SML Mahindra (BOM:505192) EBIT: ₹2,347 Mil (TTM As of Mar. 2026)


BOM:505192 SML Mahindra Ltd BOM:505192
51 GF Score
Price ₹4,012.20
GF Value ₹2,422.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SML Mahindra EBIT?

SML Mahindra BOM:505192 -1.63% 51 EBIT is ₹2,347 Mil as of Mar. 2026. GuruFocus rates BOM:505192 with a GF Score™ of 51/100 and a GF Value™ of ₹2,422.20 (Significantly Overvalued). The stock has 2 warning signs investors should review.

SML Mahindra's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹796 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,347 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SML Mahindra's annualized ROC % for the quarter that ended in Mar. 2026 was 23.75%. SML Mahindra's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SML Mahindra's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.86%.


SML Mahindra  (BOM:505192) EBIT Explanation

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

SML Mahindra'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 )
=3080.4 * ( 1 - 25.34% )/( (0 + 9684.7)/ 1 )
=2299.82664/9684.7
=23.75 %

where

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

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

SML Mahindra'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 )
=3183.6/( ( (0 + max(0, 0)) + (3221.3 + max(4473.2, 0)) )/ 1 )
=3183.6/( ( 0 + 7694.5 )/ 1 )
=3183.6/7694.5
=41.38 %

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)
=(2702.1 + 6606.8 + 343.6) - (4056.9 + 0 + 1122.4)
=4473.2

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:

SML Mahindra's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2346.9/60728.038
=3.86 %

* 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.


SML Mahindra EBIT Related Terms


SML Mahindra EBIT Historical Data

* Premium members only.

The historical data trend for SML Mahindra'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.

SML Mahindra EBIT Chart

SML Mahindra 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 -792.43 384.42 1,354.95 1,922.60 2,346.90

SML Mahindra 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 800.70 946.40 311.50 293.10 795.90

BOM:505192 vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, SML Mahindra'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.


SML Mahindra EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SML Mahindra's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SML Mahindra's EV-to-EBIT falls into.


BOM:505192
51GF Score
SML Mahindra Ltd BOM:505192
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SML Mahindra 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 ₹2,347 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 ₹2,347 Mil mean?
SML Mahindra (BOM:505192) has a EBIT of ₹2,347 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SML Mahindra.
Is SML Mahindra's EBIT too high?
SML Mahindra's current EBIT is ₹2,347 Mil. Overall, SML Mahindra has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's EBIT compare to TSLA and GM?
SML Mahindra's EBIT of ₹2,347 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 SML Mahindra. SML Mahindra's current EBIT is ₹2,347 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (BOM:505192) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,422.20, compared to a current price of ₹4,012.20 — trading 65.6% above its estimated fair value. The current EBIT is ₹2,347 Mil. SML Mahindra's overall GF Score™ is 51/100 with 2 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 SML Mahindra (BOM:505192), the current EBIT is ₹2,347 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 SML Mahindra (BOM:505192) Overvalued in 2026?

Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued. The current stock price of ₹4,012.20 is trading 65.6% above its estimated GF Value™ of ₹2,422.20. GuruFocus considers SML Mahindra to be Significantly Overvalued.

Key valuation signals for BOM:505192:

  • EBIT: ₹2,347 Mil
  • GF Value™: ₹2,422.20 vs. price of ₹4,012.20 (65.6% above fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the BOM:505192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SML Mahindra Business Description

Other Exchanges SMLMAH:India
Address SCO 204-205, Sector 34-A, Chandigarh, PB, IND, 160 022
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
51GF Score

Get the complete analysis for BOM:505192

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

₹4,012.20
Price
₹2,422.20
GF Value