DCM Shriram Industries (NSE:DCMSRIND) Operating Margin %: 10.49% (As of Mar. 2026) — 61% Above Median


NSE:DCMSRIND DCM Shriram Industries Ltd NSE:DCMSRIND
54 GF Score
Price ₹37.93
GF Value ₹3.41
Valuation Significantly Overvalued
! 6 Warning Signs
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What is DCM Shriram Industries Operating Margin %?

DCM Shriram Industries NSE:DCMSRIND -0.97% 54 Operating Margin % is 10.49% as of Mar. 2026, which is 61% above its 10-year median of 6.52. GuruFocus rates NSE:DCMSRIND with a GF Score™ of 54/100 and a GF Value™ of ₹3.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, DCM Shriram Industries ranks better than 50.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. DCM Shriram Industries's Operating Income for the three months ended in Mar. 2026 was ₹285 Mil. DCM Shriram Industries's Revenue for the three months ended in Mar. 2026 was ₹2,720 Mil. Therefore, DCM Shriram Industries's Operating Margin % for the quarter that ended in Mar. 2026 was 10.49%.

Good Sign:

DCM Shriram Industries Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for DCM Shriram Industries's Operating Margin % or its related term are showing as below:

NSE:DCMSRIND' s Operating Margin % Range Over the Past 10 Years
Min: 4.85   Med: 6.52   Max: 12.51
Current: 5.3


NSE:DCMSRIND's Operating Margin % is ranked better than
50.23% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs NSE:DCMSRIND: 5.30

DCM Shriram Industries's 5-Year Average Operating Margin % Growth Rate was 2.50% per year.

DCM Shriram Industries's Operating Income for the three months ended in Mar. 2026 was ₹285 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹817 Mil.


DCM Shriram Industries  (NSE:DCMSRIND) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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 Industries Operating Margin % Related Terms


DCM Shriram Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for DCM Shriram Industries's Operating Margin % 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 Industries Operating Margin % Chart

DCM Shriram Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 4.85 9.18 5.89 7.15

DCM Shriram Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 14.90 6.75 -0.13 8.07 10.49

NSE:DCMSRIND vs MDLZ, HSY, TR: Operating Margin % Comparison

For the Confectioners subindustry, DCM Shriram Industries's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DCM Shriram Industries Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DCM Shriram Industries's Operating Margin % falls into.


NSE:DCMSRIND
54GF Score
DCM Shriram Industries Ltd NSE:DCMSRIND
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DCM Shriram Industries Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

DCM Shriram Industries's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=824.065 / 11530.155
=7.15 %

DCM Shriram 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 )
=285.4 / 2719.6
=10.49 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 10.49% mean?
DCM Shriram Industries (NSE:DCMSRIND) has a Operating Margin % of 10.49% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on DCM Shriram Industries and its competitors. This is 61% above median its historical median of 6.52. Over the past decade, DCM Shriram Industries' Operating Margin % has ranged from 4.85 to 12.51. According to the industry distribution chart, DCM Shriram Industries ranks #971 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 49.8%.
Is DCM Shriram Industries' Operating Margin % too high?
DCM Shriram Industries' current Operating Margin % of 10.49% is 61% above median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 12.51. The Consumer Packaged Goods industry median Operating Margin % is 5.26. DCM Shriram Industries' value of 10.49% is 99.4% above this industry median. Based on the distribution chart, DCM Shriram Industries ranks #971 out of 1951 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, DCM Shriram Industries has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Industries' Operating Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, DCM Shriram Industries ranks #971 out of 1951 companies for Operating Margin %. This puts DCM Shriram Industries in the upper half of its industry. The industry median Operating Margin % is 5.26. DCM Shriram Industries' value of 10.49% is 99.4% above this benchmark. Historically, DCM Shriram Industries' own Operating Margin % has ranged from 4.85 to 12.51 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 5.26, DCM Shriram Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DCM Shriram Industries's current Operating Margin % of 10.49% is 99.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on DCM Shriram Industries and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCM Shriram Industries's current Operating Margin % is 10.49%, which is 61% above median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Industries stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram Industries (NSE:DCMSRIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.41, compared to a current price of ₹37.93 — trading 1012.3% above its estimated fair value. The current Operating Margin % is 10.49%, which is 61% above median its 10-year median of 6.52 and 99.4% above the Consumer Packaged Goods industry median of 5.26. DCM Shriram Industries' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For DCM Shriram Industries (NSE:DCMSRIND), the current Operating Margin % is 10.49% 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 DCM Shriram Industries (NSE:DCMSRIND) Overvalued in 2026?

Based on GuruFocus' analysis, DCM Shriram Industries stock appears to be overvalued. The current stock price of ₹37.93 is trading 1012.3% above its estimated GF Value™ of ₹3.41. GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.

Key valuation signals for NSE:DCMSRIND:

  • Operating Margin %: 10.49% (61% above median its 10-year median of 6.52)
  • GF Value™: ₹3.41 vs. price of ₹37.93 (1012.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 99.4% above the Consumer Packaged Goods median (#971 of 1951)

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


DCM Shriram Industries Business Description

Other Exchanges 523369:India
Address 18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
DCM Shriram Industries Ltd is engaged in the production and sale of sugar, alcohol, power, chemicals, and industrial fibers. The group's reportable operating segments include Sugar, Industrial fibres and related products, and Chemicals. The majority of its revenue is generated from the Sugar segment, which comprises sugar, power, and alcohols. The Industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the Chemicals segment comprises organics and fine chemicals. Geographically, the group derives a majority of its revenue from India and also has a presence in Europe, China, and the Rest of the World.
54GF Score

Get the complete analysis for NSE:DCMSRIND

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

₹37.93
Price
₹3.41
GF Value