DCM Shriram Fine Chemicals (NSE:DSFCL) Operating Income: ₹ Mil (TTM As of Mar. 2026)

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NSE:DSFCL DCM Shriram Fine Chemicals Ltd NSE:DSFCL
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What is DCM Shriram Fine Chemicals Operating Income?

DCM Shriram Fine Chemicals NSE:DSFCL -1.99% 10 Operating Income is ₹ Mil as of Mar. 2026. GuruFocus rates NSE:DSFCL with a GF Score™ of 10/100. The stock has 2 warning signs investors should review.

DCM Shriram Fine Chemicals's Operating Income for the six months ended in Mar. 2026 was ₹-15 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. DCM Shriram Fine Chemicals's Operating Income for the six months ended in Mar. 2026 was ₹-15 Mil. DCM Shriram Fine Chemicals's Revenue for the six months ended in Mar. 2026 was ₹3,826 Mil. Therefore, DCM Shriram Fine Chemicals's Operating Margin % for the quarter that ended in Mar. 2026 was -0.39%.

DCM Shriram Fine Chemicals'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. DCM Shriram Fine Chemicals's annualized ROC % for the quarter that ended in Mar. 2026 was -0.80%. DCM Shriram Fine Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.15%.


DCM Shriram Fine Chemicals  (NSE:DSFCL) Operating Income Explanation

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

DCM Shriram Fine Chemicals'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-15.019 * ( 1 - 0% )/( (2080.184 + 1697.588)/ 2 )
=-15.019/1888.886
=-0.80 %

where

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))
=3082.685 - 626.23 - ( 376.271 - max(0, 747.449 - 1732.113+376.271))
=2080.184

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))
=2954.044 - 556.235 - ( 700.221 - max(0, 672.69 - 1859.107+700.221))
=1697.588

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

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

DCM Shriram Fine Chemicals'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-20.699/( ( (1300.933 + max(701.217, 0)) + (1031.646 + max(564.422, 0)) )/ 2 )
=-20.699/( ( 2002.15 + 1596.068 )/ 2 )
=-20.699/1799.109
=-1.15 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(827.04 + 504.007 + 24.795) - (626.23 + 0 + 28.395)
=701.217

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(703.182 + 406.525 + 38.24) - (556.235 + 0 + 27.29)
=564.422

When net working capital is negative, 0 is used.

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

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

DCM Shriram Fine Chemicals'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 )
=-15.019/3826.397
=-0.39 %

* 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.


DCM Shriram Fine Chemicals Operating Income Related Terms


DCM Shriram Fine Chemicals Operating Income Historical Data

* Premium members only.

The historical data trend for DCM Shriram Fine Chemicals'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.

DCM Shriram Fine Chemicals Operating Income Chart

DCM Shriram Fine Chemicals Annual Data
Trend Mar25 Mar26
Operating Income
242.72 -15.02

DCM Shriram Fine Chemicals Semi-Annual Data
Mar25 Mar26
Operating Income 242.72 -15.02
NSE:DSFCL
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DCM Shriram Fine Chemicals Ltd NSE:DSFCL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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DCM Shriram Fine Chemicals 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. 2026 was ₹ 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 ₹ Mil mean?
DCM Shriram Fine Chemicals (NSE:DSFCL) has a Operating Income of ₹ Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DCM Shriram Fine Chemicals and its competitors.
Is DCM Shriram Fine Chemicals' Operating Income too high?
DCM Shriram Fine Chemicals' current Operating Income is ₹ Mil. Overall, DCM Shriram Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Fine Chemicals' Operating Income compare to LIN and SHW?
DCM Shriram Fine Chemicals' Operating Income of ₹ Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 DCM Shriram Fine Chemicals and its competitors. DCM Shriram Fine Chemicals's current Operating Income is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Fine Chemicals stock overvalued right now?
DCM Shriram Fine Chemicals (NSE:DSFCL) has a current Operating Income of ₹ Mil. The current Operating Income is ₹ Mil. DCM Shriram Fine Chemicals' overall GF Score™ is 10/100 with 2 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 DCM Shriram Fine Chemicals (NSE:DSFCL), the current Operating Income is ₹ 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.

DCM Shriram Fine Chemicals Business Description

Other Exchanges 544703:India
Address Worldmark 1, 2nd Floor (West Wing) Aerocity, New Delhi, IND, 110037
DCM Shriram Fine Chemicals Ltd is a company specializing in the manufacture of chemicals and chemical products. Its operations include the production of organic and inorganic chemicals, drug intermediates, and chlor-alkali derivatives for industries such as pharmaceuticals, textiles, and water treatment.
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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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