Forge Auto International (NSE:FORGEAUTO) EBIT: ₹173 Mil (TTM As of Mar. 2025)


NSE:FORGEAUTO Forge Auto International Ltd NSE:FORGEAUTO
16 GF Score
Price ₹92.40
! 3 Warning Signs
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What is Forge Auto International EBIT?

Forge Auto International NSE:FORGEAUTO +5.00% 16 EBIT is ₹173 Mil as of Mar. 2025. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Forge Auto International's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2025 was ₹173 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹173 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forge Auto International's annualized ROC % for the quarter that ended in Mar. 2025 was 14.50%. Forge Auto International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 26.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Forge Auto International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 12.49%.

Forge Auto International  (NSE:FORGEAUTO) EBIT Explanation

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

Forge Auto International'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 )
=165.86 * ( 1 - 27.82% )/( (637.689 + 1014.122)/ 2 )
=119.717748/825.9055
=14.50 %

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))
=949.417 - 306.489 - ( 5.239 - max(0, 572.934 - 623.29+5.239))
=637.689

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))
=1349.938 - 315.652 - ( 20.164 - max(0, 610.203 - 915.125+20.164))
=1014.122

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

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

Forge Auto International'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 )
=172.754/( ( (262.834 + max(284.462, 0)) + (311.865 + max(440.984, 0)) )/ 2 )
=172.754/( ( 547.296 + 752.849 )/ 2 )
=172.754/650.0725
=26.57 %

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)
=(238.058 + 355.402 + 22.598) - (306.489 + 0 + 25.107)
=284.462

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.205 + 550.977 + 33.895) - (315.652 + 0 + 41.441)
=440.984

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:

Forge Auto International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=172.754/1382.623
=12.49 %

* 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.

Forge Auto International EBIT Related Terms

Forge Auto International EBIT Historical Data

* Premium members only.

The historical data trend for Forge Auto International'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.

Forge Auto International EBIT Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24 Mar25
EBIT
65.08 102.14 123.82 172.75

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
EBIT 65.08 102.14 123.82 172.75

NSE:FORGEAUTO vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Forge Auto International'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.

Forge Auto International EV-to-EBIT vs Vehicles & Parts Industry

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

* The bar in red indicates where Forge Auto International's EV-to-EBIT falls into.


NSE:FORGEAUTO
16GF Score
Forge Auto International Ltd NSE:FORGEAUTO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge Auto International 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 ₹173 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 ₹173 Mil mean?
Forge Auto International (NSE:FORGEAUTO) has a EBIT of ₹173 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Forge Auto International.
Is Forge Auto International's EBIT too high?
Forge Auto International's current EBIT is ₹173 Mil. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's EBIT compare to ORLY and AZO?
Forge Auto International's EBIT of ₹173 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 Forge Auto International. Forge Auto International's current EBIT is ₹173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current EBIT of ₹173 Mil. The current EBIT is ₹173 Mil. Forge Auto International's 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 Forge Auto International (NSE:FORGEAUTO), the current EBIT is ₹173 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.

Forge Auto International Business Description

Address Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score

Get the complete analysis for NSE:FORGEAUTO

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

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