Frog Innovations (NSE:FROG) EBIT: ₹280 Mil (TTM As of Sep. 2025)


NSE:FROG Frog Innovations Ltd NSE:FROG
70 GF Score
Price ₹168.05
GF Value ₹344.02
Valuation Possible Value Trap
! 3 Warning Signs
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What is Frog Innovations EBIT?

Frog Innovations NSE:FROG +4.97% 70 EBIT is ₹280 Mil as of Sep. 2025. GuruFocus rates NSE:FROG with a GF Score™ of 70/100 and a GF Value™ of ₹344.02 (Possible Value Trap). The stock has 3 warning signs investors should review.

Frog Innovations's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was ₹10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹280 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frog Innovations's annualized ROC % for the quarter that ended in Sep. 2025 was 0.00%. Frog Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 1.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frog Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 10.41%.

Frog Innovations  (NSE:FROG) EBIT Explanation

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

Frog Innovations'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 )
=125.224 * ( 1 - 100% )/( (1771.247 + 1745.808)/ 2 )
=0/1758.5275
=0.00 %

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))
=2199.14 - 356.835 - ( 71.058 - max(0, 578.157 - 1297.201+71.058))
=1771.247

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))
=2007.329 - 210.079 - ( 51.442 - max(0, 317.846 - 1011.026+51.442))
=1745.808

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:

Frog Innovations'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 )
=19.112/( ( (799.045 + max(773.599, 0)) + (886.409 + max(624.153, 0)) )/ 2 )
=19.112/( ( 1572.644 + 1510.562 )/ 2 )
=19.112/1541.603
=1.24 %

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)
=(790.76 + 318.478 + 40.478) - (356.835 + 0 + 19.282)
=773.599

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(441.621 + 357.691 + 86.508) - (210.079 + 0 + 51.588)
=624.153

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:

Frog Innovations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=279.516/2684.762
=10.41 %

* 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.

Frog Innovations EBIT Related Terms

Frog Innovations EBIT Historical Data

* Premium members only.

The historical data trend for Frog Innovations'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.

Frog Innovations EBIT Chart

Frog Innovations Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial 170.28 214.32 210.06 204.85 338.68

Frog Innovations Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.05 127.80 68.72 269.96 9.56

NSE:FROG vs CSCO, CIEN, MSI: EBIT Comparison

For the Communication Equipment subindustry, Frog Innovations'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.

Frog Innovations EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Frog Innovations's EV-to-EBIT distribution charts can be found below:

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


NSE:FROG
70GF Score
Frog Innovations Ltd NSE:FROG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Frog Innovations 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 ₹280 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 ₹280 Mil mean?
Frog Innovations (NSE:FROG) has a EBIT of ₹280 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Frog Innovations.
Is Frog Innovations' EBIT too high?
Frog Innovations' current EBIT is ₹280 Mil. Overall, Frog Innovations has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' EBIT compare to CSCO and CIEN?
Frog Innovations' EBIT of ₹280 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Frog Innovations. Frog Innovations's current EBIT is ₹280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹344.02, compared to a current price of ₹168.05 — trading 51.2% below its estimated fair value. The current EBIT is ₹280 Mil. Frog Innovations' overall GF Score™ is 70/100 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 Frog Innovations (NSE:FROG), the current EBIT is ₹280 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.

Is Frog Innovations (NSE:FROG) Overvalued in 2026?

Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued. The current stock price of ₹168.05 is trading 51.2% below its estimated GF Value™ of ₹344.02. GuruFocus considers Frog Innovations to be Possible Value Trap.

Key valuation signals for NSE:FROG:

  • EBIT: ₹280 Mil
  • GF Value™: ₹344.02 vs. price of ₹168.05 (51.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the NSE:FROG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Frog Innovations Business Description

Address C-23, Sector 80, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
70GF Score

Get the complete analysis for NSE:FROG

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

₹168.05
Price
₹344.02
GF Value