GRE Renew Enertech (BOM:544682) EBIT: ₹185 Mil (TTM As of Mar. 2026)

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹170.20
! 4 Warning Signs
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What is GRE Renew Enertech EBIT?

GRE Renew Enertech BOM:544682 -4.19% 21 EBIT is ₹185 Mil as of Mar. 2026. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

GRE Renew Enertech's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹128 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹185 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GRE Renew Enertech's annualized ROC % for the quarter that ended in Mar. 2026 was 30.46%. GRE Renew Enertech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 107.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GRE Renew Enertech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.61%.

GRE Renew Enertech  (BOM:544682) EBIT Explanation

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

GRE Renew Enertech'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 )
=202.668 * ( 1 - 24.59% )/( (348.256 + 655.377)/ 2 )
=152.8319388/501.8165
=30.46 %

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))
=427.744 - 25.776 - ( 53.712 - max(0, 56.169 - 268.284+53.712))
=348.256

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))
=1060.858 - 97.623 - ( 307.858 - max(0, 238.505 - 761.771+307.858))
=655.377

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:

GRE Renew Enertech'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 )
=256.448/( ( (152.371 + max(75.03, 0)) + (248.373 + max(-11.398, 0)) )/ 2 )
=256.448/( ( 227.401 + 248.373 )/ 2 )
=256.448/237.887
=107.80 %

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)
=(86.458 + 23.589 + 17.11) - (25.776 + 0 + 26.351)
=75.03

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.986 + 115.296 + 8.039) - (97.623 + 0 + 135.096)
=-11.398

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:

GRE Renew Enertech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=184.504/2141.994
=8.61 %

* 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.

GRE Renew Enertech EBIT Related Terms

GRE Renew Enertech EBIT Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech EBIT Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
18.08 129.98 97.85 182.90

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
EBIT 0.00 0.00 50.42 56.28 128.22

BOM:544682 vs FSLR, NXT, ENPH: EBIT Comparison

For the Solar subindustry, GRE Renew Enertech'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.

GRE Renew Enertech EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GRE Renew Enertech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GRE Renew Enertech's EV-to-EBIT falls into.


BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech 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 ₹185 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 ₹185 Mil mean?
GRE Renew Enertech (BOM:544682) has a EBIT of ₹185 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GRE Renew Enertech.
Is GRE Renew Enertech's EBIT too high?
GRE Renew Enertech's current EBIT is ₹185 Mil. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's EBIT compare to FSLR and NXT?
GRE Renew Enertech's EBIT of ₹185 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 GRE Renew Enertech. GRE Renew Enertech's current EBIT is ₹185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current EBIT of ₹185 Mil. The current EBIT is ₹185 Mil. GRE Renew Enertech's overall GF Score™ is 21/100 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 GRE Renew Enertech (BOM:544682), the current EBIT is ₹185 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score

Get the complete analysis for BOM:544682

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

₹170.20
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