Dollar Industries (NSE:DOLLAR) Operating Income: ₹1,600 Mil (TTM As of Mar. 2026)

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NSE:DOLLAR Dollar Industries Ltd NSE:DOLLAR
78 GF Score
Price ₹261.40
GF Value ₹534.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Dollar Industries Operating Income?

Dollar Industries NSE:DOLLAR -1.56% 78 Operating Income is ₹1,600 Mil as of Mar. 2026. GuruFocus rates NSE:DOLLAR with a GF Score™ of 78/100 and a GF Value™ of ₹534.23 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Dollar Industries's Operating Income for the three months ended in Mar. 2026 was ₹468 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,600 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Dollar Industries's Operating Income for the three months ended in Mar. 2026 was ₹468 Mil. Dollar Industries's Revenue for the three months ended in Mar. 2026 was ₹6,215 Mil. Therefore, Dollar Industries's Operating Margin % for the quarter that ended in Mar. 2026 was 7.54%.

Warning Sign:

Dollar Industries Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.3%.

Dollar Industries's 5-Year average Growth Rate for Operating Margin % was -8.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dollar Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 11.22%. Dollar Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.72%.


Dollar Industries  (NSE:DOLLAR) Operating Income Explanation

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

Dollar Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1873.344 * ( 1 - 22.51% )/( (0 + 12942.21)/ 1 )
=1451.6542656/12942.21
=11.22 %

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))
=15446.096 - 2406.722 - ( 97.164 - max(0, 5363.655 - 12368.85+97.164))
=12942.21

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

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

Dollar Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1934.788/( ( (0 + max(0, 0)) + (2960.008 + max(9344.194, 0)) )/ 1 )
=1934.788/( ( 0 + 12304.202 )/ 1 )
=1934.788/12304.202
=15.72 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6279.097 + 5066.88 + 884.337) - (2406.722 + 0 + 479.398)
=9344.194

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Dollar Industries's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=468.336/6215.465
=7.54 %

* 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.


Dollar Industries Operating Income Related Terms


Dollar Industries Operating Income Historical Data

* Premium members only.

The historical data trend for Dollar Industries'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.

Dollar Industries Operating Income Chart

Dollar Industries 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 2,063.68 837.96 1,402.12 1,461.61 1,613.31

Dollar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 458.40 334.14 504.27 293.52 468.34
NSE:DOLLAR
78GF Score
Dollar Industries Ltd NSE:DOLLAR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollar Industries 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,600 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 ₹1,600 Mil mean?
Dollar Industries (NSE:DOLLAR) has a Operating Income of ₹1,600 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Dollar Industries and its competitors.
Is Dollar Industries' Operating Income too high?
Dollar Industries' current Operating Income is ₹1,600 Mil. Overall, Dollar Industries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dollar Industries' Operating Income compare to RL and LEVI?
Dollar Industries' Operating Income of ₹1,600 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 Dollar Industries and its competitors. Dollar Industries's current Operating Income is ₹1,600 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dollar Industries (NSE:DOLLAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹534.23, compared to a current price of ₹261.40 — trading 51.1% below its estimated fair value. The current Operating Income is ₹1,600 Mil. Dollar Industries' overall GF Score™ is 78/100 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 Dollar Industries (NSE:DOLLAR), the current Operating Income is ₹1,600 Mil as of Mar. 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 Dollar Industries (NSE:DOLLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Dollar Industries stock appears to be undervalued. The current stock price of ₹261.40 is trading 51.1% below its estimated GF Value™ of ₹534.23. GuruFocus considers Dollar Industries to be Significantly Undervalued.

Key valuation signals for NSE:DOLLAR:

  • Operating Income: ₹1,600 Mil
  • GF Value™: ₹534.23 vs. price of ₹261.40 (51.1% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Dollar Industries Business Description

Other Exchanges 541403:India
Address 32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted innerwear, casual wear, and thermal wear. The company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the company. Geographically, it derives a majority of its revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery, and Dollar RKG.
78GF Score

Get the complete analysis for NSE:DOLLAR

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

₹261.40
Price
₹534.23
GF Value