Keynote Financial Services (NSE:KEYFINSERV) EBIT: ₹96.1 Mil (TTM As of Mar. 2026)


NSE:KEYFINSERV Keynote Financial Services Ltd NSE:KEYFINSERV
78 GF Score
Price ₹243.95
GF Value ₹221.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Keynote Financial Services EBIT?

Keynote Financial Services NSE:KEYFINSERV -3.04% 78 EBIT is ₹96.1 Mil as of Mar. 2026. GuruFocus rates NSE:KEYFINSERV with a GF Score™ of 78/100 and a GF Value™ of ₹221.50 (Fairly Valued). The stock has 5 warning signs investors should review.

Keynote Financial Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-60.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹96.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Keynote Financial Services's annualized ROC % for the quarter that ended in Mar. 2026 was -14.65%. Keynote Financial Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -131.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Keynote Financial Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.53%.


Keynote Financial Services  (NSE:KEYFINSERV) EBIT Explanation

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

Keynote Financial Services'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 )
=-260.28 * ( 1 - 19.33% )/( (0 + 1432.909)/ 1 )
=-209.967876/1432.909
=-14.65 %

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))
=1592.875 - 41.417 - ( 118.549 - max(0, 41.417 - 522.597+118.549))
=1432.909

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

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

Keynote Financial Services'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 )
=-243.536/( ( (0 + max(0, 0)) + (185.777 + max(-15.815, 0)) )/ 1 )
=-243.536/( ( 0 + 185.777 )/ 1 )
=-243.536/185.777
=-131.09 %

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)
=(25.602 + 0 + 0) - (41.417 + 0 + 0)
=-15.815

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:

Keynote Financial Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=96.094/1275.858
=7.53 %

* 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.


Keynote Financial Services EBIT Related Terms


Keynote Financial Services EBIT Historical Data

* Premium members only.

The historical data trend for Keynote Financial Services'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.

Keynote Financial Services EBIT Chart

Keynote Financial Services 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 198.27 0.07 356.73 122.80 96.09

Keynote Financial Services 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 -84.86 125.21 -47.67 79.44 -60.88

NSE:KEYFINSERV vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, Keynote Financial Services'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.


Keynote Financial Services EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Keynote Financial Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Keynote Financial Services's EV-to-EBIT falls into.


NSE:KEYFINSERV
78GF Score
Keynote Financial Services Ltd NSE:KEYFINSERV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Keynote Financial Services 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 ₹96.1 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 ₹96.1 Mil mean?
Keynote Financial Services (NSE:KEYFINSERV) has a EBIT of ₹96.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Keynote Financial Services.
Is Keynote Financial Services' EBIT too high?
Keynote Financial Services' current EBIT is ₹96.1 Mil. Overall, Keynote Financial Services has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keynote Financial Services' EBIT compare to MS and GS?
Keynote Financial Services' EBIT of ₹96.1 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Keynote Financial Services. Keynote Financial Services's current EBIT is ₹96.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keynote Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Keynote Financial Services (NSE:KEYFINSERV) is currently considered Fairly Valued. The stock's GF Value™ is ₹221.50, compared to a current price of ₹243.95 — trading 10.1% above its estimated fair value. The current EBIT is ₹96.1 Mil. Keynote Financial Services' overall GF Score™ is 78/100 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 Keynote Financial Services (NSE:KEYFINSERV), the current EBIT is ₹96.1 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 Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?

Based on GuruFocus' analysis, Keynote Financial Services stock appears to be overvalued. The current stock price of ₹243.95 is trading 10.1% above its estimated GF Value™ of ₹221.50. GuruFocus considers Keynote Financial Services to be Fairly Valued.

Key valuation signals for NSE:KEYFINSERV:

  • EBIT: ₹96.1 Mil
  • GF Value™: ₹221.50 vs. price of ₹243.95 (10.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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


Keynote Financial Services Business Description

Other Exchanges 512597:India
Address Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
78GF Score

Get the complete analysis for NSE:KEYFINSERV

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

₹243.95
Price
₹221.50
GF Value