DCG Cables & Wires (NSE:DCG) Operating Income: ₹134 Mil (TTM As of Mar. 2025)

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NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
Price ₹54.00
! 3 Warning Signs
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What is DCG Cables & Wires Operating Income?

DCG Cables & Wires NSE:DCG +0.47% 17 Operating Income is ₹134 Mil as of Mar. 2025. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

DCG Cables & Wires's Operating Income for the six months ended in Mar. 2025 was ₹134 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was ₹134 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. DCG Cables & Wires's Operating Income for the six months ended in Mar. 2025 was ₹134 Mil. DCG Cables & Wires's Revenue for the six months ended in Mar. 2025 was ₹1,276 Mil. Therefore, DCG Cables & Wires's Operating Margin % for the quarter that ended in Mar. 2025 was 10.50%.

DCG Cables & Wires'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. DCG Cables & Wires's annualized ROC % for the quarter that ended in Mar. 2025 was 11.43%. DCG Cables & Wires's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 18.76%.

DCG Cables & Wires  (NSE:DCG) Operating Income Explanation

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

DCG Cables & Wires's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=133.973 * ( 1 - 28.83% )/( (514.126 + 1154.223)/ 2 )
=95.3485841/834.1745
=11.43 %

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))
=852.664 - 316.461 - ( 22.077 - max(0, 555.692 - 735.782+22.077))
=514.126

Invested Capital(Q: Mar. 2025 )
=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))
=1209.39 - 29.33 - ( 25.837 - max(0, 385.889 - 789.646+25.837))
=1154.223

Note: The Operating Income data used here is one times the annual (Mar. 2025) data.

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

DCG Cables & Wires's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=142.106/( ( (114.75 + max(334.676, 0)) + (418.142 + max(647.184, 0)) )/ 2 )
=142.106/( ( 449.426 + 1065.326 )/ 2 )
=142.106/757.376
=18.76 %

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)
=(490.982 + 179.022 + 15.342) - (316.461 + 0 + 34.209)
=334.676

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(135.188 + 364.849 + 206.723) - (29.33 + 0 + 30.246)
=647.184

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2025) EBIT data.

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

DCG Cables & Wires's Operating Margin % for the quarter that ended in Mar. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=133.973/1275.613
=10.50 %

* 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.

DCG Cables & Wires Operating Income Related Terms

DCG Cables & Wires Operating Income Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires'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.

DCG Cables & Wires Operating Income Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income
1.41 8.22 32.58 151.81 133.97

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income 1.41 8.22 32.58 151.81 133.97
NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires 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. 2025 was ₹134 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 ₹134 Mil mean?
DCG Cables & Wires (NSE:DCG) has a Operating Income of ₹134 Mil as of Mar. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DCG Cables & Wires and its competitors.
Is DCG Cables & Wires' Operating Income too high?
DCG Cables & Wires' current Operating Income is ₹134 Mil. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Operating Income compare to VRT and BE?
DCG Cables & Wires' Operating Income of ₹134 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 DCG Cables & Wires and its competitors. DCG Cables & Wires's current Operating Income is ₹134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Operating Income of ₹134 Mil. The current Operating Income is ₹134 Mil. DCG Cables & Wires' overall GF Score™ is 17/100 with 3 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 DCG Cables & Wires (NSE:DCG), the current Operating Income is ₹134 Mil as of Mar. 2025. 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score

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

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