GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahasolar Technologies Ltd (BOM:543941) » Definitions » Operating Income

Ahasolar Technologies (BOM:543941) Operating Income : ₹-4.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Ahasolar Technologies Operating Income?

Ahasolar Technologies's Operating Income for the six months ended in Mar. 2024 was ₹-4.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ahasolar Technologies's Operating Income for the six months ended in Mar. 2024 was ₹-4.2 Mil. Ahasolar Technologies's Revenue for the six months ended in Mar. 2024 was ₹419.2 Mil. Therefore, Ahasolar Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was -1.00%.

Ahasolar Technologies'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. Ahasolar Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -3.67%. Ahasolar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.87%.


Ahasolar Technologies Operating Income Historical Data

The historical data trend for Ahasolar Technologies'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.

Ahasolar Technologies Operating Income Chart

Ahasolar Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
0.24 1.09 9.13 15.75 -4.19

Ahasolar Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income 0.24 1.09 9.13 15.75 -4.19

Ahasolar Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4.2 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.


Ahasolar Technologies  (BOM:543941) Operating Income Explanation

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

Ahasolar Technologies'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: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-4.192 * ( 1 - 25.7% )/( (40.02 + 129.618)/ 2 )
=-3.114656/84.819
=-3.67 %

where

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

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

Ahasolar Technologies'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: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.632/( ( (0.808 + max(27.394, 0)) + (0.739 + max(38.697, 0)) )/ 2 )
=0.632/( ( 28.202 + 39.436 )/ 2 )
=0.632/33.819
=1.87 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.232 + 0 + 9.992) - (7.716 + 0 + 3.114)
=27.394

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.101 + 0.162 + 6.217) - (2.344 + 0 + 10.439)
=38.697

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Ahasolar Technologies'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 )
=-4.192/419.218
=-1.00 %

* 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.


Ahasolar Technologies Operating Income Related Terms

Thank you for viewing the detailed overview of Ahasolar Technologies's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Ahasolar Technologies (BOM:543941) Business Description

Traded in Other Exchanges
N/A
Address
Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

Ahasolar Technologies (BOM:543941) Headlines

No Headlines