INOX India (BOM:544046) EBIT: ₹3,511 Mil (TTM As of Mar. 2026)


BOM:544046 INOX India Ltd BOM:544046
48 GF Score
Price ₹1,908.90
! 9 Warning Signs
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What is INOX India EBIT?

INOX India BOM:544046 -2.64% 48 EBIT is ₹3,511 Mil as of Mar. 2026. GuruFocus rates BOM:544046 with a GF Score™ of 48/100. The stock has 9 warning signs investors should review.

INOX India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1,034 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,511 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INOX India's annualized ROC % for the quarter that ended in Mar. 2026 was 17.05%. INOX India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 87.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INOX India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.06%.

INOX India  (BOM:544046) EBIT Explanation

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

INOX 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 )
=3425.448 * ( 1 - 24.7% )/( (0 + 15129.377)/ 1 )
=2579.362344/15129.377
=17.05 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=20158.525 - 1891.565 - ( 3137.583 - max(0, 8748.168 - 15546.089+3137.583))
=15129.377

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

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

INOX 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 )
=4137.252/( ( (0 + max(0, 0)) + (4273.888 + max(453.245, 0)) )/ 1 )
=4137.252/( ( 0 + 4727.133 )/ 1 )
=4137.252/4727.133
=87.52 %

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)
=(3128.637 + 4781.82 + 569.759) - (1891.565 + 0 + 6135.406)
=453.245

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3511.379/170577.289
=2.06 %

* 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.

INOX India EBIT Related Terms

INOX India EBIT Historical Data

* Premium members only.

The historical data trend for INOX 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.

INOX India EBIT Chart

INOX India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 1,755.18 2,084.74 2,611.04 3,034.33 3,491.72

INOX India Quarterly Data
Mar21 Mar22 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 876.57 812.37 831.91 832.79 1,034.31

BOM:544046 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, INOX 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.

INOX India EV-to-EBIT vs Industrial Products Industry

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

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


BOM:544046
48GF Score
INOX India Ltd BOM:544046
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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INOX 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 ₹3,511 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 ₹3,511 Mil mean?
INOX India (BOM:544046) has a EBIT of ₹3,511 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on INOX India.
Is INOX India's EBIT too high?
INOX India's current EBIT is ₹3,511 Mil. Overall, INOX India has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does INOX India's EBIT compare to GEV and ETN?
INOX India's EBIT of ₹3,511 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 INOX India. INOX India's current EBIT is ₹3,511 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
INOX India (BOM:544046) has a current EBIT of ₹3,511 Mil. The current EBIT is ₹3,511 Mil. INOX India's overall GF Score™ is 48/100 with 9 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 INOX India (BOM:544046), the current EBIT is ₹3,511 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.

INOX India Business Description

Other Exchanges INOXINDIA:India
Address Race Course, 9th Floor, K P Platina, Vadodara, GJ, IND, 390007
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
48GF Score

Get the complete analysis for BOM:544046

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

₹1,908.90
Price