Accord Transformer & Switchgear (BOM:544710) EBIT: ₹46.0 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:544710 Accord Transformer & Switchgear Ltd BOM:544710
18 GF Score
Price ₹58.21
! 4 Warning Signs
View Full Analysis

What is Accord Transformer & Switchgear EBIT?

Accord Transformer & Switchgear BOM:544710 -0.77% 18 EBIT is ₹46.0 Mil as of Mar. 2026. GuruFocus rates BOM:544710 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

Accord Transformer & Switchgear's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹46.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹46.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Accord Transformer & Switchgear's annualized ROC % for the quarter that ended in Mar. 2026 was 16.47%. Accord Transformer & Switchgear's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Accord Transformer & Switchgear's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.33%.

Accord Transformer & Switchgear  (BOM:544710) EBIT Explanation

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

Accord Transformer & Switchgear'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=87.206 * ( 1 - 25.64% )/( (360.047 + 427.578)/ 2 )
=64.8463816/393.8125
=16.47 %

where

Invested Capital(Q: Mar. 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))
=598.903 - 226.189 - ( 12.667 - max(0, 372.373 - 526.316+12.667))
=360.047

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))
=836.558 - 185.7 - ( 223.28 - max(0, 338.1 - 752.943+223.28))
=427.578

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:

Accord Transformer & Switchgear'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=92.026/( ( (70.575 + max(251.417, 0)) + (76.99 + max(186.118, 0)) )/ 2 )
=92.026/( ( 321.992 + 263.108 )/ 2 )
=92.026/292.55
=31.46 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(325.217 + 180.805 + 7.6270000000001) - (226.189 + 0 + 36.043)
=251.417

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.148 + 243.487 + 46.983) - (185.7 + 0 + 68.8)
=186.118

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:

Accord Transformer & Switchgear's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=46.013/1062.613
=4.33 %

* 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.

Accord Transformer & Switchgear EBIT Related Terms

Accord Transformer & Switchgear EBIT Historical Data

* Premium members only.

The historical data trend for Accord Transformer & Switchgear'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.

Accord Transformer & Switchgear EBIT Chart

Accord Transformer & Switchgear Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
14.03 25.10 86.54 66.08

Accord Transformer & Switchgear Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
EBIT 0.00 0.00 75.42 46.01

BOM:544710 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Accord Transformer & Switchgear'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.

Accord Transformer & Switchgear EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Accord Transformer & Switchgear's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Accord Transformer & Switchgear's EV-to-EBIT falls into.


BOM:544710
18GF Score
Accord Transformer & Switchgear Ltd BOM:544710
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accord Transformer & Switchgear 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 ₹46.0 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 ₹46.0 Mil mean?
Accord Transformer & Switchgear (BOM:544710) has a EBIT of ₹46.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Accord Transformer & Switchgear.
Is Accord Transformer & Switchgear's EBIT too high?
Accord Transformer & Switchgear's current EBIT is ₹46.0 Mil. Overall, Accord Transformer & Switchgear has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accord Transformer & Switchgear's EBIT compare to VRT and BE?
Accord Transformer & Switchgear's EBIT of ₹46.0 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 Accord Transformer & Switchgear. Accord Transformer & Switchgear's current EBIT is ₹46.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accord Transformer & Switchgear stock overvalued right now?
Accord Transformer & Switchgear (BOM:544710) has a current EBIT of ₹46.0 Mil. The current EBIT is ₹46.0 Mil. Accord Transformer & Switchgear's overall GF Score™ is 18/100 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 Accord Transformer & Switchgear (BOM:544710), the current EBIT is ₹46.0 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.

Accord Transformer & Switchgear Business Description

Address K Block, Sector2, Unit No.724-725-726, IMT Manesar, Gurgaon, HR, IND, 122050
Accord Transformer & Switchgear Ltd is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers and related equipment. It serves various industries, including the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks. Its offerings include distribution transformers, Power transformers, Dry-type transformers, Package substations, Special-purpose transformers, Low-voltage (LV) control panels, Vacuum Circuit Breaker (VCB) panels, Busducts, cable trays, and associated switchgear assemblies. The segments of the company are Manufacturing Division, which derives maximum revenue; & Service Activity division.
18GF Score

Get the complete analysis for BOM:544710

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

₹58.21
Price