Emerald Tyre Manufacturers (NSE:ETML) EBIT: ₹229 Mil (TTM As of Mar. 2025)


NSE:ETML Emerald Tyre Manufacturers Ltd NSE:ETML
16 GF Score
Price ₹94.00
! 3 Warning Signs
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What is Emerald Tyre Manufacturers EBIT?

Emerald Tyre Manufacturers NSE:ETML +2.06% 16 EBIT is ₹229 Mil as of Mar. 2025. GuruFocus rates NSE:ETML with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Emerald Tyre Manufacturers's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2025 was ₹229 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹229 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emerald Tyre Manufacturers's annualized ROC % for the quarter that ended in Mar. 2025 was 8.96%. Emerald Tyre Manufacturers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 15.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emerald Tyre Manufacturers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 8.86%.

Emerald Tyre Manufacturers  (NSE:ETML) EBIT Explanation

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

Emerald Tyre Manufacturers's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=211.736 * ( 1 - 26.68% )/( (1501.976 + 1964.056)/ 2 )
=155.2448352/1733.016
=8.96 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=1739.859 - 211.716 - ( 26.167 - max(0, 927.319 - 1094.436+26.167))
=1501.976

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))
=2371.083 - 274.097 - ( 132.93 - max(0, 1070.029 - 1364.565+132.93))
=1964.056

Note: The Operating Income data used here is one times the annual (Mar. 2025) data.

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

Emerald Tyre Manufacturers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=228.639/( ( (566.367 + max(783.31, 0)) + (793.296 + max(879.294, 0)) )/ 2 )
=228.639/( ( 1349.677 + 1672.59 )/ 2 )
=228.639/1511.1335
=15.13 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(404.36 + 583.133 + 80.277) - (211.716 + 0 + 72.744)
=783.31

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(450.915 + 667.366 + 112.869) - (274.097 + 0 + 77.759)
=879.294

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2025) EBIT data.

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

Emerald Tyre Manufacturers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=228.639/2580.078
=8.86 %

* 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.

Emerald Tyre Manufacturers EBIT Related Terms

Emerald Tyre Manufacturers EBIT Historical Data

* Premium members only.

The historical data trend for Emerald Tyre Manufacturers'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.

Emerald Tyre Manufacturers EBIT Chart

Emerald Tyre Manufacturers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
4.56 100.21 174.09 230.16 228.64

Emerald Tyre Manufacturers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
EBIT 4.56 100.21 174.09 230.16 228.64

NSE:ETML vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.

Emerald Tyre Manufacturers EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's EV-to-EBIT distribution charts can be found below:

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


NSE:ETML
16GF Score
Emerald Tyre Manufacturers Ltd NSE:ETML
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Tyre Manufacturers 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹229 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 ₹229 Mil mean?
Emerald Tyre Manufacturers (NSE:ETML) has a EBIT of ₹229 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Emerald Tyre Manufacturers.
Is Emerald Tyre Manufacturers' EBIT too high?
Emerald Tyre Manufacturers' current EBIT is ₹229 Mil. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' EBIT compare to ORLY and AZO?
Emerald Tyre Manufacturers' EBIT of ₹229 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Emerald Tyre Manufacturers. Emerald Tyre Manufacturers's current EBIT is ₹229 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current EBIT of ₹229 Mil. The current EBIT is ₹229 Mil. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 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 Emerald Tyre Manufacturers (NSE:ETML), the current EBIT is ₹229 Mil as of Mar. 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.

Emerald Tyre Manufacturers Business Description

Address Second Street Porur Gardens, Emerald House, Plot No.2, Phase-I, Vanagaram, Tiruvallur, Poonamallee, TN, IND, 600095
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
16GF 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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