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Yug Decor (BOM:540550) Operating Income : ₹30.8 Mil (TTM As of Sep. 2023)


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What is Yug Decor Operating Income?

Yug Decor's Operating Income for the six months ended in Sep. 2023 was ₹12.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₹30.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yug Decor's Operating Income for the six months ended in Sep. 2023 was ₹12.4 Mil. Yug Decor's Revenue for the six months ended in Sep. 2023 was ₹139.8 Mil. Therefore, Yug Decor's Operating Margin % for the quarter that ended in Sep. 2023 was 8.89%.

Yug Decor'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. Yug Decor's annualized ROC % for the quarter that ended in Sep. 2023 was 16.05%. Yug Decor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 24.15%.


Yug Decor Operating Income Historical Data

The historical data trend for Yug Decor'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.

Yug Decor Operating Income Chart

Yug Decor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.92 10.69 4.13 5.60 20.16

Yug Decor Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -3.40 9.00 1.81 18.35 12.42

Yug Decor 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹30.8 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.


Yug Decor  (BOM:540550) Operating Income Explanation

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

Yug Decor's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=24.848 * ( 1 - 26.45% )/( (106.576 + 121.091)/ 2 )
=18.275704/113.8335
=16.05 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Yug Decor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.278/( ( (25.23 + max(74.195, 0)) + (24.039 + max(85.913, 0)) )/ 2 )
=25.278/( ( 99.425 + 109.952 )/ 2 )
=25.278/104.6885
=24.15 %

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)
=(112.578 + 14.524 + 0) - (51.235 + 0 + 1.672)
=74.195

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(118.774 + 19.803 + 0) - (46.692 + 0 + 5.972)
=85.913

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Yug Decor's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=12.424/139.761
=8.89 %

* 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.


Yug Decor Operating Income Related Terms

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Yug Decor (BOM:540550) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 709-714, Sakar- V, Behind Old Natraj Cinema, Ahmedabad, GJ, IND, 380009
Yug Decor Ltd manufactures different kinds of adhesives and sealants. The product portfolio of the company includes Synthetic Binders, Synthetic Resin Adhesives, Footwear Adhesives, Natural Rubber Adhesives under the brand YUG-COL. It operates in India as well as exports its products outside the country.

Yug Decor (BOM:540550) Headlines

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