Maiden Forgings (BOM:543874) EBIT: ₹137 Mil (TTM As of Mar. 2026)

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BOM:543874 Maiden Forgings Ltd BOM:543874
73 GF Score
Price ₹104.71
GF Value ₹90.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Maiden Forgings EBIT?

Maiden Forgings BOM:543874 -0.09% 73 EBIT is ₹137 Mil as of Mar. 2026. GuruFocus rates BOM:543874 with a GF Score™ of 73/100 and a GF Value™ of ₹90.96 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Maiden Forgings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maiden Forgings's annualized ROC % for the quarter that ended in Mar. 2026 was 7.72%. Maiden Forgings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maiden Forgings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.77%.

Maiden Forgings  (BOM:543874) EBIT Explanation

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

Maiden Forgings'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 )
=162.686 * ( 1 - 34.12% )/( (1307.512 + 1467.581)/ 2 )
=107.1775368/1387.5465
=7.72 %

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))
=1677.422 - 146.864 - ( 223.046 - max(0, 646.029 - 1292.161+223.046))
=1307.512

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))
=1807.14 - 184.311 - ( 155.248 - max(0, 819.068 - 1384.188+155.248))
=1467.581

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:

Maiden Forgings'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 )
=171.254/( ( (330.271 + max(870.006, 0)) + (378.837 + max(932.032, 0)) )/ 2 )
=171.254/( ( 1200.277 + 1310.869 )/ 2 )
=171.254/1255.573
=13.64 %

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)
=(309.614 + 756.747 + 2.7540000000001) - (146.864 + 0 + 52.245)
=870.006

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(394.218 + 831.23 + 3.492) - (184.311 + 0 + 112.597)
=932.032

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:

Maiden Forgings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=137.226/2026.038
=6.77 %

* 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.

Maiden Forgings EBIT Related Terms

Maiden Forgings EBIT Historical Data

* Premium members only.

The historical data trend for Maiden Forgings'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.

Maiden Forgings EBIT Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 89.72 187.87 196.26 158.59 137.23

Maiden Forgings Semi-Annual Data
Mar20 Mar21 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 104.27 87.28 71.31 51.60 85.63

BOM:543874 vs CRS, ATI, MLI: EBIT Comparison

For the Metal Fabrication subindustry, Maiden Forgings'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.

Maiden Forgings EV-to-EBIT vs Industrial Products Industry

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

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


BOM:543874
73GF Score
Maiden Forgings Ltd BOM:543874
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maiden Forgings 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 ₹137 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 ₹137 Mil mean?
Maiden Forgings (BOM:543874) has a EBIT of ₹137 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Maiden Forgings.
Is Maiden Forgings' EBIT too high?
Maiden Forgings' current EBIT is ₹137 Mil. Overall, Maiden Forgings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maiden Forgings' EBIT compare to CRS and ATI?
Maiden Forgings' EBIT of ₹137 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 Maiden Forgings. Maiden Forgings's current EBIT is ₹137 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maiden Forgings stock overvalued right now?
Based on GuruFocus' analysis, Maiden Forgings (BOM:543874) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹90.96, compared to a current price of ₹104.71 — trading 15.1% above its estimated fair value. The current EBIT is ₹137 Mil. Maiden Forgings' overall GF Score™ is 73/100 with 6 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 Maiden Forgings (BOM:543874), the current EBIT is ₹137 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 Maiden Forgings (BOM:543874) Overvalued in 2026?

Based on GuruFocus' analysis, Maiden Forgings stock appears to be overvalued. The current stock price of ₹104.71 is trading 15.1% above its estimated GF Value™ of ₹90.96. GuruFocus considers Maiden Forgings to be Modestly Overvalued.

Key valuation signals for BOM:543874:

  • EBIT: ₹137 Mil
  • GF Value™: ₹90.96 vs. price of ₹104.71 (15.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BOM:543874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maiden Forgings Business Description

Address Kavi Nagar Industrial Area, E 201, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products, including steel bright bars, wires, profiles, ground bars, and nails (collated and loose).
73GF Score

Get the complete analysis for BOM:543874

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

₹104.71
Price
₹90.96
GF Value