Devson Catalyst (BOM:544823) EBIT: ₹172.7 Mil (TTM As of Mar. 2026)

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BOM:544823 Devson Catalyst Ltd BOM:544823
24 GF Score
Price ₹352.25
! 5 Warning Signs
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What is Devson Catalyst EBIT?

Devson Catalyst BOM:544823 +0.46% 24 EBIT is ₹172.7 Mil as of Mar. 2026. GuruFocus rates BOM:544823 with a GF Score™ of 24/100. The stock has 5 warning signs investors should review.

Devson Catalyst's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹82.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹172.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Devson Catalyst's annualized ROC % for the quarter that ended in Mar. 2026 was 37.11%. Devson Catalyst's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Devson Catalyst's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.61%.

Devson Catalyst  (BOM:544823) EBIT Explanation

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

Devson Catalyst'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 )
=152.718 * ( 1 - 25.78% )/( (255.519 + 355.396)/ 2 )
=113.3472996/305.4575
=37.11 %

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))
=344.89 - 39.361 - ( 50.01 - max(0, 55.411 - 249.015+50.01))
=255.519

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))
=416.276 - 39.23 - ( 21.65 - max(0, 68.571 - 286.404+21.65))
=355.396

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:

Devson Catalyst'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 )
=163.95/( ( (85.875 + max(144.468, 0)) + (118.472 + max(210.737, 0)) )/ 2 )
=163.95/( ( 230.343 + 329.209 )/ 2 )
=163.95/279.776
=58.60 %

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)
=(152.223 + 27.185 + 17.319) - (39.361 + 0 + 12.898)
=144.468

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.532 + 77.477 + 18.213) - (39.23 + 0 + 13.255)
=210.737

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=172.727/4789.734
=3.61 %

* 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.

Devson Catalyst EBIT Related Terms

Devson Catalyst EBIT Historical Data

* Premium members only.

The historical data trend for Devson Catalyst'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.

Devson Catalyst EBIT Chart

Devson Catalyst Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
35.02 65.78 107.58 172.73

Devson Catalyst Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
EBIT 0.00 0.00 0.00 90.75 81.98

BOM:544823 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Devson Catalyst'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.

Devson Catalyst EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Devson Catalyst's EV-to-EBIT distribution charts can be found below:

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


BOM:544823
24GF Score
Devson Catalyst Ltd BOM:544823
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Devson Catalyst 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 ₹172.7 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 ₹172.7 Mil mean?
Devson Catalyst (BOM:544823) has a EBIT of ₹172.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Devson Catalyst.
Is Devson Catalyst's EBIT too high?
Devson Catalyst's current EBIT is ₹172.7 Mil. Overall, Devson Catalyst has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Devson Catalyst's EBIT compare to LIN and SHW?
Devson Catalyst's EBIT of ₹172.7 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Devson Catalyst. Devson Catalyst's current EBIT is ₹172.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devson Catalyst stock overvalued right now?
Devson Catalyst (BOM:544823) has a current EBIT of ₹172.7 Mil. The current EBIT is ₹172.7 Mil. Devson Catalyst's overall GF Score™ is 24/100 with 5 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 Devson Catalyst (BOM:544823), the current EBIT is ₹172.7 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.

Devson Catalyst Business Description

Address Plot No 213 To 218, and 233 To 237, Phase II, Ambawadi, GIDC, Wadhwancity, Surendra Nagar, Wadhwancity, GJ, IND, 363030
Devson Catalyst Ltd is engaged in the business of manufacturing catalysts, adsorbents and ceramic balls, catering to industries such as oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. The Company has a presence in both the domestic and international markets. The majority of revenue is derived from the sale of Catalysts, which enable chemical reactions to occur faster and more efficiently without being consumed during the process, in the domestic markets.
24GF Score

Get the complete analysis for BOM:544823

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

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