Solve Plastic Products (NSE:BALCO) EBIT: ₹-22.3 Mil (TTM As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
7 GF Score
Price ₹19.85
! 2 Warning Signs
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What is Solve Plastic Products EBIT?

Solve Plastic Products NSE:BALCO 7 EBIT is ₹-22.3 Mil as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review.

Solve Plastic Products's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was ₹11.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-22.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Solve Plastic Products's annualized ROC % for the quarter that ended in Sep. 2025 was 4.84%. Solve Plastic Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 17.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Solve Plastic Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -13.48%.

Solve Plastic Products  (NSE:BALCO) EBIT Explanation

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

Solve Plastic Products's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=15.334 * ( 1 - 36.2% )/( (198.476 + 206.141)/ 2 )
=9.783092/202.3085
=4.84 %

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))
=243.307 - 15.145 - ( 29.686 - max(0, 106.345 - 158.171+29.686))
=198.476

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))
=287.58 - 51.597 - ( 29.842 - max(0, 150.527 - 185.545+29.842))
=206.141

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

Solve Plastic Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=23.76/( ( (58.797 + max(70.261, 0)) + (78.22 + max(66.349, 0)) )/ 2 )
=23.76/( ( 129.058 + 144.569 )/ 2 )
=23.76/136.8135
=17.37 %

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)
=(44.243 + 60.286 + 2.053) - (15.145 + 0 + 21.176)
=70.261

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.072 + 77.505 + 6.292) - (51.597 + 0 + 13.923)
=66.349

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

Solve Plastic Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-22.298/165.394
=-13.48 %

* 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.

Solve Plastic Products EBIT Related Terms

Solve Plastic Products EBIT Historical Data

* Premium members only.

The historical data trend for Solve Plastic Products'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.

Solve Plastic Products EBIT Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
6.42 8.59 25.94 29.55 -45.28

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EBIT Get a 7-Day Free Trial 10.56 18.99 -11.10 -34.18 11.88

NSE:BALCO vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.

Solve Plastic Products EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's EV-to-EBIT distribution charts can be found below:

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


NSE:BALCO
7GF Score
Solve Plastic Products Ltd NSE:BALCO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-22.3 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 ₹-22.3 Mil mean?
Solve Plastic Products (NSE:BALCO) has a EBIT of ₹-22.3 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Solve Plastic Products.
Is Solve Plastic Products' EBIT too high?
Solve Plastic Products' current EBIT is ₹-22.3 Mil. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' EBIT compare to VRT and BE?
Solve Plastic Products' EBIT of ₹-22.3 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 Solve Plastic Products. Solve Plastic Products's current EBIT is ₹-22.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current EBIT of ₹-22.3 Mil. The current EBIT is ₹-22.3 Mil. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current EBIT is ₹-22.3 Mil as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
7GF 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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