Shine Fashions (India) (BOM:543244) EBIT: ₹46 Mil (TTM As of Mar. 2026)


BOM:543244 Shine Fashions (India) Ltd BOM:543244
79 GF Score
Price ₹19.57
GF Value ₹56.09
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shine Fashions (India) EBIT?

Shine Fashions (India) BOM:543244 -5.00% 79 EBIT is ₹46 Mil as of Mar. 2026. GuruFocus rates BOM:543244 with a GF Score™ of 79/100 and a GF Value™ of ₹56.09 (Possible Value Trap). The stock has 7 warning signs investors should review.

Shine Fashions (India)'s earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹-24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shine Fashions (India)'s annualized ROC % for the quarter that ended in Mar. 2026 was 16.87%. Shine Fashions (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -12.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shine Fashions (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.11%.

Shine Fashions (India)  (BOM:543244) EBIT Explanation

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

Shine Fashions (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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=96.538 * ( 1 - 22.38% )/( (353.583 + 534.511)/ 2 )
=74.9327956/444.047
=16.87 %

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))
=687.162 - 263.834 - ( 69.745 - max(0, 386.396 - 684.876+69.745))
=353.583

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))
=1142.024 - 533.016 - ( 74.497 - max(0, 823.813 - 1139.818+74.497))
=534.511

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:

Shine Fashions (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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-47.348/( ( (2.086 + max(308.735, 0)) + (2.099 + max(441.736, 0)) )/ 2 )
=-47.348/( ( 310.821 + 443.835 )/ 2 )
=-47.348/377.328
=-12.55 %

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)
=(381.217 + 217.701 + 16.213) - (263.834 + 0 + 42.562)
=308.735

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(485.571 + 285.643 + 294.107) - (533.016 + 0 + 90.569)
=441.736

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=46.396/652.995
=7.11 %

* 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.

Shine Fashions (India) EBIT Related Terms

Shine Fashions (India) EBIT Historical Data

* Premium members only.

The historical data trend for Shine Fashions (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.

Shine Fashions (India) EBIT Chart

Shine Fashions (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 6.03 13.68 53.00 93.80 46.40

Shine Fashions (India) Semi-Annual Data
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 32.14 44.10 49.71 70.07 -23.67

Shine Fashions (India) EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Shine Fashions (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.

Shine Fashions (India) EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shine Fashions (India)'s EV-to-EBIT falls into.


BOM:543244
79GF Score
Shine Fashions (India) Ltd BOM:543244
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shine Fashions (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 semi-annually data reported by the company within the most recent 12 months, which was ₹46 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 ₹46 Mil mean?
Shine Fashions (India) (BOM:543244) has a EBIT of ₹46 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shine Fashions (India).
Is Shine Fashions (India)'s EBIT too high?
Shine Fashions (India)'s current EBIT is ₹46 Mil. Overall, Shine Fashions (India) has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s EBIT compare to competitors?
Shine Fashions (India)'s EBIT of ₹46 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Shine Fashions (India). Shine Fashions (India)'s current EBIT is ₹46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.09, compared to a current price of ₹19.57 — trading 65.1% below its estimated fair value. The current EBIT is ₹46 Mil. Shine Fashions (India)'s overall GF Score™ is 79/100 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 Shine Fashions (India) (BOM:543244), the current EBIT is ₹46 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued. The current stock price of ₹19.57 is trading 65.1% below its estimated GF Value™ of ₹56.09. GuruFocus considers Shine Fashions (India) to be Possible Value Trap.

Key valuation signals for BOM:543244:

  • EBIT: ₹46 Mil
  • GF Value™: ₹56.09 vs. price of ₹19.57 (65.1% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shine Fashions (India) Business Description

Address L.B.S.Road,Opposite Veena Nagar, 912, 9th Floor, Runwal R Square, Mulund west, Mumbai, MH, IND, 400 080
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
79GF Score

Get the complete analysis for BOM:543244

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

₹19.57
Price
₹56.09
GF Value