Silkflex Polymers (India) (NSE:SILKFLEX) Operating Income: ₹199 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SILKFLEX Silkflex Polymers (India) Ltd NSE:SILKFLEX
44 GF Score
Price ₹200.15
! 2 Warning Signs
View Full Analysis

What is Silkflex Polymers (India) Operating Income?

Silkflex Polymers (India) NSE:SILKFLEX -4.98% 44 Operating Income is ₹199 Mil as of Mar. 2026. GuruFocus rates NSE:SILKFLEX with a GF Score™ of 44/100. The stock has 2 warning signs investors should review.

Silkflex Polymers (India)'s Operating Income for the six months ended in Mar. 2026 was ₹145 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹199 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Silkflex Polymers (India)'s Operating Income for the six months ended in Mar. 2026 was ₹145 Mil. Silkflex Polymers (India)'s Revenue for the six months ended in Mar. 2026 was ₹726 Mil. Therefore, Silkflex Polymers (India)'s Operating Margin % for the quarter that ended in Mar. 2026 was 19.91%.

Good Sign:

Silkflex Polymers (India) Ltd operating margin is expanding. Margin expansion is usually a good sign.

Silkflex Polymers (India)'s 5-Year average Growth Rate for Operating Margin % was 31.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Silkflex Polymers (India)'s annualized ROC % for the quarter that ended in Mar. 2026 was 20.16%. Silkflex Polymers (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.05%.


Silkflex Polymers (India)  (NSE:SILKFLEX) Operating Income Explanation

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

Silkflex Polymers (India)'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 )
=289.092 * ( 1 - 25.7% )/( (981.11 + 1149.616)/ 2 )
=214.795356/1065.363
=20.16 %

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))
=1316.772 - 146.252 - ( 20.904 - max(0, 448.532 - 569.859+20.904))
=1149.616

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:

Silkflex Polymers (India)'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 )
=294.164/( ( (465.704 + max(411.96, 0)) + (662.015 + max(355.136, 0)) )/ 2 )
=294.164/( ( 877.664 + 1017.151 )/ 2 )
=294.164/947.4075
=31.05 %

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)
=(80.364 + 352.724 + 69.331) - (68.763 + 0 + 21.696)
=411.96

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(195.561 + 294.728 + 55.724) - (146.252 + 0 + 44.625)
=355.136

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 %:

Silkflex Polymers (India)'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 )
=144.546/726.095
=19.91 %

* 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.


Silkflex Polymers (India) Operating Income Related Terms


Silkflex Polymers (India) Operating Income Historical Data

* Premium members only.

The historical data trend for Silkflex Polymers (India)'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.

Silkflex Polymers (India) Operating Income Chart

Silkflex Polymers (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 14.34 19.90 66.92 112.29 198.69

Silkflex Polymers (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only 41.22 50.63 63.11 54.14 144.55
NSE:SILKFLEX
44GF Score
Silkflex Polymers (India) Ltd NSE:SILKFLEX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silkflex Polymers (India) 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 ₹199 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 ₹199 Mil mean?
Silkflex Polymers (India) (NSE:SILKFLEX) has a Operating Income of ₹199 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Silkflex Polymers (India) and its competitors.
Is Silkflex Polymers (India)'s Operating Income too high?
Silkflex Polymers (India)'s current Operating Income is ₹199 Mil. Overall, Silkflex Polymers (India) has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Silkflex Polymers (India)'s Operating Income compare to LIN and SHW?
Silkflex Polymers (India)'s Operating Income of ₹199 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 Silkflex Polymers (India) and its competitors. Silkflex Polymers (India)'s current Operating Income is ₹199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silkflex Polymers (India) stock overvalued right now?
Silkflex Polymers (India) (NSE:SILKFLEX) has a current Operating Income of ₹199 Mil. The current Operating Income is ₹199 Mil. Silkflex Polymers (India)'s overall GF Score™ is 44/100 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 Silkflex Polymers (India) (NSE:SILKFLEX), the current Operating Income is ₹199 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.

Silkflex Polymers (India) Business Description

Address Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302
Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.
44GF Score

Get the complete analysis for NSE:SILKFLEX

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

₹200.15
Price