Garware Offshore Services (BOM:501848) EBIT: ₹-40.0 Mil (TTM As of Mar. 2026)


BOM:501848 Garware Offshore Services Ltd BOM:501848
52 GF Score
Price ₹50.02
GF Value ₹60.59
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Garware Offshore Services EBIT?

Garware Offshore Services BOM:501848 -4.65% 52 EBIT is ₹-40.0 Mil as of Mar. 2026. GuruFocus rates BOM:501848 with a GF Score™ of 52/100 and a GF Value™ of ₹60.59 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Garware Offshore Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-34.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-40.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Garware Offshore Services's annualized ROC % for the quarter that ended in Mar. 2026 was -7.59%. Garware Offshore Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Garware Offshore Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.92%.


Garware Offshore Services  (BOM:501848) EBIT Explanation

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

Garware Offshore Services'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-151.196 * ( 1 - 0% )/( (0 + 1991.018)/ 1 )
=-151.196/1991.018
=-7.59 %

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))
=2062.032 - 86.188 - ( 99.747 - max(0, 315.457 - 300.283+99.747))
=1991.018

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

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

Garware Offshore Services'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-136.08/( ( (0 + max(0, 0)) + (1734.636 + max(33.236, 0)) )/ 1 )
=-136.08/( ( 0 + 1767.872 )/ 1 )
=-136.08/1767.872
=-7.70 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.696 + 92.21 + 24.63) - (86.188 + 0 + 81.112)
=33.236

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Garware Offshore Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-40.012/2083.087
=-1.92 %

* 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.


Garware Offshore Services EBIT Related Terms


Garware Offshore Services EBIT Historical Data

* Premium members only.

The historical data trend for Garware Offshore Services's EBIT 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.

Garware Offshore Services EBIT Chart

Garware Offshore Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -468.26 3,926.13 454.57 56.57 -40.01

Garware Offshore Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -11.79 -13.19 8.84 -1.64 -34.02

Garware Offshore Services EBIT Competitor Comparison

For the Marine Shipping subindustry, Garware Offshore Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Garware Offshore Services EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Garware Offshore Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Garware Offshore Services's EV-to-EBIT falls into.


BOM:501848
52GF Score
Garware Offshore Services Ltd BOM:501848
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Offshore Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-40.0 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 EBIT →
What does a EBIT of ₹-40.0 Mil mean?
Garware Offshore Services (BOM:501848) has a EBIT of ₹-40.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Garware Offshore Services.
Is Garware Offshore Services' EBIT too high?
Garware Offshore Services' current EBIT is ₹-40.0 Mil. Overall, Garware Offshore Services has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Offshore Services' EBIT compare to competitors?
Garware Offshore Services' EBIT of ₹-40.0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Garware Offshore Services. Garware Offshore Services's current EBIT is ₹-40.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Offshore Services stock overvalued right now?
Based on GuruFocus' analysis, Garware Offshore Services (BOM:501848) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹60.59, compared to a current price of ₹50.02 — trading 17.4% below its estimated fair value. The current EBIT is ₹-40.0 Mil. Garware Offshore Services' overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Garware Offshore Services (BOM:501848), the current EBIT is ₹-40.0 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.

Is Garware Offshore Services (BOM:501848) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Offshore Services stock appears to be undervalued. The current stock price of ₹50.02 is trading 17.4% below its estimated GF Value™ of ₹60.59. GuruFocus considers Garware Offshore Services to be Modestly Undervalued.

Key valuation signals for BOM:501848:

  • EBIT: ₹-40.0 Mil
  • GF Value™: ₹60.59 vs. price of ₹50.02 (17.4% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the BOM:501848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Offshore Services Business Description

Address D.N. Road, 3rd Floor, Prospect Chambers, Fort, Bazargate, Mumbai, MH, IND, 400001
Garware Offshore Services Ltd, formerly known as Global Offshore Services Ltd, is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.
52GF Score

Get the complete analysis for BOM:501848

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

₹50.02
Price
₹60.59
GF Value