Indo Borax & Chemicals (NSE:INDOBORAX) EBIT: ₹666 Mil (TTM As of Mar. 2026)


NSE:INDOBORAX Indo Borax & Chemicals Ltd NSE:INDOBORAX
71 GF Score
Price ₹380.50
GF Value ₹218.65
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Indo Borax & Chemicals EBIT?

Indo Borax & Chemicals NSE:INDOBORAX -1.49% 71 EBIT is ₹666 Mil as of Mar. 2026. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹218.65 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Indo Borax & Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹175 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹666 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indo Borax & Chemicals's annualized ROC % for the quarter that ended in Mar. 2026 was 31.00%. Indo Borax & Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 143.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indo Borax & Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.99%.


Indo Borax & Chemicals  (NSE:INDOBORAX) EBIT Explanation

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

Indo Borax & Chemicals'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 )
=487.572 * ( 1 - 16.69% )/( (0 + 1310.52)/ 1 )
=406.1962332/1310.52
=31.00 %

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))
=4048.722 - 31.41 - ( 2706.792 - max(0, 155.632 - 3244.631+2706.792))
=1310.52

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

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

Indo Borax & Chemicals'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 )
=700.356/( ( (0 + max(0, 0)) + (102.173 + max(385.807, 0)) )/ 1 )
=700.356/( ( 0 + 487.98 )/ 1 )
=700.356/487.98
=143.52 %

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)
=(103.792 + 318.275 + 114.668) - (31.41 + 0 + 119.518)
=385.807

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:

Indo Borax & Chemicals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=665.848/9532.194
=6.99 %

* 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.


Indo Borax & Chemicals EBIT Related Terms


Indo Borax & Chemicals EBIT Historical Data

* Premium members only.

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals EBIT Chart

Indo Borax & Chemicals 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 499.94 690.44 522.39 588.40 665.85

Indo Borax & Chemicals 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 129.52 143.72 225.55 121.49 175.09

NSE:INDOBORAX vs DOW: EBIT Comparison

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indo Borax & Chemicals's EV-to-EBIT falls into.


NSE:INDOBORAX
71GF Score
Indo Borax & Chemicals Ltd NSE:INDOBORAX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Borax & Chemicals 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 ₹666 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 ₹666 Mil mean?
Indo Borax & Chemicals (NSE:INDOBORAX) has a EBIT of ₹666 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indo Borax & Chemicals.
Is Indo Borax & Chemicals' EBIT too high?
Indo Borax & Chemicals' current EBIT is ₹666 Mil. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' EBIT compare to DOW?
Indo Borax & Chemicals' EBIT of ₹666 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Indo Borax & Chemicals. Indo Borax & Chemicals's current EBIT is ₹666 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.65, compared to a current price of ₹380.50 — trading 74% above its estimated fair value. The current EBIT is ₹666 Mil. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current EBIT is ₹666 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued. The current stock price of ₹380.50 is trading 74% above its estimated GF Value™ of ₹218.65. GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:INDOBORAX:

  • EBIT: ₹666 Mil
  • GF Value™: ₹218.65 vs. price of ₹380.50 (74% above fair value)
  • GF Score™: 71/100 with 9 warning signs

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


Indo Borax & Chemicals Business Description

Other Exchanges 524342:India
Address Linking Road, 302, 3rd Floor, Link Rose Building, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score

Get the complete analysis for NSE:INDOBORAX

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

₹380.50
Price
₹218.65
GF Value