Gandhar Oil Refinery (India) (NSE:GANDHAR) EBIT: ₹2,181 Mil (TTM As of Mar. 2026)


NSE:GANDHAR Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
47 GF Score
Price ₹188.29
! 7 Warning Signs
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What is Gandhar Oil Refinery (India) EBIT?

Gandhar Oil Refinery (India) NSE:GANDHAR +0.84% 47 EBIT is ₹2,181 Mil as of Mar. 2026. GuruFocus rates NSE:GANDHAR with a GF Score™ of 47/100. The stock has 7 warning signs investors should review.

Gandhar Oil Refinery (India)'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹601 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,181 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gandhar Oil Refinery (India)'s annualized ROC % for the quarter that ended in Mar. 2026 was 9.63%. Gandhar Oil Refinery (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gandhar Oil Refinery (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.60%.


Gandhar Oil Refinery (India)  (NSE:GANDHAR) EBIT Explanation

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

Gandhar Oil Refinery (India)'s annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2235.6 * ( 1 - 29.4% )/( (0 + 16395.4)/ 1 )
=1578.3336/16395.4
=9.63 %

where

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

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

Gandhar Oil Refinery (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2403.6/( ( (0 + max(0, 0)) + (5252.4 + max(10264.9, 0)) )/ 1 )
=2403.6/( ( 0 + 15517.3 )/ 1 )
=2403.6/15517.3
=15.49 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7208.8 + 6443.1 + 1591.3) - (4372.2 + 0 + 606.1)
=10264.9

When net working capital is negative, 0 is used.

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

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

Gandhar Oil Refinery (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2181.4/20578.903
=10.60 %

* 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.


Gandhar Oil Refinery (India) EBIT Related Terms


Gandhar Oil Refinery (India) EBIT Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) EBIT Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 2,450.08 3,059.68 2,560.61 1,626.50 2,181.30

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 302.80 413.90 614.20 552.40 600.90

NSE:GANDHAR vs VLO, MPC, PSX: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.


Gandhar Oil Refinery (India) EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s EV-to-EBIT falls into.


NSE:GANDHAR
47GF Score
Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Gandhar Oil Refinery (India) 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,181 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 ₹2,181 Mil mean?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a EBIT of ₹2,181 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gandhar Oil Refinery (India).
Is Gandhar Oil Refinery (India)'s EBIT too high?
Gandhar Oil Refinery (India)'s current EBIT is ₹2,181 Mil. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s EBIT compare to VLO and MPC?
Gandhar Oil Refinery (India)'s EBIT of ₹2,181 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Gandhar Oil Refinery (India). Gandhar Oil Refinery (India)'s current EBIT is ₹2,181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a current EBIT of ₹2,181 Mil. The current EBIT is ₹2,181 Mil. Gandhar Oil Refinery (India)'s overall GF Score™ is 47/100 with 7 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 Gandhar Oil Refinery (India) (NSE:GANDHAR), the current EBIT is ₹2,181 Mil as of Mar. 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.

Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges 544029:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
47GF 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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