GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marathon Nextgen Realty Ltd (BOM:503101) » Definitions » Operating Income

Marathon Nextgen Realty (BOM:503101) Operating Income : ₹2,219 Mil (TTM As of Jun. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Marathon Nextgen Realty Operating Income?

Marathon Nextgen Realty's Operating Income for the three months ended in Jun. 2024 was ₹522 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was ₹2,219 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Marathon Nextgen Realty's Operating Income for the three months ended in Jun. 2024 was ₹522 Mil. Marathon Nextgen Realty's Revenue for the three months ended in Jun. 2024 was ₹1,622 Mil. Therefore, Marathon Nextgen Realty's Operating Margin % for the quarter that ended in Jun. 2024 was 32.17%.

Warning Sign:

Marathon Nextgen Realty Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.5%.

Marathon Nextgen Realty's 5-Year average Growth Rate for Operating Margin % was -6.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marathon Nextgen Realty's annualized ROC % for the quarter that ended in Jun. 2024 was 7.22%. Marathon Nextgen Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 52.32%.


Marathon Nextgen Realty Operating Income Historical Data

The historical data trend for Marathon Nextgen Realty'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.

Marathon Nextgen Realty Operating Income Chart

Marathon Nextgen Realty Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 586.54 639.25 718.69 2,427.75 2,300.30

Marathon Nextgen Realty Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 603.35 475.34 755.25 466.36 521.78

Marathon Nextgen Realty 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,219 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.


Marathon Nextgen Realty  (BOM:503101) Operating Income Explanation

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

Marathon Nextgen Realty's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=2087.124 * ( 1 - 25.72% )/( (21483.416 + 0)/ 1 )
=1550.3157072/21483.416
=7.22 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=22386.244 - 799.32 - ( 103.508 - max(0, 5564.103 - 11237.541+103.508))
=21483.416

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Marathon Nextgen Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2520.916/( ( (97.651 + max(4720.16, 0)) + (0 + max(0, 0)) )/ 1 )
=2520.916/( ( 4817.811 + 0 )/ 1 )
=2520.916/4817.811
=52.32 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(943.739 + 6203.969 + 1353.562) - (799.32 + 0 + 2981.79)
=4720.16

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Marathon Nextgen Realty's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=521.781/1622.122
=32.17 %

* 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.


Marathon Nextgen Realty Operating Income Related Terms

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


Marathon Nextgen Realty Business Description

Traded in Other Exchanges
Address
Mulund-Goregaon Link Road and L.B.S Marg, 702, Marathon MAX, Mulund (West), Mumbai, MH, IND, 400 080
Marathon Nextgen Realty Ltd is a real estate company. It is engaged in the business of construction, development, and sale of commercial and residential real estate projects. Geographically, it operates only in India. Some of its projects include Marathon NextGen Era; Marathon NextGen Innova; Marathon NextGen Emperor and Marathon Embrace (SRA). It generates maximum revenue from sale of a property.

Marathon Nextgen Realty Headlines

No Headlines