Hemang Resources (BOM:531178) EBIT: ₹-5.42 Mil (TTM As of Mar. 2026)


BOM:531178 Hemang Resources Ltd BOM:531178
59 GF Score
Price ₹12.89
GF Value ₹14.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hemang Resources EBIT?

Hemang Resources BOM:531178 +4.37% 59 EBIT is ₹-5.42 Mil as of Mar. 2026. GuruFocus rates BOM:531178 with a GF Score™ of 59/100 and a GF Value™ of ₹14.53 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Hemang Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-6.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-5.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hemang Resources's annualized ROC % for the quarter that ended in Mar. 2026 was -7.20%. Hemang Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hemang Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.04%.


Hemang Resources  (BOM:531178) EBIT Explanation

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

Hemang Resources'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 )
=-26.744 * ( 1 - 16.67% )/( (352.964 + 266.258)/ 2 )
=-22.2857752/309.611
=-7.20 %

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:

Hemang Resources'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 )
=-27.02/( ( (0.131 + max(283.421, 0)) + (0.12 + max(178.257, 0)) )/ 2 )
=-27.02/( ( 283.552 + 178.377 )/ 2 )
=-27.02/230.9645
=-11.70 %

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)
=(269.639 + 163.37 + 48.959) - (196.268 + 0 + 2.279)
=283.421

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(255.867 + 99.397 + 39.844) - (196.251 + 0 + 20.6)
=178.257

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:

Hemang Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-5.416/178.054
=-3.04 %

* 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.


Hemang Resources EBIT Related Terms


Hemang Resources EBIT Historical Data

* Premium members only.

The historical data trend for Hemang Resources'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.

Hemang Resources EBIT Chart

Hemang Resources 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 284.36 109.70 -153.70 8.60 -5.42

Hemang Resources 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 10.91 5.36 -2.18 -1.84 -6.76

BOM:531178 vs CNR: EBIT Comparison

For the Thermal Coal subindustry, Hemang Resources'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.


Hemang Resources EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hemang Resources's EV-to-EBIT distribution charts can be found below:

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


BOM:531178
59GF Score
Hemang Resources Ltd BOM:531178
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hemang Resources 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 ₹-5.42 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 ₹-5.42 Mil mean?
Hemang Resources (BOM:531178) has a EBIT of ₹-5.42 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hemang Resources.
Is Hemang Resources' EBIT too high?
Hemang Resources' current EBIT is ₹-5.42 Mil. Overall, Hemang Resources has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' EBIT compare to CNR?
Hemang Resources' EBIT of ₹-5.42 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good EBIT depends on the Other Energy Sources 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 Hemang Resources. Hemang Resources's current EBIT is ₹-5.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹14.53, compared to a current price of ₹12.89 — trading 11.3% below its estimated fair value. The current EBIT is ₹-5.42 Mil. Hemang Resources' overall GF Score™ is 59/100 with 3 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 Hemang Resources (BOM:531178), the current EBIT is ₹-5.42 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 Hemang Resources (BOM:531178) Overvalued in 2026?

Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued. The current stock price of ₹12.89 is trading 11.3% below its estimated GF Value™ of ₹14.53. GuruFocus considers Hemang Resources to be Modestly Undervalued.

Key valuation signals for BOM:531178:

  • EBIT: ₹-5.42 Mil
  • GF Value™: ₹14.53 vs. price of ₹12.89 (11.3% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hemang Resources Business Description

Address Navratan Bagh, Main Road, BCC House, 8/5, Manoramaganj, Indore, MP, IND, 452 001
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
59GF Score

Get the complete analysis for BOM:531178

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

₹12.89
Price
₹14.53
GF Value