Jigar Cables (BOM:540651) EBIT: ₹28.3 Mil (TTM As of Mar. 2026)

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BOM:540651 Jigar Cables Ltd BOM:540651
83 GF Score
Price ₹71.95
GF Value ₹64.34
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Jigar Cables EBIT?

Jigar Cables BOM:540651 83 EBIT is ₹28.3 Mil as of Mar. 2026. GuruFocus rates BOM:540651 with a GF Score™ of 83/100 and a GF Value™ of ₹64.34 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Jigar Cables's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹18.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹28.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jigar Cables's annualized ROC % for the quarter that ended in Mar. 2026 was 7.13%. Jigar Cables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jigar Cables's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.76%.

Jigar Cables  (BOM:540651) EBIT Explanation

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

Jigar Cables'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=33.782 * ( 1 - 25.09% )/( (290.18 + 419.504)/ 2 )
=25.3060962/354.842
=7.13 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=320.52 - 8.509 - ( 21.831 - max(0, 28.765 - 209.246+21.831))
=290.18

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))
=455.585 - 20.795 - ( 15.286 - max(0, 90.674 - 259.046+15.286))
=419.504

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Jigar Cables'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.38/( ( (108.879 + max(124.793, 0)) + (191.494 + max(163.705, 0)) )/ 2 )
=37.38/( ( 233.672 + 355.199 )/ 2 )
=37.38/294.4355
=12.70 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.621 + 147.733 + 0.20400000000001) - (8.509 + 0 + 20.256)
=124.793

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.21 + 161.963 + 2.884) - (20.795 + 0 + 11.557)
=163.705

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Jigar Cables's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=28.324/752.393
=3.76 %

* 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.

Jigar Cables EBIT Related Terms

Jigar Cables EBIT Historical Data

* Premium members only.

The historical data trend for Jigar Cables'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.

Jigar Cables EBIT Chart

Jigar Cables 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 8.14 17.89 15.11 40.09 28.32

Jigar Cables Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.12 20.95 19.14 9.63 18.69

BOM:540651 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Jigar Cables'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.

Jigar Cables EV-to-EBIT vs Industrial Products Industry

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

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


BOM:540651
83GF Score
Jigar Cables Ltd BOM:540651
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jigar Cables 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 semi-annually data reported by the company within the most recent 12 months, which was ₹28.3 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 ₹28.3 Mil mean?
Jigar Cables (BOM:540651) has a EBIT of ₹28.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Jigar Cables.
Is Jigar Cables' EBIT too high?
Jigar Cables' current EBIT is ₹28.3 Mil. Overall, Jigar Cables has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' EBIT compare to VRT and BE?
Jigar Cables' EBIT of ₹28.3 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 Jigar Cables. Jigar Cables's current EBIT is ₹28.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹64.34, compared to a current price of ₹71.95 — trading 11.8% above its estimated fair value. The current EBIT is ₹28.3 Mil. Jigar Cables' overall GF Score™ is 83/100 with 8 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 Jigar Cables (BOM:540651), the current EBIT is ₹28.3 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 Jigar Cables (BOM:540651) Overvalued in 2026?

Based on GuruFocus' analysis, Jigar Cables stock appears to be overvalued. The current stock price of ₹71.95 is trading 11.8% above its estimated GF Value™ of ₹64.34. GuruFocus considers Jigar Cables to be Modestly Overvalued.

Key valuation signals for BOM:540651:

  • EBIT: ₹28.3 Mil
  • GF Value™: ₹64.34 vs. price of ₹71.95 (11.8% above fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jigar Cables Business Description

Address Plot No. 164/14 and 15, G.I.D.C.- 2, Jamwadi, District Rajkot, Gondal, GJ, IND, 360311
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
83GF Score

Get the complete analysis for BOM:540651

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

₹71.95
Price
₹64.34
GF Value