Hydropower (XNEP:SHPC) Overvalued in 2026?

Based on GuruFocus' analysis, Sanima Mai Hydropower stock appears to be overvalued. The current stock price of NPR501.00 is trading 79.7% above its estimated GF Value™ of NPR278.87. GuruFocus considers Sanima Mai Hydropower to be Significantly Overvalued.

Key valuation signals for XNEP:SHPC:

  • Operating Income: NPR357.7 Mil
  • GF Value™: NPR278.87 vs. price of NPR501.00 (79.7% above fair value)
  • GF Score™: 78/100 with 7 warning signs

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


Sanima Mai Hydropower Business Description

Address KMC-4, Shankha Park, Dhumbarahi, P.O. Box 19737, Kathamandu, NPL
Sanima Mai Hydropower Ltd is a hydropower company. Its activity is to generate and sell hydroelectricity to the Nepal Electricity Authority. The company's operating segment include Mai Hydropower Plant and Mai Cascade Hydropower Plant. It generates maximum revenue from the Mai Hydropower Plant segment. The Mai Hydropower Project is a run-of-the-river hydropower plant with an installed capacity of 22MW.
78GF Score

Get the complete analysis for XNEP:SHPC

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

NPR501.00
Price
NPR278.87
GF Value