Shah Alloys (BOM:513436) EBIT: ₹664.7 Mil (TTM As of Mar. 2026)

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BOM:513436 Shah Alloys Ltd BOM:513436
53 GF Score
Price ₹72.02
GF Value ₹4.92
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shah Alloys EBIT?

Shah Alloys BOM:513436 -1.75% 53 EBIT is ₹664.7 Mil as of Mar. 2026. GuruFocus rates BOM:513436 with a GF Score™ of 53/100 and a GF Value™ of ₹4.92 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shah Alloys's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-61.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹664.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shah Alloys's annualized ROC % for the quarter that ended in Mar. 2026 was -1.17%. Shah Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -48.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shah Alloys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.45%.

Shah Alloys  (BOM:513436) EBIT Explanation

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

Shah Alloys'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 )
=-29.6 * ( 1 - 0% )/( (0 + 2520.6)/ 1 )
=-29.6/2520.6
=-1.17 %

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))
=2076.1 - 12.7 - ( 232 - max(0, 897.9 - 440.7+232))
=2520.6

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

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

Shah Alloys'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 )
=-245.2/( ( (0 + max(0, 0)) + (505 + max(-96.1, 0)) )/ 1 )
=-245.2/( ( 0 + 505 )/ 1 )
=-245.2/505
=-48.55 %

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)
=(10.8 + 193.5 + 4.4) - (12.7 + 0 + 292.1)
=-96.1

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:

Shah Alloys's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=664.7/1823.719
=36.45 %

* 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.

Shah Alloys EBIT Related Terms

Shah Alloys EBIT Historical Data

* Premium members only.

The historical data trend for Shah Alloys'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.

Shah Alloys EBIT Chart

Shah Alloys 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 1,115.45 -19.70 -148.59 -186.40 1,361.80

Shah Alloys 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 -20.70 -20.50 144.10 602.40 -61.30

BOM:513436 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Shah Alloys'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.

Shah Alloys EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Shah Alloys's EV-to-EBIT distribution charts can be found below:

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


BOM:513436
53GF Score
Shah Alloys Ltd BOM:513436
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shah Alloys 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 ₹664.7 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 EBIT →
What does a EBIT of ₹664.7 Mil mean?
Shah Alloys (BOM:513436) has a EBIT of ₹664.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shah Alloys.
Is Shah Alloys' EBIT too high?
Shah Alloys' current EBIT is ₹664.7 Mil. Overall, Shah Alloys has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Alloys' EBIT compare to NUE and STLD?
Shah Alloys' EBIT of ₹664.7 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Shah Alloys. Shah Alloys's current EBIT is ₹664.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Alloys stock overvalued right now?
Based on GuruFocus' analysis, Shah Alloys (BOM:513436) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.92, compared to a current price of ₹72.02 — trading 1363.8% above its estimated fair value. The current EBIT is ₹664.7 Mil. Shah Alloys' overall GF Score™ is 53/100 with 8 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 Shah Alloys (BOM:513436), the current EBIT is ₹664.7 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 Shah Alloys (BOM:513436) Overvalued in 2026?

Based on GuruFocus' analysis, Shah Alloys stock appears to be overvalued. The current stock price of ₹72.02 is trading 1363.8% above its estimated GF Value™ of ₹4.92. GuruFocus considers Shah Alloys to be Significantly Overvalued.

Key valuation signals for BOM:513436:

  • EBIT: ₹664.7 Mil
  • GF Value™: ₹4.92 vs. price of ₹72.02 (1363.8% above fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the BOM:513436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shah Alloys Business Description

Other Exchanges SHAHALLOYS:India
Address Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in the manufacturing of Stainless steel, alloy special steel, Carbon/mild steel, and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products, which include Bars, Beams, Flat Plate coil, Slab, and Billets.
53GF Score

Get the complete analysis for BOM:513436

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

₹72.02
Price
₹4.92
GF Value