Khandwala Securities (NSE:KHANDSE) EBIT: ₹-10.54 Mil (TTM As of Mar. 2026)


NSE:KHANDSE Khandwala Securities Ltd NSE:KHANDSE
61 GF Score
Price ₹17.67
GF Value ₹24.75
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Khandwala Securities EBIT?

Khandwala Securities NSE:KHANDSE +0.11% 61 EBIT is ₹-10.54 Mil as of Mar. 2026. GuruFocus rates NSE:KHANDSE with a GF Score™ of 61/100 and a GF Value™ of ₹24.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Khandwala Securities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-3.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-10.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Khandwala Securities's annualized ROC % for the quarter that ended in Mar. 2026 was -9.40%. Khandwala Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -103.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Khandwala Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.82%.


Khandwala Securities  (NSE:KHANDSE) EBIT Explanation

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

Khandwala Securities'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 )
=-32.628 * ( 1 - 2.4% )/( (0 + 338.658)/ 1 )
=-31.844928/338.658
=-9.40 %

where

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

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

Khandwala Securities'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 )
=-15.18/( ( (0 + max(0, 0)) + (14.603 + max(-46.262, 0)) )/ 1 )
=-15.18/( ( 0 + 14.603 )/ 1 )
=-15.18/14.603
=-103.95 %

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)
=(40.101 + 0 + 10.462) - (88.116 + 0 + 8.709)
=-46.262

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:

Khandwala Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-10.538/275.527
=-3.82 %

* 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.


Khandwala Securities EBIT Related Terms


Khandwala Securities EBIT Historical Data

* Premium members only.

The historical data trend for Khandwala Securities'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.

Khandwala Securities EBIT Chart

Khandwala Securities 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 7.36 7.82 3.78 3.33 -10.54

Khandwala Securities 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 -9.73 -5.46 2.99 -4.28 -3.80

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

For the Capital Markets subindustry, Khandwala Securities'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.


Khandwala Securities EV-to-EBIT vs Capital Markets Industry

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

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


NSE:KHANDSE
61GF Score
Khandwala Securities Ltd NSE:KHANDSE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Khandwala Securities 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 ₹-10.54 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 ₹-10.54 Mil mean?
Khandwala Securities (NSE:KHANDSE) has a EBIT of ₹-10.54 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Khandwala Securities.
Is Khandwala Securities' EBIT too high?
Khandwala Securities' current EBIT is ₹-10.54 Mil. Overall, Khandwala Securities has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khandwala Securities' EBIT compare to MS and GS?
Khandwala Securities' EBIT of ₹-10.54 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 Khandwala Securities. Khandwala Securities's current EBIT is ₹-10.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khandwala Securities stock overvalued right now?
Based on GuruFocus' analysis, Khandwala Securities (NSE:KHANDSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.75, compared to a current price of ₹17.67 — trading 28.6% below its estimated fair value. The current EBIT is ₹-10.54 Mil. Khandwala Securities' overall GF Score™ is 61/100 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 Khandwala Securities (NSE:KHANDSE), the current EBIT is ₹-10.54 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 Khandwala Securities (NSE:KHANDSE) Overvalued in 2026?

Based on GuruFocus' analysis, Khandwala Securities stock appears to be undervalued. The current stock price of ₹17.67 is trading 28.6% below its estimated GF Value™ of ₹24.75. GuruFocus considers Khandwala Securities to be Modestly Undervalued.

Key valuation signals for NSE:KHANDSE:

  • EBIT: ₹-10.54 Mil
  • GF Value™: ₹24.75 vs. price of ₹17.67 (28.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Khandwala Securities Business Description

Other Exchanges 531892:India
Address Nariman Point, G-II, Ground Floor, Dalamal House, Mumbai, MH, IND, 400021
Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services such as stock broking, investment banking, portfolio management, research and analysis, and investment advisory, among others. The company is organized into two segments: Fee-based and Investment/Trading in Stock. The Fee-based division provides financial advisory services for mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The Investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company. The majority of the company's revenue is generated from its Fee-based operations.
61GF Score

Get the complete analysis for NSE:KHANDSE

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

₹17.67
Price
₹24.75
GF Value