Greenlam Industries (NSE:GREENLAM) EBIT: ₹1,855 Mil (TTM As of Mar. 2026)


NSE:GREENLAM Greenlam Industries Ltd NSE:GREENLAM
93 GF Score
Price ₹259.71
GF Value ₹349.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Greenlam Industries EBIT?

Greenlam Industries NSE:GREENLAM -0.37% 93 EBIT is ₹1,855 Mil as of Mar. 2026. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹349.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Greenlam Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹751 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,855 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greenlam Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 9.57%. Greenlam Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greenlam Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.42%.


Greenlam Industries  (NSE:GREENLAM) EBIT Explanation

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

Greenlam Industries'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 )
=2922.4 * ( 1 - 22.11% )/( (0 + 23779.2)/ 1 )
=2276.25736/23779.2
=9.57 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=30041.4 - 5089.7 - ( 1172.5 - max(0, 10139.1 - 12348.6+1172.5))
=23779.2

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

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

Greenlam Industries'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 )
=3004/( ( (0 + max(0, 0)) + (17070.6 + max(4762.9, 0)) )/ 1 )
=3004/( ( 0 + 21833.5 )/ 1 )
=3004/21833.5
=13.76 %

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)
=(2186.8 + 7639.3 + 1338.2) - (5089.7 + 0 + 1311.7)
=4762.9

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:

Greenlam Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1855/76755.445
=2.42 %

* 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.


Greenlam Industries EBIT Related Terms


Greenlam Industries EBIT Historical Data

* Premium members only.

The historical data trend for Greenlam Industries'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.

Greenlam Industries EBIT Chart

Greenlam Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,331.81 1,875.24 2,292.10 1,718.70 1,855.00

Greenlam Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 306.70 114.10 701.10 288.80 751.00

NSE:GREENLAM vs SN, SGI, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Greenlam Industries'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.


Greenlam Industries EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's EV-to-EBIT distribution charts can be found below:

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


NSE:GREENLAM
93GF Score
Greenlam Industries Ltd NSE:GREENLAM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenlam Industries 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 ₹1,855 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 ₹1,855 Mil mean?
Greenlam Industries (NSE:GREENLAM) has a EBIT of ₹1,855 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Greenlam Industries.
Is Greenlam Industries' EBIT too high?
Greenlam Industries' current EBIT is ₹1,855 Mil. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' EBIT compare to SN and SGI?
Greenlam Industries' EBIT of ₹1,855 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances 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 Greenlam Industries. Greenlam Industries's current EBIT is ₹1,855 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹349.16, compared to a current price of ₹259.71 — trading 25.6% below its estimated fair value. The current EBIT is ₹1,855 Mil. Greenlam Industries' overall GF Score™ is 93/100 with 5 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 Greenlam Industries (NSE:GREENLAM), the current EBIT is ₹1,855 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.

Is Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued. The current stock price of ₹259.71 is trading 25.6% below its estimated GF Value™ of ₹349.16. GuruFocus considers Greenlam Industries to be Modestly Undervalued.

Key valuation signals for NSE:GREENLAM:

  • EBIT: ₹1,855 Mil
  • GF Value™: ₹349.16 vs. price of ₹259.71 (25.6% below fair value)
  • GF Score™: 93/100 with 5 warning signs

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


Greenlam Industries Business Description

Other Exchanges 538979:India
Address Worldmark 1, Aerocity, 203, 2nd Floor. West Wing, IGI Airport Hospitality District, New Delhi, IND, 110 037
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score

Get the complete analysis for NSE:GREENLAM

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

₹259.71
Price
₹349.16
GF Value