Mipco Seamless Rings (Gujarat) (BOM:505797) EBIT: ₹1.04 Mil (TTM As of Mar. 2026)

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BOM:505797 Mipco Seamless Rings (Gujarat) Ltd BOM:505797
21 GF Score
Price ₹22.80
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What is Mipco Seamless Rings (Gujarat) EBIT?

Mipco Seamless Rings (Gujarat) BOM:505797 21 EBIT is ₹1.04 Mil as of Mar. 2026. GuruFocus rates BOM:505797 with a GF Score™ of 21/100.

Mipco Seamless Rings (Gujarat)'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mipco Seamless Rings (Gujarat)'s annualized ROC % for the quarter that ended in Mar. 2026 was 69.52%. Mipco Seamless Rings (Gujarat)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mipco Seamless Rings (Gujarat)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.09%.

Mipco Seamless Rings (Gujarat)  (BOM:505797) EBIT Explanation

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

Mipco Seamless Rings (Gujarat)'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 )
=4.692 * ( 1 - 0% )/( (0 + 6.749)/ 1 )
=4.692/6.749
=69.52 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=8.86 - 0.258 - ( 1.938 - max(0, 4.783 - 6.636+1.938))
=6.749

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

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

Mipco Seamless Rings (Gujarat)'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 )
=4.692/( ( (0 + max(0, 0)) + (0 + max(-0.085, 0)) )/ 1 )
=4.692/( ( 0 + 0 )/ 1 )
=4.692/0
= %

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)
=(0 + 0.248 + 4.45) - (0.258 + 0 + 4.525)
=-0.085

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:

Mipco Seamless Rings (Gujarat)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1.043/95.843
=1.09 %

* 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.

Mipco Seamless Rings (Gujarat) EBIT Related Terms

Mipco Seamless Rings (Gujarat) EBIT Historical Data

* Premium members only.

The historical data trend for Mipco Seamless Rings (Gujarat)'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.

Mipco Seamless Rings (Gujarat) EBIT Chart

Mipco Seamless Rings (Gujarat) 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 -0.96 -0.26 -3.15 -1.03 1.04

Mipco Seamless Rings (Gujarat) 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 0.23 -0.83 0.42 0.28 1.17

BOM:505797 vs XXI, CCXI, DMII: EBIT Comparison

For the Shell Companies subindustry, Mipco Seamless Rings (Gujarat)'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.

Mipco Seamless Rings (Gujarat) EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mipco Seamless Rings (Gujarat)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mipco Seamless Rings (Gujarat)'s EV-to-EBIT falls into.


BOM:505797
21GF Score
Mipco Seamless Rings (Gujarat) Ltd BOM:505797
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mipco Seamless Rings (Gujarat) 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 ₹1.04 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 ₹1.04 Mil mean?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a EBIT of ₹1.04 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mipco Seamless Rings (Gujarat).
Is Mipco Seamless Rings (Gujarat)'s EBIT too high?
Mipco Seamless Rings (Gujarat)'s current EBIT is ₹1.04 Mil. Overall, Mipco Seamless Rings (Gujarat) has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mipco Seamless Rings (Gujarat)'s EBIT compare to XXI and CCXI?
Mipco Seamless Rings (Gujarat)'s EBIT of ₹1.04 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Mipco Seamless Rings (Gujarat). Mipco Seamless Rings (Gujarat)'s current EBIT is ₹1.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mipco Seamless Rings (Gujarat) stock overvalued right now?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a current EBIT of ₹1.04 Mil. The current EBIT is ₹1.04 Mil. Mipco Seamless Rings (Gujarat)'s overall GF Score™ is 21/100. 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 Mipco Seamless Rings (Gujarat) (BOM:505797), the current EBIT is ₹1.04 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.

Mipco Seamless Rings (Gujarat) Business Description

Address 23-88/7-1, RK Nagar, Anandbagh, Malkajgiri, Rangareddy, Hyderabad, TG, IND, 500047
Mipco Seamless Rings (Gujarat) Ltd was previously engaged in the business of the media, communication, and entertainment sector. Currently, it has no operations and is evaluating opportunities available in the current market scenario to revive its activities.
21GF Score

Get the complete analysis for BOM:505797

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

₹22.80
Price