Oval Projects Engineering (BOM:544498) EBIT: ₹293 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544498 Oval Projects Engineering Ltd BOM:544498
19 GF Score
Price ₹54.00
! 4 Warning Signs
View Full Analysis

What is Oval Projects Engineering EBIT?

Oval Projects Engineering BOM:544498 19 EBIT is ₹293 Mil as of Mar. 2026. GuruFocus rates BOM:544498 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

Oval Projects Engineering's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹160 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹293 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oval Projects Engineering's annualized ROC % for the quarter that ended in Mar. 2026 was 11.03%. Oval Projects Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oval Projects Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.24%.

Oval Projects Engineering  (BOM:544498) EBIT Explanation

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

Oval Projects Engineering'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 )
=251.146 * ( 1 - 31.35% )/( (1344.809 + 1780.056)/ 2 )
=172.411729/1562.4325
=11.03 %

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))
=2006.706 - 184.646 - ( 477.251 - max(0, 863.006 - 1585.996+477.251))
=1344.809

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))
=2170.882 - 129.467 - ( 261.359 - max(0, 839.7 - 1685.9+261.359))
=1780.056

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:

Oval Projects Engineering'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 )
=319.912/( ( (110.072 + max(587.168, 0)) + (167.129 + max(803.734, 0)) )/ 2 )
=319.912/( ( 697.24 + 970.863 )/ 2 )
=319.912/834.0515
=38.36 %

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)
=(351.452 + 478.903 + 48.409) - (184.646 + 0 + 106.95)
=587.168

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(371.556 + 650.799 + 6.7670000000003) - (129.467 + 0 + 95.921)
=803.734

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:

Oval Projects Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=293.112/1607.294
=18.24 %

* 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.

Oval Projects Engineering EBIT Related Terms

Oval Projects Engineering EBIT Historical Data

* Premium members only.

The historical data trend for Oval Projects Engineering'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.

Oval Projects Engineering EBIT Chart

Oval Projects Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
68.37 96.67 188.32 293.11

Oval Projects Engineering Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
EBIT 0.00 0.00 0.00 133.16 159.96

BOM:544498 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Oval Projects Engineering'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.

Oval Projects Engineering EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Oval Projects Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Oval Projects Engineering's EV-to-EBIT falls into.


BOM:544498
19GF Score
Oval Projects Engineering Ltd BOM:544498
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oval Projects Engineering 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 ₹293 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 ₹293 Mil mean?
Oval Projects Engineering (BOM:544498) has a EBIT of ₹293 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Oval Projects Engineering.
Is Oval Projects Engineering's EBIT too high?
Oval Projects Engineering's current EBIT is ₹293 Mil. Overall, Oval Projects Engineering has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Oval Projects Engineering's EBIT compare to PWR and FIX?
Oval Projects Engineering's EBIT of ₹293 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Oval Projects Engineering. Oval Projects Engineering's current EBIT is ₹293 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oval Projects Engineering stock overvalued right now?
Oval Projects Engineering (BOM:544498) has a current EBIT of ₹293 Mil. The current EBIT is ₹293 Mil. Oval Projects Engineering's overall GF Score™ is 19/100 with 4 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 Oval Projects Engineering (BOM:544498), the current EBIT is ₹293 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.

Oval Projects Engineering Business Description

Address Milan Chakra, Near Prajapita Brahmakumari Center, House No. 451568, P.O. A.D. Nagar, Badharghat, West Tripura, Agartala, TR, IND, 799003
Oval Projects Engineering Ltd is principally engaged in the execution of Works Contracts, EPC Contracts, Maintenance & other Ancillary services in the Oil & Gas sector. It specializes in delivering turnkey solutions across the Oil & Gas, Urban Development, and Power sectors. It provides a comprehensive range of services, including: Pipeline Engineering & Construction, Turnkey Project Solutions, Infrastructure Development & Maintenance, and RTP, CGD, PNG, & CNG Works. The company derives revenue from the provision of its services, which comprise Works Contract, Canteen Services, Management Services, Skills Development and many more activities.
19GF Score

Get the complete analysis for BOM:544498

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

₹54.00
Price