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Aatmaj Healthcare (NSE:AATMAJ) Operating Income : ₹ Mil (TTM As of Mar. 2022)


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What is Aatmaj Healthcare Operating Income?

Aatmaj Healthcare's Operating Income for the six months ended in Mar. 2022 was ₹70.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aatmaj Healthcare's Operating Income for the six months ended in Mar. 2022 was ₹70.9 Mil. Aatmaj Healthcare's Revenue for the six months ended in Mar. 2022 was ₹218.1 Mil. Therefore, Aatmaj Healthcare's Operating Margin % for the quarter that ended in Mar. 2022 was 32.50%.

Aatmaj Healthcare'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. Aatmaj Healthcare's annualized ROC % for the quarter that ended in Mar. 2022 was 38.20%. Aatmaj Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 65.62%.


Aatmaj Healthcare Operating Income Historical Data

The historical data trend for Aatmaj Healthcare'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.

Aatmaj Healthcare Operating Income Chart

Aatmaj Healthcare Annual Data
Trend Mar20 Mar21 Mar22
Operating Income
3.14 48.97 70.88

Aatmaj Healthcare Semi-Annual Data
Mar20 Mar21 Mar22
Operating Income 3.14 48.97 70.88

Aatmaj Healthcare 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. 2022 was ₹ 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.


Aatmaj Healthcare  (NSE:AATMAJ) Operating Income Explanation

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

Aatmaj Healthcare's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=70.877 * ( 1 - 28.12% )/( (95.105 + 171.603)/ 2 )
=50.9463876/133.354
=38.20 %

where

Note: The Operating Income data used here is one times the annual (Mar. 2022) data.

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

Aatmaj Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=69.617/( ( (81.763 + max(-10.382, 0)) + (108.122 + max(22.287, 0)) )/ 2 )
=69.617/( ( 81.763 + 130.409 )/ 2 )
=69.617/106.086
=65.62 %

where Working Capital is:

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.705 + 2.05 + 0.0010000000000012) - (17.012 + 0 + 1.126)
=-10.382

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.961 + 4.05 + 0.0069999999999979) - (16.918 + 0 + 15.813)
=22.287

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2022) EBIT data.

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

Aatmaj Healthcare's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2022 )/Revenue (Q: Mar. 2022 )
=70.877/218.089
=32.50 %

* 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.


Aatmaj Healthcare Operating Income Related Terms

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Aatmaj Healthcare (NSE:AATMAJ) Business Description

Traded in Other Exchanges
N/A
Address
Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012
Aatmaj Healthcare Ltd is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. The company strives to serve with its ultra-modern medicinal practices and infrastructure for medical as well as surgical care solutions. It aims towards continuous improvement of its healthcare facilities and to achieve the level of care and quality. It has a team of medical practitioners who ensures that patients get quality healthcare services.

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