Indef Manufacturing (NSE:BAJAJINDEF) EBIT: ₹231 Mil (TTM As of Jun. 2026)

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NSE:BAJAJINDEF Indef Manufacturing Ltd NSE:BAJAJINDEF
17 GF Score
Price ₹229.65
! 3 Warning Signs
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What is Indef Manufacturing EBIT?

Indef Manufacturing NSE:BAJAJINDEF +1.65% 17 EBIT is ₹231 Mil as of Jun. 2026. GuruFocus rates NSE:BAJAJINDEF with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

Indef Manufacturing's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ₹64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹231 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indef Manufacturing's annualized ROC % for the quarter that ended in Jun. 2026 was -2.87%. Indef Manufacturing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 51.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indef Manufacturing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.16%.

Indef Manufacturing  (NSE:BAJAJINDEF) EBIT Explanation

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

Indef Manufacturing's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-95.512 * ( 1 - 12.75% )/( (2900.123 + 0)/ 1 )
=-83.33422/2900.123
=-2.87 %

where

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))
=3322.3 - 366.624 - ( 55.553 - max(0, 553.454 - 744.364+55.553))
=2900.123

Invested Capital(Q: Jun. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Indef Manufacturing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=255.172/( ( (331.997 + max(163.574, 0)) + (0 + max(0, 0)) )/ 1 )
=255.172/( ( 495.571 + 0 )/ 1 )
=255.172/495.571
=51.49 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(319.536 + 315.17 + 38.203) - (366.624 + 0 + 142.711)
=163.574

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=230.771/7311.186
=3.16 %

* 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.

Indef Manufacturing EBIT Related Terms

Indef Manufacturing EBIT Historical Data

* Premium members only.

The historical data trend for Indef Manufacturing'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.

Indef Manufacturing EBIT Chart

Indef Manufacturing Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
0.00 -0.60 423.76 243.69

Indef Manufacturing Quarterly Data
Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.71 75.34 68.76 22.88 63.79

NSE:BAJAJINDEF vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Indef Manufacturing'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.

Indef Manufacturing EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indef Manufacturing's EV-to-EBIT distribution charts can be found below:

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


NSE:BAJAJINDEF
17GF Score
Indef Manufacturing Ltd NSE:BAJAJINDEF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indef Manufacturing 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹231 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 ₹231 Mil mean?
Indef Manufacturing (NSE:BAJAJINDEF) has a EBIT of ₹231 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indef Manufacturing.
Is Indef Manufacturing's EBIT too high?
Indef Manufacturing's current EBIT is ₹231 Mil. Overall, Indef Manufacturing has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indef Manufacturing's EBIT compare to CAT and DE?
Indef Manufacturing's EBIT of ₹231 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Indef Manufacturing. Indef Manufacturing's current EBIT is ₹231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indef Manufacturing stock overvalued right now?
Indef Manufacturing (NSE:BAJAJINDEF) has a current EBIT of ₹231 Mil. The current EBIT is ₹231 Mil. Indef Manufacturing's overall GF Score™ is 17/100 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 Indef Manufacturing (NSE:BAJAJINDEF), the current EBIT is ₹231 Mil as of Jun. 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.

Indef Manufacturing Business Description

Other Exchanges 544364:India
Address Plot -87, Sector 15, Shelton Cubix, 501-504, CBD Belapur, Navi Mumbai, MH, IND, 400614
Indef Manufacturing Ltd specializes in producing high-quality industrial components. The company focuses on precision engineering and manufacturing techniques. The company serves diverse sectors including automotive, aerospace, and construction. Committed to quality and sustainability and delivers reliable products globally.
17GF Score

Get the complete analysis for NSE:BAJAJINDEF

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

₹229.65
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