Indo Farm Equipment (NSE:INDOFARM) EBIT: ₹1,625 Mil (TTM As of Mar. 2026)


NSE:INDOFARM Indo Farm Equipment Ltd NSE:INDOFARM
37 GF Score
Price ₹144.69
! 4 Warning Signs
View Full Analysis

What is Indo Farm Equipment EBIT?

Indo Farm Equipment NSE:INDOFARM -1.73% 37 EBIT is ₹1,625 Mil as of Mar. 2026. GuruFocus rates NSE:INDOFARM with a GF Score™ of 37/100. The stock has 4 warning signs investors should review.

Indo Farm Equipment's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹166 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,625 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indo Farm Equipment's annualized ROC % for the quarter that ended in Mar. 2026 was 6.59%. Indo Farm Equipment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indo Farm Equipment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.14%.

Indo Farm Equipment  (NSE:INDOFARM) EBIT Explanation

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

Indo Farm Equipment'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 )
=617.72 * ( 1 - 29.49% )/( (0 + 6612.56)/ 1 )
=435.554372/6612.56
=6.59 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=7703.482 - 329.098 - ( 761.824 - max(0, 1513.589 - 4436.683+761.824))
=6612.56

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 Farm Equipment'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 )
=664.584/( ( (0 + max(0, 0)) + (2314.632 + max(2659.051, 0)) )/ 1 )
=664.584/( ( 0 + 4973.683 )/ 1 )
=664.584/4973.683
=13.36 %

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)
=(1197.671 + 1791.247 + 142.523) - (329.098 + 0 + 143.292)
=2659.051

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 Farm Equipment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1624.962/7686.233
=21.14 %

* 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 Farm Equipment EBIT Related Terms

Indo Farm Equipment EBIT Historical Data

* Premium members only.

The historical data trend for Indo Farm Equipment'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 Farm Equipment EBIT Chart

Indo Farm Equipment Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 415.65 477.19 504.29 500.78 523.66

Indo Farm Equipment Quarterly Data
Mar21 Mar22 Mar23 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 170.29 119.31 115.84 1,223.67 166.15

NSE:INDOFARM vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment'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 Farm Equipment EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indo Farm Equipment's EV-to-EBIT falls into.


NSE:INDOFARM
37GF Score
Indo Farm Equipment Ltd NSE:INDOFARM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Farm Equipment 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 ₹1,625 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 ₹1,625 Mil mean?
Indo Farm Equipment (NSE:INDOFARM) has a EBIT of ₹1,625 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Indo Farm Equipment.
Is Indo Farm Equipment's EBIT too high?
Indo Farm Equipment's current EBIT is ₹1,625 Mil. Overall, Indo Farm Equipment has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's EBIT compare to CAT and DE?
Indo Farm Equipment's EBIT of ₹1,625 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Farm Equipment. Indo Farm Equipment's current EBIT is ₹1,625 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current EBIT of ₹1,625 Mil. The current EBIT is ₹1,625 Mil. Indo Farm Equipment's overall GF Score™ is 37/100 with 4 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 Farm Equipment (NSE:INDOFARM), the current EBIT is ₹1,625 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.

Indo Farm Equipment Business Description

Other Exchanges 544328:India
Address Export Promotion Industrial Park, Phase-II, District Solan, Baddi, HP, IND, 173 205
Indo Farm Equipment Ltd is a fully integrated established manufacturer of Tractors and Pick & Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators, and other related spares & components. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
37GF Score

Get the complete analysis for NSE:INDOFARM

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

₹144.69
Price