Hvax Technologies (NSE:HVAX) EBIT: ₹173 Mil (TTM As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HVAX Hvax Technologies Ltd NSE:HVAX
18 GF Score
Price ₹625.00
! 3 Warning Signs
View Full Analysis

What is Hvax Technologies EBIT?

Hvax Technologies NSE:HVAX 18 EBIT is ₹173 Mil as of Mar. 2025. GuruFocus rates NSE:HVAX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Hvax Technologies'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. Hvax Technologies's annualized ROC % for the quarter that ended in Mar. 2025 was 18.66%. Hvax Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 25.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hvax Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 9.24%.

Hvax Technologies  (NSE:HVAX) EBIT Explanation

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

Hvax Technologies'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 )
=175.198 * ( 1 - 26.18% )/( (516.59 + 869.618)/ 2 )
=129.3311636/693.104
=18.66 %

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))
=636.632 - 73.335 - ( 46.707 - max(0, 292.182 - 533.095+46.707))
=516.59

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))
=1215.608 - 203.26 - ( 142.73 - max(0, 461.222 - 1127.639+142.73))
=869.618

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

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

Hvax Technologies'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 )
=172.998/( ( (89.367 + max(410.987, 0)) + (76.403 + max(778.383, 0)) )/ 2 )
=172.998/( ( 500.354 + 854.786 )/ 2 )
=172.998/677.57
=25.53 %

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)
=(249.061 + 200.935 + 34.836) - (73.335 + 0 + 0.51000000000005)
=410.987

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(714.355 + 205.833 + 61.805) - (203.26 + 0 + 0.34999999999997)
=778.383

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:

Hvax Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=172.998/1872.640
=9.24 %

* 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.

Hvax Technologies EBIT Related Terms

Hvax Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Hvax Technologies'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.

Hvax Technologies EBIT Chart

Hvax Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
57.21 59.49 75.77 126.68 173.00

Hvax Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
EBIT 57.21 59.49 75.77 126.68 173.00

NSE:HVAX vs GWW, FAST, FERG: EBIT Comparison

For the Industrial Distribution subindustry, Hvax Technologies'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.

Hvax Technologies EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hvax Technologies's EV-to-EBIT distribution charts can be found below:

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


NSE:HVAX
18GF Score
Hvax Technologies Ltd NSE:HVAX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hvax Technologies 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?
Hvax Technologies (NSE:HVAX) 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 Hvax Technologies.
Is Hvax Technologies' EBIT too high?
Hvax Technologies' current EBIT is ₹173 Mil. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' EBIT compare to GWW and FAST?
Hvax Technologies' EBIT of ₹173 Mil can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good EBIT depends on the Industrial Distribution 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 Hvax Technologies. Hvax Technologies'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 Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current EBIT of ₹173 Mil. The current EBIT is ₹173 Mil. Hvax Technologies' overall GF Score™ is 18/100 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 Hvax Technologies (NSE:HVAX), 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.

Hvax Technologies Business Description

Address I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Nehru Nagar, Kanjurmarg (East), Mumbai, MH, IND, 400042
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
18GF Score

Get the complete analysis for NSE:HVAX

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

₹625.00
Price