Steel Exchange India (BOM:534748) EBIT: ₹1,097 Mil (TTM As of Mar. 2026)


BOM:534748 Steel Exchange India Ltd BOM:534748
60 GF Score
Price ₹12.40
GF Value ₹8.36
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Steel Exchange India EBIT?

Steel Exchange India BOM:534748 -1.74% 60 EBIT is ₹1,097 Mil as of Mar. 2026. GuruFocus rates BOM:534748 with a GF Score™ of 60/100 and a GF Value™ of ₹8.36 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Steel Exchange India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹432 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,097 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Steel Exchange India's annualized ROC % for the quarter that ended in Mar. 2026 was 6.96%. Steel Exchange India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Steel Exchange India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.72%.


Steel Exchange India  (BOM:534748) EBIT Explanation

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

Steel Exchange India'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 )
=1713.536 * ( 1 - 51.72% )/( (0 + 11880.562)/ 1 )
=827.2951808/11880.562
=6.96 %

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))
=13749.136 - 1067.156 - ( 801.418 - max(0, 3163.976 - 7144.507+801.418))
=11880.562

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

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

Steel Exchange India'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 )
=1728.396/( ( (0 + max(0, 0)) + (5961.934 + max(4674.727, 0)) )/ 1 )
=1728.396/( ( 0 + 10636.661 )/ 1 )
=1728.396/10636.661
=16.25 %

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)
=(2214.169 + 3956.568 + 172.352) - (1067.156 + 0 + 601.206)
=4674.727

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:

Steel Exchange India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1097.09/19190.381
=5.72 %

* 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.


Steel Exchange India EBIT Related Terms


Steel Exchange India EBIT Historical Data

* Premium members only.

The historical data trend for Steel Exchange India'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.

Steel Exchange India EBIT Chart

Steel Exchange India 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 1,020.03 718.12 695.17 1,200.35 1,097.09

Steel Exchange India 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 435.96 291.19 213.90 159.90 432.10

BOM:534748 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Steel Exchange India'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.


Steel Exchange India EV-to-EBIT vs Steel Industry

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

* The bar in red indicates where Steel Exchange India's EV-to-EBIT falls into.


BOM:534748
60GF Score
Steel Exchange India Ltd BOM:534748
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Exchange India 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 ₹1,097 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 ₹1,097 Mil mean?
Steel Exchange India (BOM:534748) has a EBIT of ₹1,097 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Steel Exchange India.
Is Steel Exchange India's EBIT too high?
Steel Exchange India's current EBIT is ₹1,097 Mil. Overall, Steel Exchange India has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's EBIT compare to NUE and STLD?
Steel Exchange India's EBIT of ₹1,097 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 Steel Exchange India. Steel Exchange India's current EBIT is ₹1,097 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.36, compared to a current price of ₹12.40 — trading 48.3% above its estimated fair value. The current EBIT is ₹1,097 Mil. Steel Exchange India's overall GF Score™ is 60/100 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 Steel Exchange India (BOM:534748), the current EBIT is ₹1,097 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 Steel Exchange India (BOM:534748) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued. The current stock price of ₹12.40 is trading 48.3% above its estimated GF Value™ of ₹8.36. GuruFocus considers Steel Exchange India to be Significantly Overvalued.

Key valuation signals for BOM:534748:

  • EBIT: ₹1,097 Mil
  • GF Value™: ₹8.36 vs. price of ₹12.40 (48.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Exchange India Business Description

Other Exchanges STEELXIND:India
Address Block A, Green City Towers, Near Apparel Export Park, Green City, Vadlapudi Post, Visakhapatnam, AP, IND, 530049
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
60GF Score

Get the complete analysis for BOM:534748

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

₹12.40
Price
₹8.36
GF Value