Aeron Composite (NSE:AERON) EBIT: ₹152 Mil (TTM As of Mar. 2026)


NSE:AERON Aeron Composite Ltd NSE:AERON
40 GF Score
Price ₹76.50
! 8 Warning Signs
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What is Aeron Composite EBIT?

Aeron Composite NSE:AERON 40 EBIT is ₹152 Mil as of Mar. 2026. GuruFocus rates NSE:AERON with a GF Score™ of 40/100. The stock has 8 warning signs investors should review.

Aeron Composite's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹152 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aeron Composite's annualized ROC % for the quarter that ended in Mar. 2026 was 5.37%. Aeron Composite's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aeron Composite's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.70%.

Aeron Composite  (NSE:AERON) EBIT Explanation

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

Aeron Composite'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 )
=107.862 * ( 1 - 32.88% )/( (1249.431 + 1448.258)/ 2 )
=72.3969744/1348.8445
=5.37 %

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))
=2128.235 - 475.306 - ( 403.498 - max(0, 823.615 - 1383.603+403.498))
=1249.431

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))
=2116.053 - 348.217 - ( 319.578 - max(0, 816.619 - 1303.57+319.578))
=1448.258

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:

Aeron Composite'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 )
=84.058/( ( (680.248 + max(406.966, 0)) + (776.287 + max(539.271, 0)) )/ 2 )
=84.058/( ( 1087.214 + 1315.558 )/ 2 )
=84.058/1201.386
=7.00 %

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)
=(440.748 + 456.041 + 80.571) - (475.306 + 0 + 95.088)
=406.966

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(480.993 + 409.072 + 88.191) - (348.217 + 0 + 90.768)
=539.271

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=151.571/1561.943
=9.70 %

* 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.

Aeron Composite EBIT Related Terms

Aeron Composite EBIT Historical Data

* Premium members only.

The historical data trend for Aeron Composite'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.

Aeron Composite EBIT Chart

Aeron Composite Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 59.21 109.78 153.38 206.13 151.57

Aeron Composite Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only 68.77 105.45 100.68 109.54 42.03

NSE:AERON vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Aeron Composite'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.

Aeron Composite EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aeron Composite's EV-to-EBIT distribution charts can be found below:

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


NSE:AERON
40GF Score
Aeron Composite Ltd NSE:AERON
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeron Composite 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 ₹152 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 ₹152 Mil mean?
Aeron Composite (NSE:AERON) has a EBIT of ₹152 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Aeron Composite.
Is Aeron Composite's EBIT too high?
Aeron Composite's current EBIT is ₹152 Mil. Overall, Aeron Composite has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Aeron Composite's EBIT compare to HON and MMM?
Aeron Composite's EBIT of ₹152 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Aeron Composite. Aeron Composite's current EBIT is ₹152 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeron Composite stock overvalued right now?
Aeron Composite (NSE:AERON) has a current EBIT of ₹152 Mil. The current EBIT is ₹152 Mil. Aeron Composite's overall GF Score™ is 40/100 with 8 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 Aeron Composite (NSE:AERON), the current EBIT is ₹152 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.

Aeron Composite Business Description

Address Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Village Moraiya, Changodar, Moraiya, GJ, IND, 382213
Aeron Composite Ltd is engaged in the manufacturing and supply of ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions, including conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after-sales service. The company's products are used in various markets and applications such as water and wastewater, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceuticals, and chemicals. Geographically, it serves both domestic and international markets, with the majority of its revenue derived from customers located outside India.
40GF Score

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

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