Mangalam Alloys (NSE:MAL) EBIT: ₹450 Mil (TTM As of Mar. 2025)


NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹34.00
! 7 Warning Signs
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What is Mangalam Alloys EBIT?

Mangalam Alloys NSE:MAL 38 EBIT is ₹450 Mil as of Mar. 2025. GuruFocus rates NSE:MAL with a GF Score™ of 38/100. The stock has 7 warning signs investors should review.

Mangalam Alloys's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2025 was ₹332 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹450 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mangalam Alloys's annualized ROC % for the quarter that ended in Mar. 2025 was 13.43%. Mangalam Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 23.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mangalam Alloys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 17.26%.

Mangalam Alloys  (NSE:MAL) EBIT Explanation

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

Mangalam Alloys's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=711.424 * ( 1 - 38.26% )/( (3186.022 + 3355.574)/ 2 )
=439.2331776/3270.798
=13.43 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=4461.894 - 1229.804 - ( 46.068 - max(0, 2631.821 - 3527.966+46.068))
=3186.022

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))
=4601.209 - 1236.878 - ( 8.757 - max(0, 2589.403 - 3690.099+8.757))
=3355.574

Note: The Operating Income data used here is two times the semi-annual (Mar. 2025) data.

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

Mangalam Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=663.296/( ( (682.933 + max(1822.352, 0)) + (662.071 + max(2375.448, 0)) )/ 2 )
=663.296/( ( 2505.285 + 3037.519 )/ 2 )
=663.296/2771.402
=23.93 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1374.476 + 1596.444 + 129.339) - (1229.804 + 0 + 48.103)
=1822.352

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1119.979 + 1893.452 + 644.775) - (1236.878 + 0 + 45.88)
=2375.448

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2025) EBIT data.

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

Mangalam Alloys's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=450.494/2610.652
=17.26 %

* 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.

Mangalam Alloys EBIT Related Terms

Mangalam Alloys EBIT Historical Data

* Premium members only.

The historical data trend for Mangalam Alloys'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.

Mangalam Alloys EBIT Chart

Mangalam Alloys Annual Data
Trend Mar16 Mar17 Mar18 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial 86.24 218.18 298.13 261.89 450.49

Mangalam Alloys Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar23 Sep23 Mar24 Sep24 Mar25
EBIT Get a 7-Day Free Trial Premium Member Only 0.00 170.53 91.36 118.85 331.65

NSE:MAL vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Mangalam Alloys'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.

Mangalam Alloys EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's EV-to-EBIT distribution charts can be found below:

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


NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Alloys 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹450 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 ₹450 Mil mean?
Mangalam Alloys (NSE:MAL) has a EBIT of ₹450 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mangalam Alloys.
Is Mangalam Alloys' EBIT too high?
Mangalam Alloys' current EBIT is ₹450 Mil. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' EBIT compare to NUE and STLD?
Mangalam Alloys' EBIT of ₹450 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Mangalam Alloys. Mangalam Alloys's current EBIT is ₹450 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current EBIT of ₹450 Mil. The current EBIT is ₹450 Mil. Mangalam Alloys' overall GF Score™ is 38/100 with 7 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 Mangalam Alloys (NSE:MAL), the current EBIT is ₹450 Mil as of Mar. 2025. 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

Get the complete analysis for NSE:MAL

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

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