Indian Toners & Developers (BOM:523586) EBIT: ₹349 Mil (TTM As of Mar. 2026)


BOM:523586 Indian Toners & Developers Ltd BOM:523586
80 GF Score
Price ₹295.60
GF Value ₹301.16
Valuation Fairly Valued
! 1 Warning Sign
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What is Indian Toners & Developers EBIT?

Indian Toners & Developers BOM:523586 -0.39% 80 EBIT is ₹349 Mil as of Mar. 2026. GuruFocus rates BOM:523586 with a GF Score™ of 80/100 and a GF Value™ of ₹301.16 (Fairly Valued). The stock has 1 warning sign investors should review.

Indian Toners & Developers's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹102 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹349 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indian Toners & Developers's annualized ROC % for the quarter that ended in Mar. 2026 was 18.92%. Indian Toners & Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indian Toners & Developers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.42%.


Indian Toners & Developers  (BOM:523586) EBIT Explanation

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

Indian Toners & Developers'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 )
=355.36 * ( 1 - 25.26% )/( (0 + 1403.896)/ 1 )
=265.596064/1403.896
=18.92 %

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))
=2610.652 - 131.658 - ( 1075.098 - max(0, 159.405 - 1650.592+1075.098))
=1403.896

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

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

Indian Toners & Developers'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 )
=409.464/( ( (0 + max(0, 0)) + (892.773 + max(410.017, 0)) )/ 1 )
=409.464/( ( 0 + 1302.79 )/ 1 )
=409.464/1302.79
=31.43 %

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)
=(271.922 + 198.883 + 98.617) - (131.658 + 0 + 27.747)
=410.017

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:

Indian Toners & Developers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=348.783/2002.646
=17.42 %

* 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.


Indian Toners & Developers EBIT Related Terms


Indian Toners & Developers EBIT Historical Data

* Premium members only.

The historical data trend for Indian Toners & Developers'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.

Indian Toners & Developers EBIT Chart

Indian Toners & Developers 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 236.24 343.64 342.91 337.19 348.78

Indian Toners & Developers 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 90.84 89.10 71.84 85.48 102.37

BOM:523586 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Indian Toners & Developers'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.


Indian Toners & Developers EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indian Toners & Developers's EV-to-EBIT falls into.


BOM:523586
80GF Score
Indian Toners & Developers Ltd BOM:523586
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Toners & Developers 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 ₹349 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 ₹349 Mil mean?
Indian Toners & Developers (BOM:523586) has a EBIT of ₹349 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indian Toners & Developers.
Is Indian Toners & Developers' EBIT too high?
Indian Toners & Developers' current EBIT is ₹349 Mil. Overall, Indian Toners & Developers has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' EBIT compare to LIN and SHW?
Indian Toners & Developers' EBIT of ₹349 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Indian Toners & Developers. Indian Toners & Developers's current EBIT is ₹349 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.16, compared to a current price of ₹295.60 — trading 1.8% below its estimated fair value. The current EBIT is ₹349 Mil. Indian Toners & Developers' overall GF Score™ is 80/100 with 1 warning sign 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 Indian Toners & Developers (BOM:523586), the current EBIT is ₹349 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued. The current stock price of ₹295.60 is trading 1.8% below its estimated GF Value™ of ₹301.16. GuruFocus considers Indian Toners & Developers to be Fairly Valued.

Key valuation signals for BOM:523586:

  • EBIT: ₹349 Mil
  • GF Value™: ₹301.16 vs. price of ₹295.60 (1.8% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Toners & Developers Business Description

Address 1223, DLF Tower - B, Jasola, New Delhi, IND, 110 025
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
80GF Score

Get the complete analysis for BOM:523586

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

₹295.60
Price
₹301.16
GF Value