Merritronix (BOM:544773) EBIT: ₹254 Mil (TTM As of Mar. 2026)

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BOM:544773 Merritronix Ltd BOM:544773
19 GF Score
Price ₹336.15
! 3 Warning Signs
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What is Merritronix EBIT?

Merritronix BOM:544773 -0.44% 19 EBIT is ₹254 Mil as of Mar. 2026. GuruFocus rates BOM:544773 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

Merritronix's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹254 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Merritronix's annualized ROC % for the quarter that ended in Mar. 2026 was 34.02%. Merritronix's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Merritronix's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.19%.

Merritronix  (BOM:544773) EBIT Explanation

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

Merritronix'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 )
=381.198 * ( 1 - 30.01% )/( (537.907 + 1030.359)/ 2 )
=266.8004802/784.133
=34.02 %

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))
=895.717 - 274.027 - ( 83.783 - max(0, 550.478 - 852.488+83.783))
=537.907

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))
=1544.007 - 256.686 - ( 256.962 - max(0, 953.055 - 1484.287+256.962))
=1030.359

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:

Merritronix'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 )
=378.864/( ( (37.229 + max(389.899, 0)) + (58.599 + max(653.288, 0)) )/ 2 )
=378.864/( ( 427.128 + 711.887 )/ 2 )
=378.864/569.5075
=66.52 %

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)
=(156.115 + 490.345 + 122.245) - (274.027 + 0 + 104.779)
=389.899

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(365.465 + 713.076 + 148.784) - (256.686 + 0 + 317.351)
=653.288

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=253.904/6052.546
=4.19 %

* 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.

Merritronix EBIT Related Terms

Merritronix EBIT Historical Data

* Premium members only.

The historical data trend for Merritronix'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.

Merritronix EBIT Chart

Merritronix Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
15.13 59.16 145.11 253.90

Merritronix Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
EBIT 0.00 0.00 0.00 64.47 189.43

BOM:544773 vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Merritronix'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.

Merritronix EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Merritronix's EV-to-EBIT distribution charts can be found below:

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


BOM:544773
19GF Score
Merritronix Ltd BOM:544773
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Merritronix 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 ₹254 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 ₹254 Mil mean?
Merritronix (BOM:544773) has a EBIT of ₹254 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Merritronix.
Is Merritronix's EBIT too high?
Merritronix's current EBIT is ₹254 Mil. Overall, Merritronix has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Merritronix's EBIT compare to APH and GLW?
Merritronix's EBIT of ₹254 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Merritronix. Merritronix's current EBIT is ₹254 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merritronix stock overvalued right now?
Merritronix (BOM:544773) has a current EBIT of ₹254 Mil. The current EBIT is ₹254 Mil. Merritronix's overall GF Score™ is 19/100 with 3 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 Merritronix (BOM:544773), the current EBIT is ₹254 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.

Merritronix Business Description

Address C-22, Electronic Complex, Kushaiguda, Hyderabad, TG, IND, 500062
Merritronix Ltd operates as an electronics manufacturing services (EMS) provider in India. It is engaged in the business of manufacturing and assembly of electronic components, including engineering design and development services. The company's offerings include electronic manufacturing services, encompassing component sourcing, printed circuit board ("PCB") assembly, system integration, testing, box-build solutions and delivery of finished electronic products. It serves various industries, including defence, aerospace, industrial electronics, and scientific research sectors. The company derives the majority of its revenue from the sale of its products in India.
19GF Score

Get the complete analysis for BOM:544773

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

₹336.15
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