IC Electricals Co (NSE:ICELCO) EBIT: ₹257 Mil (TTM As of Mar. 2026)

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NSE:ICELCO IC Electricals Co Ltd NSE:ICELCO
17 GF Score
Price ₹120.55
! 3 Warning Signs
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What is IC Electricals Co EBIT?

IC Electricals Co NSE:ICELCO +1.35% 17 EBIT is ₹257 Mil as of Mar. 2026. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

IC Electricals Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹257 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹257 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IC Electricals Co's annualized ROC % for the quarter that ended in Mar. 2026 was 15.03%. IC Electricals Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IC Electricals Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.69%.

IC Electricals Co  (NSE:ICELCO) EBIT Explanation

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

IC Electricals Co'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=263.722 * ( 1 - 25.51% )/( (1160.816 + 1453.529)/ 2 )
=196.4465178/1307.1725
=15.03 %

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))
=1600.421 - 434.235 - ( 5.37 - max(0, 1074.326 - 1528.998+5.37))
=1160.816

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))
=1934.445 - 476.922 - ( 3.994 - max(0, 1262.682 - 1847.527+3.994))
=1453.529

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

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

IC Electricals Co'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=256.799/( ( (28.026 + max(904.381, 0)) + (30.677 + max(1100.886, 0)) )/ 2 )
=256.799/( ( 932.407 + 1131.563 )/ 2 )
=256.799/1031.985
=24.88 %

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)
=(276.708 + 855.967 + 307.305) - (434.235 + 0 + 101.364)
=904.381

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(354.558 + 977.09 + 300.749) - (476.922 + 0 + 54.589)
=1100.886

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2026) EBIT data.

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

IC Electricals Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=256.799/2955.359
=8.69 %

* 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.

IC Electricals Co EBIT Related Terms

IC Electricals Co EBIT Historical Data

* Premium members only.

The historical data trend for IC Electricals Co'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.

IC Electricals Co EBIT Chart

IC Electricals Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EBIT
78.39 120.12 185.20 256.80

IC Electricals Co Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
EBIT 78.39 120.12 185.20 256.80

NSE:ICELCO vs UNP, CSX, NSC: EBIT Comparison

For the Railroads subindustry, IC Electricals Co'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.

IC Electricals Co EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, IC Electricals Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IC Electricals Co's EV-to-EBIT falls into.


NSE:ICELCO
17GF Score
IC Electricals Co Ltd NSE:ICELCO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Electricals Co 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. 2026 was ₹257 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 ₹257 Mil mean?
IC Electricals Co (NSE:ICELCO) has a EBIT of ₹257 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IC Electricals Co.
Is IC Electricals Co's EBIT too high?
IC Electricals Co's current EBIT is ₹257 Mil. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's EBIT compare to UNP and CSX?
IC Electricals Co's EBIT of ₹257 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 IC Electricals Co. IC Electricals Co's current EBIT is ₹257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current EBIT of ₹257 Mil. The current EBIT is ₹257 Mil. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current EBIT is ₹257 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.

IC Electricals Co Business Description

Address 1002-1003, 10th Floor, DLF Tower-A, Jasola, New Delhi, IND, 110025
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score

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

₹120.55
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