Shivagrico Implements (BOM:522237) EBIT: ₹17.2 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:522237 Shivagrico Implements Ltd BOM:522237
65 GF Score
Price ₹26.99
GF Value ₹28.98
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Shivagrico Implements EBIT?

Shivagrico Implements BOM:522237 +9.14% 65 EBIT is ₹17.2 Mil as of Mar. 2026. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review.

Shivagrico Implements's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹4.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shivagrico Implements's annualized ROC % for the quarter that ended in Mar. 2026 was 4.01%. Shivagrico Implements's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shivagrico Implements's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.55%.


Shivagrico Implements  (BOM:522237) EBIT Explanation

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

Shivagrico Implements'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 )
=18.172 * ( 1 - 39.28% )/( (0 + 274.9)/ 1 )
=11.0340384/274.9
=4.01 %

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:

Shivagrico Implements'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 )
=18.172/( ( (0 + max(0, 0)) + (107.024 + max(160.677, 0)) )/ 1 )
=18.172/( ( 0 + 267.701 )/ 1 )
=18.172/267.701
=6.79 %

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)
=(28.965 + 135.697 + 7.533) - (5.763 + 0 + 5.755)
=160.677

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:

Shivagrico Implements's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=17.164/309.371
=5.55 %

* 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.


Shivagrico Implements EBIT Related Terms


Shivagrico Implements EBIT Historical Data

* Premium members only.

The historical data trend for Shivagrico Implements'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.

Shivagrico Implements EBIT Chart

Shivagrico Implements 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 19.45 11.42 12.31 16.16 17.16

Shivagrico Implements 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 5.08 3.34 4.61 4.67 4.54

BOM:522237 vs SNA, RBC, LECO: EBIT Comparison

For the Tools & Accessories subindustry, Shivagrico Implements'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.


Shivagrico Implements EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivagrico Implements's EV-to-EBIT distribution charts can be found below:

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


BOM:522237
65GF Score
Shivagrico Implements Ltd BOM:522237
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shivagrico Implements 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 ₹17.2 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 ₹17.2 Mil mean?
Shivagrico Implements (BOM:522237) has a EBIT of ₹17.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shivagrico Implements.
Is Shivagrico Implements' EBIT too high?
Shivagrico Implements' current EBIT is ₹17.2 Mil. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' EBIT compare to SNA and RBC?
Shivagrico Implements' EBIT of ₹17.2 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Shivagrico Implements. Shivagrico Implements's current EBIT is ₹17.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current EBIT is ₹17.2 Mil. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current EBIT is ₹17.2 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98. GuruFocus considers Shivagrico Implements to be Fairly Valued.

Key valuation signals for BOM:522237:

  • EBIT: ₹17.2 Mil
  • GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score

Get the complete analysis for BOM:522237

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

₹26.99
Price
₹28.98
GF Value