DPI Holdings Bhd (XKLS:0205) Operating Income: RM6.7 Mil (TTM As of Feb. 2026)

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What is DPI Holdings Bhd Operating Income?

DPI Holdings Bhd XKLS:0205 Operating Income is RM6.7 Mil as of Feb. 2026. The stock has 5 warning signs investors should review.

DPI Holdings Bhd's Operating Income for the three months ended in Feb. 2026 was RM1.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was RM6.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. DPI Holdings Bhd's Operating Income for the three months ended in Feb. 2026 was RM1.0 Mil. DPI Holdings Bhd's Revenue for the three months ended in Feb. 2026 was RM38.9 Mil. Therefore, DPI Holdings Bhd's Operating Margin % for the quarter that ended in Feb. 2026 was 2.49%.

Warning Sign:

DPI Holdings Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -27.8%.

DPI Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was -27.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DPI Holdings Bhd's annualized ROC % for the quarter that ended in Feb. 2026 was 2.76%. DPI Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 6.83%.

DPI Holdings Bhd  (XKLS:0205) Operating Income Explanation

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

DPI Holdings Bhd's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=3.876 * ( 1 - 31.49% )/( (88.1 + 104.346)/ 2 )
=2.6554476/96.223
=2.76 %

where

Invested Capital(Q: Nov. 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))
=134.519 - 18.811 - ( 27.608 - max(0, 34.941 - 87.984+27.608))
=88.1

Invested Capital(Q: Feb. 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))
=154.409 - 21.156 - ( 28.907 - max(0, 39.418 - 89.842+28.907))
=104.346

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

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

DPI Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.188/( ( (42.944 + max(39.803, 0)) + (60.984 + max(37.358, 0)) )/ 2 )
=6.188/( ( 82.747 + 98.342 )/ 2 )
=6.188/90.5445
=6.83 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.826 + 26.897 + 2.891) - (18.811 + 0 + 0)
=39.803

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.025 + 28.371 + 1.118) - (21.156 + 0 + 0)
=37.358

When net working capital is negative, 0 is used.

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

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

DPI Holdings Bhd's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=0.969/38.884
=2.49 %

* 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.

DPI Holdings Bhd Operating Income Related Terms

DPI Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for DPI Holdings Bhd'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.

DPI Holdings Bhd Operating Income Chart

DPI Holdings Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.97 5.67 2.98 5.94 3.04

DPI Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.40 1.26 2.66 1.77 0.97

DPI Holdings Bhd 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM6.7 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 RM6.7 Mil mean?
DPI Holdings Bhd (XKLS:0205) has a Operating Income of RM6.7 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DPI Holdings Bhd and its competitors.
Is DPI Holdings Bhd's Operating Income too high?
DPI Holdings Bhd's current Operating Income is RM6.7 Mil.
How does DPI Holdings Bhd's Operating Income compare to LIN and SHW?
DPI Holdings Bhd's Operating Income of RM6.7 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 DPI Holdings Bhd and its competitors. DPI Holdings Bhd's current Operating Income is RM6.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DPI Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, DPI Holdings Bhd (XKLS:0205) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.53, compared to a current price of RM0.10 — trading 81.1% below its estimated fair value. The current Operating Income is RM6.7 Mil. 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 DPI Holdings Bhd (XKLS:0205), the current Operating Income is RM6.7 Mil as of Feb. 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.

DPI Holdings Bhd Business Description

Address K69, Jalan Perindustrian 6, Kawasan Perindustrian Tanjung Agas, Kesang, Tangkak, JHR, MYS, 84000
DPI Holdings Bhd is an investment holding company. The company's operating segment includes Aerosol products; Solvents and thinners and others. It generates maximum revenue from the Aerosol products segment. The aerosol products segment is involved in the business of development, manufacturing and distribution of aerosol products. Solvents and thinners segment is involved in the business of trading solvents and thinners. Geographically, it derives a majority of revenue from Malaysia and also has an international presence.