Denis Chem Lab (BOM:537536) Operating Income: ₹99 Mil (TTM As of Jun. 2026)

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BOM:537536 Denis Chem Lab Ltd BOM:537536
76 GF Score
Price ₹71.44
GF Value ₹116.40
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Denis Chem Lab Operating Income?

Denis Chem Lab BOM:537536 -0.50% 76 Operating Income is ₹99 Mil as of Jun. 2026. GuruFocus rates BOM:537536 with a GF Score™ of 76/100 and a GF Value™ of ₹116.40 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Denis Chem Lab's Operating Income for the three months ended in Jun. 2026 was ₹23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹99 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Denis Chem Lab's Operating Income for the three months ended in Jun. 2026 was ₹23 Mil. Denis Chem Lab's Revenue for the three months ended in Jun. 2026 was ₹440 Mil. Therefore, Denis Chem Lab's Operating Margin % for the quarter that ended in Jun. 2026 was 5.23%.

Warning Sign:

Denis Chem Lab Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.1%.

Denis Chem Lab's 5-Year average Growth Rate for Operating Margin % was -3.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Denis Chem Lab's annualized ROC % for the quarter that ended in Jun. 2026 was 9.80%. Denis Chem Lab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.00%.


Denis Chem Lab  (BOM:537536) Operating Income Explanation

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

Denis Chem Lab's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=92.064 * ( 1 - 22.64% )/( (727.099 + 0)/ 1 )
=71.2207104/727.099
=9.80 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=1248.262 - 234.874 - ( 286.289 - max(0, 316.661 - 853.433+286.289))
=727.099

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

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

Denis Chem Lab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=110.064/( ( (370.111 + max(277.325, 0)) + (0 + max(0, 0)) )/ 1 )
=110.064/( ( 647.436 + 0 )/ 1 )
=110.064/647.436
=17.00 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(386.507 + 106.03 + 64.135) - (234.874 + 0 + 44.473)
=277.325

Working Capital(Q: Jun. 2026 )
=(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. 2026) EBIT data.

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

Denis Chem Lab's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=23.016/439.967
=5.23 %

* 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.


Denis Chem Lab Operating Income Related Terms


Denis Chem Lab Operating Income Historical Data

* Premium members only.

The historical data trend for Denis Chem Lab'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.

Denis Chem Lab Operating Income Chart

Denis Chem Lab Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.65 131.35 151.58 107.46 121.61

Denis Chem Lab Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.00 26.13 41.93 8.06 23.02
BOM:537536
76GF Score
Denis Chem Lab Ltd BOM:537536
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Denis Chem Lab 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹99 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 ₹99 Mil mean?
Denis Chem Lab (BOM:537536) has a Operating Income of ₹99 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Denis Chem Lab and its competitors.
Is Denis Chem Lab's Operating Income too high?
Denis Chem Lab's current Operating Income is ₹99 Mil. Overall, Denis Chem Lab has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Denis Chem Lab's Operating Income compare to ZTS?
Denis Chem Lab's Operating Income of ₹99 Mil can be compared against companies in the Drug Manufacturers 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 a Drug Manufacturers company?
A good Operating Income depends on the Drug Manufacturers 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 Denis Chem Lab and its competitors. Denis Chem Lab's current Operating Income is ₹99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denis Chem Lab stock overvalued right now?
Based on GuruFocus' analysis, Denis Chem Lab (BOM:537536) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹116.40, compared to a current price of ₹71.44 — trading 38.6% below its estimated fair value. The current Operating Income is ₹99 Mil. Denis Chem Lab's overall GF Score™ is 76/100 with 4 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 Denis Chem Lab (BOM:537536), the current Operating Income is ₹99 Mil as of Jun. 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 Denis Chem Lab (BOM:537536) Overvalued in 2026?

Based on GuruFocus' analysis, Denis Chem Lab stock appears to be undervalued. The current stock price of ₹71.44 is trading 38.6% below its estimated GF Value™ of ₹116.40. GuruFocus considers Denis Chem Lab to be Significantly Undervalued.

Key valuation signals for BOM:537536:

  • Operating Income: ₹99 Mil
  • GF Value™: ₹116.40 vs. price of ₹71.44 (38.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the BOM:537536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denis Chem Lab Business Description

Address Satellite Road, 401 Abhishree Complex, Opposite OM Tower, Beside Bidiwala Park, Ahmedabad, GJ, IND, 380015
Denis Chem Lab Ltd is a pharmaceutical company involved in the manufacturing of pharmaceutical products. The company offers sterile intravenous injectables for human and veterinary use for different therapeutic areas. Its product portfolio includes antibiotic injections, diuretic injections, parenteral amino acid injections, plasma volume expanders, anti-pyretic Inj. irrigation solutions and dialysis solutions. The company has only one reportable segment which is Manufacturing, and Sales of Transfusion Solution in Bottles It generates its revenues through the sale of transfusion solution in bottles.
76GF Score

Get the complete analysis for BOM:537536

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

₹71.44
Price
₹116.40
GF Value