Divine Power Energy (NSE:DPEL) Operating Income: ₹475 Mil (TTM As of Mar. 2026)

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NSE:DPEL Divine Power Energy Ltd NSE:DPEL
42 GF Score
Price ₹567.95
! 5 Warning Signs
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What is Divine Power Energy Operating Income?

Divine Power Energy NSE:DPEL +0.38% 42 Operating Income is ₹475 Mil as of Mar. 2026. GuruFocus rates NSE:DPEL with a GF Score™ of 42/100. The stock has 5 warning signs investors should review.

Divine Power Energy's Operating Income for the six months ended in Mar. 2026 was ₹319 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹475 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Divine Power Energy's Operating Income for the six months ended in Mar. 2026 was ₹319 Mil. Divine Power Energy's Revenue for the six months ended in Mar. 2026 was ₹3,465 Mil. Therefore, Divine Power Energy's Operating Margin % for the quarter that ended in Mar. 2026 was 9.19%.

Good Sign:

Divine Power Energy Ltd operating margin is expanding. Margin expansion is usually a good sign.

Divine Power Energy's 5-Year average Growth Rate for Operating Margin % was 12.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Divine Power Energy's annualized ROC % for the quarter that ended in Mar. 2026 was 18.02%. Divine Power Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.57%.

Divine Power Energy  (NSE:DPEL) Operating Income Explanation

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

Divine Power Energy'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=637.05 * ( 1 - 28.01% )/( (2147.598 + 2942.905)/ 2 )
=458.612295/2545.2515
=18.02 %

where

Invested Capital(Q: Sep. 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))
=2644.456 - 391.501 - ( 105.357 - max(0, 1327.802 - 1906.052+105.357))
=2147.598

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))
=3370.125 - 411.195 - ( 16.025 - max(0, 1722.922 - 2470.695+16.025))
=2942.905

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Divine Power Energy'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=659.722/( ( (249.853 + max(1271.013, 0)) + (476.643 + max(1933.138, 0)) )/ 2 )
=659.722/( ( 1520.866 + 2409.781 )/ 2 )
=659.722/1965.3235
=33.57 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(762.405 + 949.111 + 32.459) - (391.501 + 0 + 81.461)
=1271.013

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(847.924 + 1388.803 + 214.124) - (411.195 + 0 + 106.518)
=1933.138

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Divine Power Energy'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 )
=318.525/3464.744
=9.19 %

* 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.

Divine Power Energy Operating Income Related Terms

Divine Power Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Divine Power Energy'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.

Divine Power Energy Operating Income Chart

Divine Power Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 46.13 88.95 129.51 182.32 482.50

Divine Power Energy Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only 79.27 86.62 95.70 156.76 318.53
NSE:DPEL
42GF Score
Divine Power Energy Ltd NSE:DPEL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Divine Power Energy 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 semi-annually data reported by the company within the most recent 12 months, which was ₹475 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 ₹475 Mil mean?
Divine Power Energy (NSE:DPEL) has a Operating Income of ₹475 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Divine Power Energy and its competitors.
Is Divine Power Energy's Operating Income too high?
Divine Power Energy's current Operating Income is ₹475 Mil. Overall, Divine Power Energy has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Divine Power Energy's Operating Income compare to VRT and BE?
Divine Power Energy's Operating Income of ₹475 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 Divine Power Energy and its competitors. Divine Power Energy's current Operating Income is ₹475 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divine Power Energy stock overvalued right now?
Divine Power Energy (NSE:DPEL) has a current Operating Income of ₹475 Mil. The current Operating Income is ₹475 Mil. Divine Power Energy's overall GF Score™ is 42/100 with 5 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 Divine Power Energy (NSE:DPEL), the current Operating Income is ₹475 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.

Divine Power Energy Business Description

Address Industrial Area, Site-IV Sahibabad, 56/1 and 56/2, Ghaziabad, UP, IND, 201010
Divine Power Energy Ltd manufactures electrical conductors, wires, and strips used in the power and transformer industries. The company produces bare and winding copper and aluminum wires/strips insulated with materials like paper, cotton, and fiberglass, critical inputs for transformer manufacturers and power distribution companies. Located in Sahibabad, Ghaziabad, the company sources raw materials from top suppliers such as NALCO and Hindalco, serving sectors including solar and automobile ancillaries.
42GF 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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