NTC Industries (BOM:526723) EBIT: ₹321.2 Mil (TTM As of Mar. 2026)

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BOM:526723 NTC Industries Ltd BOM:526723
70 GF Score
Price ₹147.15
GF Value ₹256.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is NTC Industries EBIT?

NTC Industries BOM:526723 -0.61% 70 EBIT is ₹321.2 Mil as of Mar. 2026. GuruFocus rates BOM:526723 with a GF Score™ of 70/100 and a GF Value™ of ₹256.97 (Possible Value Trap). The stock has 7 warning signs investors should review.

NTC Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹89.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹321.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NTC Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 6.60%. NTC Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 222.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NTC Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.16%.


NTC Industries  (BOM:526723) EBIT Explanation

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

NTC Industries'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 )
=261.844 * ( 1 - 23.13% )/( (0 + 3050.157)/ 1 )
=201.2794828/3050.157
=6.60 %

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))
=3199.921 - 124.336 - ( 25.428 - max(0, 301.228 - 1002.493+25.428))
=3050.157

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

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

NTC Industries'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 )
=357.272/( ( (0 + max(0, 0)) + (102.689 + max(57.643, 0)) )/ 1 )
=357.272/( ( 0 + 160.332 )/ 1 )
=357.272/160.332
=222.83 %

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)
=(107.96 + 105.105 + 76.477) - (124.336 + 0 + 107.563)
=57.643

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:

NTC Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=321.194/2877.647
=11.16 %

* 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.


NTC Industries EBIT Related Terms


NTC Industries EBIT Historical Data

* Premium members only.

The historical data trend for NTC Industries'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.

NTC Industries EBIT Chart

NTC Industries 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 117.93 91.02 71.76 202.36 321.19

NTC Industries 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 90.59 93.24 70.92 67.71 89.32

BOM:526723 vs PM, MO, TPB: EBIT Comparison

For the Tobacco subindustry, NTC Industries'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.


NTC Industries EV-to-EBIT vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, NTC Industries's EV-to-EBIT distribution charts can be found below:

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


BOM:526723
70GF Score
NTC Industries Ltd BOM:526723
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NTC Industries 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 ₹321.2 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 ₹321.2 Mil mean?
NTC Industries (BOM:526723) has a EBIT of ₹321.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NTC Industries.
Is NTC Industries' EBIT too high?
NTC Industries' current EBIT is ₹321.2 Mil. Overall, NTC Industries has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NTC Industries' EBIT compare to PM and MO?
NTC Industries' EBIT of ₹321.2 Mil can be compared against companies in the Tobacco 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 a Tobacco Products company?
A good EBIT depends on the Tobacco 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 NTC Industries. NTC Industries's current EBIT is ₹321.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTC Industries stock overvalued right now?
Based on GuruFocus' analysis, NTC Industries (BOM:526723) is currently considered Possible Value Trap. The stock's GF Value™ is ₹256.97, compared to a current price of ₹147.15 — trading 42.7% below its estimated fair value. The current EBIT is ₹321.2 Mil. NTC Industries' overall GF Score™ is 70/100 with 7 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 NTC Industries (BOM:526723), the current EBIT is ₹321.2 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 NTC Industries (BOM:526723) Overvalued in 2026?

Based on GuruFocus' analysis, NTC Industries stock appears to be undervalued. The current stock price of ₹147.15 is trading 42.7% below its estimated GF Value™ of ₹256.97. GuruFocus considers NTC Industries to be Possible Value Trap.

Key valuation signals for BOM:526723:

  • EBIT: ₹321.2 Mil
  • GF Value™: ₹256.97 vs. price of ₹147.15 (42.7% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the BOM:526723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTC Industries Business Description

Address 149, B.T. Road, P.O. Kamarhati, Kolkata, WB, IND, 700058
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.
70GF Score

Get the complete analysis for BOM:526723

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

₹147.15
Price
₹256.97
GF Value